US Foods Holding Corp. (NYSE:USFD) Shares Sold by Fulton Bank N.A.

Fulton Bank N.A. lessened its holdings in US Foods Holding Corp. (NYSE:USFD) by 2.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,140 shares of the company’s stock after selling 186 shares during the period. Fulton Bank N.A.’s holdings in US Foods were worth $617,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Commonwealth Equity Services LLC boosted its stake in US Foods by 49.9% during the second quarter. Commonwealth Equity Services LLC now owns 31,259 shares of the company’s stock worth $1,656,000 after buying an additional 10,402 shares during the period. Los Angeles Capital Management LLC boosted its stake in shares of US Foods by 46.4% in the second quarter. Los Angeles Capital Management LLC now owns 26,560 shares of the company’s stock valued at $1,407,000 after purchasing an additional 8,413 shares during the period. Acadian Asset Management LLC acquired a new position in shares of US Foods in the second quarter valued at approximately $25,000. Quest Partners LLC increased its stake in US Foods by 26,233.3% during the 2nd quarter. Quest Partners LLC now owns 4,740 shares of the company’s stock worth $251,000 after buying an additional 4,722 shares during the period. Finally, Choreo LLC acquired a new stake in US Foods during the 2nd quarter worth approximately $204,000. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

US Foods Stock Up 1.4 %

USFD opened at $68.13 on Friday. US Foods Holding Corp. has a one year low of $44.81 and a one year high of $72.84. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19. The stock has a market capitalization of $15.87 billion, a P/E ratio of 29.24, a price-to-earnings-growth ratio of 1.15 and a beta of 1.67. The business’s 50-day simple moving average is $67.80 and its 200-day simple moving average is $60.89.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on USFD shares. Barclays upped their price objective on US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. StockNews.com raised US Foods from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 10th. Melius Research upgraded US Foods to a “strong-buy” rating in a research note on Wednesday, December 18th. Jefferies Financial Group upped their target price on shares of US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Finally, Truist Financial lifted their price target on shares of US Foods from $66.00 to $74.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. One research analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, US Foods has an average rating of “Buy” and an average price target of $67.08.

US Foods 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.