Investors Buy High Volume of Put Options on US Foods (USFD)

US Foods Holding Corp (NYSE:USFD) was the target of some unusual options trading on Wednesday. Investors acquired 1,500 put options on the company. This represents an increase of approximately 1,216% compared to the typical volume of 114 put options.

Shares of US Foods (USFD) opened at $29.99 on Thursday. The company has a quick ratio of 0.81, a current ratio of 1.40 and a debt-to-equity ratio of 1.31. US Foods has a 52 week low of $25.43 and a 52 week high of $33.91. The stock has a market capitalization of $6,760.00 and a PE ratio of 25.63.

A number of analysts recently commented on the company. Loop Capital set a $32.00 price objective on US Foods and gave the company a “hold” rating in a research note on Wednesday. Royal Bank of Canada reaffirmed a “buy” rating and set a $38.00 price objective on shares of US Foods in a research note on Friday, February 2nd. Zacks Investment Research raised US Foods from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a research note on Friday, November 10th. Pivotal Research set a $31.00 price objective on US Foods and gave the company a “hold” rating in a research note on Monday. Finally, Barclays lowered US Foods from an “overweight” rating to an “equal weight” rating and set a $32.00 price objective on the stock. in a research note on Tuesday, January 16th. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $34.00.

In other news, major shareholder Usf Co-Investor No. 2 L.P Cdr sold 19,977,773 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $28.00, for a total value of $559,377,644.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.56% of the company’s stock.

Large investors have recently modified their holdings of the business. Financial Gravity Companies Inc. acquired a new stake in US Foods in the 4th quarter worth about $132,000. Cerebellum GP LLC acquired a new stake in US Foods in the 4th quarter worth about $135,000. American International Group Inc. acquired a new stake in US Foods in the 4th quarter worth about $137,000. Tower Research Capital LLC TRC boosted its stake in US Foods by 2,909.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 6,139 shares of the company’s stock worth $196,000 after buying an additional 5,935 shares during the last quarter. Finally, Brown Advisory Inc. acquired a new stake in US Foods in the 3rd quarter worth about $214,000. 96.89% of the stock is currently owned by hedge funds and other institutional investors.

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About US Foods

US Foods Holding Corp. is a holding company. The Company is a foodservice distributor in the United States. The Company, through US Foods, Inc (USF), markets and primarily distributes fresh, frozen and dry food and non-food products to foodservice customers throughout the United States. These 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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