Vestmark Advisory Solutions Inc. trimmed its position in shares of US Foods Holding Corp. (NYSE:USFD – Free Report) by 82.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,667 shares of the company’s stock after selling 35,494 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in US Foods were worth $587,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also modified their holdings of the company. Parkside Financial Bank & Trust boosted its stake in US Foods by 303.7% in the third quarter. Parkside Financial Bank & Trust now owns 327 shares of the company’s stock worth $25,000 after purchasing an additional 246 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in US Foods by 120.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after buying an additional 263 shares in the last quarter. First Horizon Corp bought a new stake in US Foods during the 3rd quarter worth about $39,000. MAI Capital Management increased its position in US Foods by 155.6% in the 2nd quarter. MAI Capital Management now owns 529 shares of the company’s stock valued at $41,000 after acquiring an additional 322 shares in the last quarter. Finally, Quent Capital LLC bought a new position in shares of US Foods in the third quarter worth about $43,000. 98.76% of the stock is owned by institutional investors and hedge funds.
US Foods Stock Performance
Shares of USFD stock opened at $95.34 on Friday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.68 and a current ratio of 1.16. US Foods Holding Corp. has a 52 week low of $57.36 and a 52 week high of $102.13. The company’s 50 day moving average price is $84.78 and its two-hundred day moving average price is $79.09. The company has a market capitalization of $21.03 billion, a P/E ratio of 32.43, a price-to-earnings-growth ratio of 1.17 and a beta of 1.02.
Insider Activity
In other news, insider James David Works, Jr. sold 65,737 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $96.52, for a total value of $6,344,935.24. Following the sale, the insider owned 88,176 shares of the company’s stock, valued at $8,510,747.52. The trade was a 42.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.60% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
USFD has been the subject of several research analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of US Foods in a research report on Monday, December 29th. BMO Capital Markets lifted their price objective on US Foods from $95.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Guggenheim upped their target price on shares of US Foods from $95.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Citigroup raised their target price on shares of US Foods from $95.00 to $118.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Finally, Wall Street Zen lowered shares of US Foods from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, US Foods currently has an average rating of “Moderate Buy” and an average price target of $107.33.
Read Our Latest Analysis on US Foods
US Foods Profile
US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.
Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.
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