First Horizon Advisors Inc. Buys 202 Shares of US Foods Holding Corp. (NYSE:USFD)

First Horizon Advisors Inc. raised its stake in US Foods Holding Corp. (NYSE:USFD) by 54.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 575 shares of the company’s stock after purchasing an additional 202 shares during the quarter. First Horizon Advisors Inc.’s holdings in US Foods were worth $35,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in USFD. Massachusetts Financial Services Co. MA grew its stake in shares of US Foods by 46.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,550,945 shares of the company’s stock valued at $347,069,000 after buying an additional 2,064,321 shares in the last quarter. Congress Asset Management Co. acquired a new stake in US Foods in the third quarter valued at $121,196,000. Interval Partners LP grew its position in shares of US Foods by 371.2% in the 2nd quarter. Interval Partners LP now owns 1,866,842 shares of the company’s stock valued at $98,905,000 after acquiring an additional 1,470,630 shares during the period. Ensign Peak Advisors Inc increased its stake in shares of US Foods by 175.8% during the 2nd quarter. Ensign Peak Advisors Inc now owns 1,090,291 shares of the company’s stock worth $57,764,000 after purchasing an additional 694,999 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of US Foods by 14.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,528,776 shares of the company’s stock valued at $239,940,000 after purchasing an additional 567,601 shares during the period. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Stock Up 0.6 %

Shares of USFD opened at $69.88 on Tuesday. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. US Foods Holding Corp. has a 12 month low of $42.96 and a 12 month high of $70.52. The firm’s 50 day moving average is $62.91 and its 200-day moving average is $57.37. The stock has a market capitalization of $16.28 billion, a PE ratio of 29.92, a P/E/G ratio of 1.15 and a beta of 1.66.

Analyst Upgrades and Downgrades

USFD has been the topic of a number of recent analyst reports. Truist Financial boosted their price target on US Foods from $66.00 to $74.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 10th. Piper Sandler raised their price target on US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a report on Monday, November 11th. UBS Group upped their price objective on shares of US Foods from $67.00 to $77.00 and gave the company a “buy” rating in a report on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of US Foods from $72.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, August 9th. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $71.09.

Insider Buying and Selling at US Foods

In other US Foods 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 value of $579,500.00. Following the transaction, the chief financial officer now directly owns 88,563 shares of the company’s stock, valued at $5,132,225.85. This trade represents a 10.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.70% of the company’s stock.

About US Foods

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.