Primecap Management Co. CA Buys 170,309 Shares of US Foods Holding Corp. (NYSE:USFD)

Primecap Management Co. CA raised its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 145.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 287,408 shares of the company’s stock after purchasing an additional 170,309 shares during the quarter. Primecap Management Co. CA’s holdings in US Foods were worth $17,676,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. O Shaughnessy Asset Management LLC raised its stake in shares of US Foods by 29.3% in the first quarter. O Shaughnessy Asset Management LLC now owns 7,946 shares of the company’s stock valued at $429,000 after purchasing an additional 1,800 shares in the last quarter. Advisors Asset Management Inc. raised its stake in shares of US Foods by 55.7% in the 1st quarter. Advisors Asset Management Inc. now owns 10,122 shares of the company’s stock valued at $546,000 after buying an additional 3,622 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of US Foods by 6.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 162,128 shares of the company’s stock worth $8,751,000 after acquiring an additional 9,652 shares during the period. Public Employees Retirement Association of Colorado boosted its position in shares of US Foods by 1,510.1% during the 1st quarter. Public Employees Retirement Association of Colorado now owns 441,405 shares of the company’s stock valued at $23,823,000 after acquiring an additional 413,991 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC increased its stake in US Foods by 2.8% in the first quarter. Mount Yale Investment Advisors LLC now owns 10,634 shares of the company’s stock valued at $574,000 after acquiring an additional 286 shares during the period. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Stock Up 2.2 %

Shares of NYSE:USFD opened at $69.44 on Friday. 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 has a market cap of $16.18 billion, a P/E ratio of 29.80, a P/E/G ratio of 1.12 and a beta of 1.66. US Foods Holding Corp. has a 12 month low of $42.80 and a 12 month high of $69.69. The company’s 50-day moving average price is $62.72 and its two-hundred day moving average price is $57.18.

Insider Transactions at US Foods

In other news, CFO Dirk J. Locascio sold 10,000 shares of the business’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $57.95, for a total transaction of $579,500.00. Following the completion of the sale, the chief financial officer now owns 88,563 shares in the company, valued at $5,132,225.85. The trade was a 10.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.70% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Barclays lifted their price objective on US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a report on Friday, November 8th. UBS Group boosted their price target on US Foods from $67.00 to $77.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Wells Fargo & Company lifted their price objective on US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a report on Wednesday, September 18th. Deutsche Bank Aktiengesellschaft upped their target price on shares of US Foods from $72.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, August 9th. Finally, StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. 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 MarketBeat, US Foods presently has a consensus rating of “Buy” and an average price target of $71.09.

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.