US Foods Holding Corp. (NYSE:USFD) Stake Increased by Natixis Advisors LLC

Natixis Advisors LLC lifted its holdings in US Foods Holding Corp. (NYSE:USFD) by 96.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 149,268 shares of the company’s stock after buying an additional 73,178 shares during the period. Natixis Advisors LLC owned about 0.06% of US Foods worth $9,180,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Acadian Asset Management LLC acquired a new stake in shares of US Foods during the 2nd quarter valued at $25,000. Quent Capital LLC raised its holdings in shares of US Foods by 87.6% during the third quarter. Quent Capital LLC now owns 469 shares of the company’s stock worth $29,000 after acquiring an additional 219 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in US Foods during the second quarter valued at $30,000. Ashton Thomas Securities LLC purchased a new position in US Foods in the third quarter valued at about $31,000. Finally, Huntington National Bank increased its position in US Foods by 332.5% in the 3rd quarter. Huntington National Bank now owns 532 shares of the company’s stock worth $33,000 after purchasing an additional 409 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Analyst Ratings Changes

USFD has been the subject of several research reports. UBS Group lifted their price target on US Foods from $67.00 to $77.00 and gave the company a “buy” rating in a report on Friday, November 8th. Jefferies Financial Group lifted their target price on shares of US Foods from $66.00 to $71.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. Barclays increased their price target on shares of US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Piper Sandler lifted their price objective on shares of US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a research note on Monday, November 11th. Finally, Truist Financial increased their target price on shares of US Foods from $66.00 to $74.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $71.09.

US Foods Price Performance

NYSE:USFD opened at $68.02 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72. The stock has a market cap of $15.84 billion, a P/E ratio of 29.19, a PEG ratio of 1.10 and a beta of 1.66. The company has a fifty day moving average price of $62.54 and a 200 day moving average price of $57.11. US Foods Holding Corp. has a one year low of $42.56 and a one year high of $68.08.

Insider Activity at US Foods

In other news, CFO Dirk J. Locascio sold 10,000 shares of the firm’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $57.95, for a total transaction of $579,500.00. Following the completion of the transaction, the chief financial officer now directly owns 88,563 shares of the company’s stock, valued at approximately $5,132,225.85. This trade represents a 10.15 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.70% of the stock is owned by corporate insiders.

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.