BI Asset Management Fondsmaeglerselskab A S lifted its stake in shares of US Foods Holding Corp. (NYSE:USFD – Free Report) by 22.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 75,003 shares of the company’s stock after acquiring an additional 13,841 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in US Foods were worth $5,649,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC purchased a new stake in shares of US Foods during the third quarter worth about $26,000. Steph & Co. purchased a new stake in US Foods in the 4th quarter worth approximately $34,000. Geneos Wealth Management Inc. raised its holdings in US Foods by 120.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after acquiring an additional 263 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in US Foods in the 3rd quarter valued at $49,000. Finally, Root Financial Partners LLC lifted its stake in shares of US Foods by 22.4% during the 4th quarter. Root Financial Partners LLC now owns 840 shares of the company’s stock worth $63,000 after purchasing an additional 154 shares during the period. Institutional investors and hedge funds own 98.76% of the company’s stock.
US Foods Stock Down 0.1%
USFD opened at $84.49 on Monday. US Foods Holding Corp. has a 1 year low of $69.88 and a 1 year high of $102.13. The firm has a 50 day moving average price of $87.59 and a 200 day moving average price of $85.26. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.70 and a current ratio of 1.14. The company has a market cap of $18.61 billion, a PE ratio of 28.45, a price-to-earnings-growth ratio of 1.06 and a beta of 0.83.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on USFD shares. Weiss Ratings downgraded US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, May 1st. UBS Group reissued a “buy” rating and issued a $117.00 price target on shares of US Foods in a research note on Friday, February 13th. BMO Capital Markets lifted their price target on US Foods from $95.00 to $115.00 and gave the company an “outperform” rating in a report on Friday, February 13th. Deutsche Bank Aktiengesellschaft set a $111.00 price objective on shares of US Foods and gave the stock a “buy” rating in a report on Friday, February 13th. Finally, Citigroup lowered their target price on shares of US Foods from $115.00 to $111.00 and set a “buy” rating for the company in a report on Friday, May 8th. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, US Foods presently has an average rating of “Moderate Buy” and an average target price of $105.50.
Read Our Latest Report 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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