BI Asset Management Fondsmaeglerselskab A S decreased its stake in shares of US Foods Holding Corp. (NYSE:USFD – Free Report) by 19.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 60,202 shares of the company’s stock after selling 14,801 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in US Foods were worth $5,551,000 as of its most recent filing with the SEC.
A number of other large investors have also made changes to their positions in the stock. Orion Porfolio Solutions LLC grew its position in US Foods by 1.4% during the fourth quarter. Orion Porfolio Solutions LLC now owns 7,108 shares of the company’s stock worth $535,000 after buying an additional 101 shares in the last quarter. Choreo LLC increased its stake in US Foods by 2.4% during the fourth quarter. Choreo LLC now owns 5,707 shares of the company’s stock valued at $433,000 after acquiring an additional 133 shares during the period. Crossmark Global Holdings Inc. raised its holdings in US Foods by 0.7% in the 4th quarter. Crossmark Global Holdings Inc. now owns 18,357 shares of the company’s stock valued at $1,383,000 after acquiring an additional 134 shares in the last quarter. Root Financial Partners LLC raised its holdings in US Foods by 22.4% in the 4th quarter. Root Financial Partners LLC now owns 840 shares of the company’s stock valued at $63,000 after acquiring an additional 154 shares in the last quarter. Finally, Brooklyn Investment Group lifted its position in shares of US Foods by 0.9% in the 4th quarter. Brooklyn Investment Group now owns 18,469 shares of the company’s stock worth $1,413,000 after acquiring an additional 157 shares during the period. Institutional investors and hedge funds own 98.76% of the company’s stock.
US Foods Stock Up 0.9%
USFD opened at $92.74 on Tuesday. The firm’s 50-day simple moving average is $87.75 and its 200-day simple moving average is $86.52. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.70 and a current ratio of 1.14. US Foods Holding Corp. has a twelve month low of $69.88 and a twelve month high of $102.13. The firm has a market cap of $20.42 billion, a price-to-earnings ratio of 31.23, a PEG ratio of 1.15 and a beta of 0.84.
Analysts Set New Price Targets
USFD has been the topic of several recent research reports. Piper Sandler decreased their price objective on US Foods from $103.00 to $88.00 and set a “neutral” rating on the stock in a report on Monday, June 1st. Citigroup cut their target price on US Foods from $115.00 to $111.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Weiss Ratings downgraded shares of US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. lowered their price target on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, May 14th. Finally, Wall Street Zen cut shares of US Foods from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, US Foods presently has an average rating of “Moderate Buy” and an average target price of $105.50.
View Our Latest Analysis on USFD
US Foods Company 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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