Yousif Capital Management LLC cut its position in US Foods Holding Corp. (NYSE:USFD – Free Report) by 7.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,664 shares of the company’s stock after selling 7,155 shares during the quarter. Yousif Capital Management LLC’s holdings in US Foods were worth $5,846,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also bought and sold shares of the company. Wellington Management Group LLP raised its position in shares of US Foods by 25.2% in the third quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock worth $744,548,000 after buying an additional 2,435,357 shares in the last quarter. State Street Corp increased its stake in US Foods by 4.7% in the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company’s stock worth $433,299,000 after acquiring an additional 316,061 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of US Foods by 4.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,841,961 shares of the company’s stock valued at $420,781,000 after acquiring an additional 291,016 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of US Foods by 6.5% during the 3rd quarter. Geode Capital Management LLC now owns 3,972,930 shares of the company’s stock valued at $244,401,000 after acquiring an additional 241,900 shares during the last quarter. Finally, Congress Asset Management Co. purchased a new position in shares of US Foods during the third quarter worth about $121,196,000. 98.76% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on USFD. Jefferies Financial Group raised their target price on shares of US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Piper Sandler lifted their price objective on shares of US Foods from $61.00 to $75.00 and gave the stock an “overweight” rating in a report on Monday, November 11th. UBS Group increased their target price on US Foods from $67.00 to $77.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Melius Research upgraded US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. Finally, Truist Financial upped their price objective on US Foods from $74.00 to $78.00 and gave the stock a “buy” rating in a report on Thursday, January 16th. One 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 company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $68.92.
US Foods Stock Down 1.6 %
Shares of US Foods stock opened at $70.86 on Friday. The company’s 50 day moving average price is $69.08 and its 200-day moving average price is $63.23. US Foods Holding Corp. has a 52-week low of $45.24 and a 52-week high of $73.00. 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 stock has a market capitalization of $16.51 billion, a price-to-earnings ratio of 30.41, a P/E/G ratio of 0.95 and a beta of 1.67.
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.
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