B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of US Foods Holding Corp. (NYSE:USFD – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 89,452 shares of the company’s stock, valued at approximately $5,501,000.
Other hedge funds also recently bought and sold shares of the company. Janus Henderson Group PLC lifted its position in US Foods by 46.3% during the first quarter. Janus Henderson Group PLC now owns 162,338 shares of the company’s stock valued at $8,759,000 after purchasing an additional 51,402 shares during the period. Vanguard Group Inc. grew its position in US Foods by 3.6% in the first quarter. Vanguard Group Inc. now owns 23,019,003 shares of the company’s stock worth $1,242,336,000 after acquiring an additional 796,434 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in US Foods by 6.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 162,128 shares of the company’s stock valued at $8,751,000 after acquiring an additional 9,652 shares during the last quarter. Dynasty Wealth Management LLC bought a new position in shares of US Foods during the first quarter valued at approximately $1,143,000. Finally, Jag Capital Management LLC grew its holdings in shares of US Foods by 3,175.1% in the third quarter. Jag Capital Management LLC now owns 169,227 shares of the company’s stock worth $10,407,000 after purchasing an additional 164,060 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have commented on USFD shares. JPMorgan Chase & Co. raised their target price on shares of US Foods from $68.00 to $69.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Piper Sandler increased their price target on US Foods from $61.00 to $75.00 and gave the stock an “overweight” rating in a research report on Monday, November 11th. 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 research note on Friday, August 9th. Jefferies Financial Group increased their target price on US Foods from $66.00 to $71.00 and gave the company a “buy” rating in a report on Wednesday, September 25th. Finally, UBS Group lifted their price objective on US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and one has issued 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 $71.09.
Insider Transactions at US Foods
In other news, CFO Dirk J. Locascio sold 10,000 shares of US Foods stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $57.95, for a total value of $579,500.00. Following the completion of the transaction, the chief financial officer now owns 88,563 shares in the company, valued at approximately $5,132,225.85. This trade represents a 10.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.70% of the company’s stock.
US Foods Price Performance
Shares of USFD opened at $66.52 on Wednesday. The company has a market cap of $15.50 billion, a P/E ratio of 28.55, a PEG ratio of 1.07 and a beta of 1.66. US Foods Holding Corp. has a fifty-two week low of $42.19 and a fifty-two week high of $68.00. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01. The firm’s 50 day moving average price is $62.37 and its 200 day moving average price is $57.04.
US Foods Company Profile
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.
Featured Stories
- Five stocks we like better than US Foods
- How to Use the MarketBeat Stock Screener
- Super Micro Computer Soars 28%: Is It Really Out of the Woods?
- What is a Special Dividend?
- Traders Are Flocking Back to Oil: What’s Fueling the Optimism
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- 3 Hot Stock Trends to Ride Into 2025
Receive News & Ratings for US Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Foods and related companies with MarketBeat.com's FREE daily email newsletter.