Atom Investors LP Purchases 76,164 Shares of US Foods Holding Corp. (NYSE:USFD)

Atom Investors LP raised its position in shares of US Foods Holding Corp. (NYSE:USFD) by 275.8% in the third quarter, Holdings Channel reports. The fund owned 103,784 shares of the company’s stock after buying an additional 76,164 shares during the quarter. Atom Investors LP’s holdings in US Foods were worth $6,383,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the business. Quent Capital LLC boosted its holdings in US Foods by 87.6% in 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. Acadian Asset Management LLC acquired a new position in shares of US Foods during the second quarter valued at about $25,000. Ashton Thomas Securities LLC acquired a new stake in US Foods during the third quarter worth about $31,000. Huntington National Bank increased its stake in US Foods by 332.5% during the third quarter. Huntington National Bank now owns 532 shares of the company’s stock valued at $33,000 after acquiring an additional 409 shares during the period. Finally, Capital Performance Advisors LLP acquired a new position in US Foods in the 3rd quarter valued at approximately $34,000. 98.76% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Dirk J. Locascio sold 10,000 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were 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 of the company’s stock, valued at $5,132,225.85. The trade was a 10.15 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

USFD has been the topic of several recent research reports. JPMorgan Chase & Co. lifted their price objective on US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Truist Financial lifted their price target on shares of US Foods from $66.00 to $74.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Wells Fargo & Company increased their price objective on shares of US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a research note on Wednesday, September 18th. Barclays lifted their target price on shares of US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. 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 research analyst has rated the stock with a hold rating, ten have given a buy rating and one has assigned 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 price target of $71.09.

US Foods Stock Down 0.1 %

Shares of NYSE USFD opened at $69.77 on Monday. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. The firm has a market capitalization of $16.25 billion, a PE ratio of 29.94, a price-to-earnings-growth ratio of 1.15 and a beta of 1.66. The firm’s 50-day moving average is $63.77 and its 200-day moving average is $57.90. US Foods Holding Corp. has a 1 year low of $42.96 and a 1 year high of $70.80.

US Foods 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.