US Foods Holding Corp. (NYSE:USFD) Shares Sold by LMR Partners LLP

LMR Partners LLP reduced its position in shares of US Foods Holding Corp. (NYSE:USFD) by 34.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 246,813 shares of the company’s stock after selling 132,000 shares during the period. LMR Partners LLP owned approximately 0.10% of US Foods worth $15,179,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Acadian Asset Management LLC bought a new stake in shares of US Foods during the 2nd quarter worth $25,000. Quent Capital LLC increased its stake in US Foods by 87.6% in the 3rd quarter. Quent Capital LLC now owns 469 shares of the company’s stock worth $29,000 after purchasing an additional 219 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in US Foods during the 2nd quarter worth about $30,000. Ashton Thomas Securities LLC acquired a new position in shares of US Foods in the third quarter worth about $31,000. Finally, Huntington National Bank increased its position in shares of US Foods by 332.5% in the third quarter. Huntington National Bank now owns 532 shares of the company’s stock worth $33,000 after acquiring an additional 409 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

USFD has been the subject of a number of recent analyst reports. Jefferies Financial Group raised their price objective on shares of US Foods from $66.00 to $71.00 and gave the stock a “buy” rating in a research note on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft lifted their price target on US Foods from $72.00 to $75.00 and gave the company a “buy” rating in a report on Friday, August 9th. Barclays increased their price objective on US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Wells Fargo & Company lifted their target price on US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a research note on Wednesday, September 18th. Finally, UBS Group increased their price target on shares of US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, US Foods presently has an average rating of “Buy” and a consensus price target of $71.09.

Insider Activity at US Foods

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $57.95, for a total transaction of $579,500.00. Following the transaction, the chief financial officer now directly owns 88,563 shares in the company, valued at approximately $5,132,225.85. This represents a 10.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.70% of the stock is currently owned by insiders.

US Foods Trading Down 2.0 %

US Foods stock opened at $64.67 on Monday. The business has a 50 day moving average price of $62.02 and a two-hundred day moving average price of $56.79. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01. US Foods Holding Corp. has a 12 month low of $42.19 and a 12 month high of $68.00. The stock has a market cap of $15.06 billion, a price-to-earnings ratio of 27.76, a price-to-earnings-growth ratio of 1.08 and a beta of 1.66.

About US Foods

US Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.