Atlas Capital Advisors Inc. decreased its stake in US Foods Holding Corp. (NYSE:USFD – Free Report) by 4.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,387 shares of the company’s stock after selling 340 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in US Foods were worth $498,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of USFD. Boston Partners boosted its stake in shares of US Foods by 0.6% in the 4th quarter. Boston Partners now owns 12,744,006 shares of the company’s stock valued at $860,460,000 after purchasing an additional 77,012 shares in the last quarter. Wellington Management Group LLP lifted its holdings in US Foods by 25.2% during the 3rd quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock valued at $744,548,000 after purchasing an additional 2,435,357 shares during the last quarter. State Street Corp boosted its position in US Foods by 4.7% in the third quarter. State Street Corp now owns 7,045,514 shares of the company’s stock valued at $433,299,000 after buying an additional 316,061 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of US Foods by 7.3% during the fourth quarter. JPMorgan Chase & Co. now owns 4,304,310 shares of the company’s stock worth $290,369,000 after buying an additional 292,404 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of US Foods by 6.5% in the third 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. 98.76% of the stock is currently owned by institutional investors.
US Foods Trading Down 5.0 %
Shares of NYSE USFD opened at $61.80 on Friday. The company’s 50 day simple moving average is $68.23 and its 200 day simple moving average is $66.59. The firm has a market capitalization of $14.24 billion, a P/E ratio of 30.59, a P/E/G ratio of 1.03 and a beta of 1.38. US Foods Holding Corp. has a fifty-two week low of $49.65 and a fifty-two week high of $73.19. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71.
Analyst Ratings Changes
A number of equities research analysts recently commented on the company. Barclays increased their price target on US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. StockNews.com cut US Foods from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Jefferies Financial Group increased their price objective on shares of US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Piper Sandler boosted their target price on shares of US Foods from $75.00 to $77.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 18th. Finally, Melius began coverage on shares of US Foods in a research note on Wednesday, December 18th. They set a “buy” rating and a $12.00 price target on the stock. One equities research analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $71.09.
View Our Latest Report on USFD
Insiders Place Their Bets
In related news, Director David W. Bullock acquired 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The shares were acquired at an average cost of $71.06 per share, with a total value of $284,240.00. Following the transaction, the director now owns 4,500 shares of the company’s stock, valued at $319,770. The trade was a 800.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.70% of the company’s stock.
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.
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