US Foods Holding Corp. (NYSE:USFD) Position Increased by First Hawaiian Bank

First Hawaiian Bank lifted its holdings in US Foods Holding Corp. (NYSE:USFD) by 31.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 71,316 shares of the company’s stock after buying an additional 16,926 shares during the quarter. First Hawaiian Bank’s holdings in US Foods were worth $4,811,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of USFD. Acadian Asset Management LLC acquired a new position in US Foods in the second quarter valued at approximately $25,000. Quent Capital LLC boosted its position in US Foods by 87.6% during the 3rd quarter. Quent Capital LLC now owns 469 shares of the company’s stock valued at $29,000 after purchasing an additional 219 shares during the period. Ashton Thomas Securities LLC bought a new position in US Foods during the 3rd quarter worth $31,000. Huntington National Bank increased its position in 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 buying an additional 409 shares during the period. Finally, Capital Performance Advisors LLP bought a new stake in US Foods in the third quarter valued at $34,000. Institutional investors own 98.76% of the company’s stock.

US Foods Trading Up 1.4 %

Shares of NYSE:USFD traded up $0.91 during midday trading on Wednesday, reaching $68.13. The company had a trading volume of 1,480,048 shares, compared to its average volume of 1,401,638. The company has a fifty day simple moving average of $67.67 and a two-hundred day simple moving average of $60.83. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19. The firm has a market cap of $15.87 billion, a price-to-earnings ratio of 29.24, a price-to-earnings-growth ratio of 1.15 and a beta of 1.67. US Foods Holding Corp. has a 1-year low of $44.81 and a 1-year high of $72.84.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Truist Financial lifted their price objective on shares of US Foods from $66.00 to $74.00 and gave the company a “buy” rating in a research report on Friday, November 8th. StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 10th. Melius assumed coverage on US Foods in a research report on Wednesday, December 18th. They issued a “buy” rating and a $12.00 target price on the stock. Jefferies Financial Group boosted their price target on US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Finally, UBS Group lifted their price objective on shares of US Foods from $67.00 to $77.00 and gave the company a “buy” rating in a research note on Friday, November 8th. One research analyst has rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, US Foods currently has a consensus rating of “Buy” and a consensus target price of $67.08.

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.