Farther Finance Advisors LLC Has $346,000 Position in US Foods Holding Corp. (NYSE:USFD)

Farther Finance Advisors LLC lessened its position in US Foods Holding Corp. (NYSE:USFD) by 5.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,123 shares of the company’s stock after selling 305 shares during the period. Farther Finance Advisors LLC’s holdings in US Foods were worth $346,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in USFD. EverSource Wealth Advisors LLC grew its stake in US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $32,000 after buying an additional 178 shares during the last quarter. Huntington National Bank boosted its holdings in shares of 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 acquiring an additional 409 shares in the last quarter. R Squared Ltd acquired a new stake in US Foods during the 4th quarter valued at $34,000. First Horizon Advisors Inc. raised its position in US Foods by 54.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock valued at $35,000 after purchasing an additional 202 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in US Foods by 66,100.0% in the third quarter. Assetmark Inc. now owns 662 shares of the company’s stock worth $41,000 after purchasing an additional 661 shares in the last quarter. Institutional investors own 98.76% of the company’s stock.

US Foods Trading Up 0.8 %

NYSE:USFD opened at $66.04 on Tuesday. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06. US Foods Holding Corp. has a 1-year low of $49.65 and a 1-year high of $73.19. The firm has a market capitalization of $15.21 billion, a price-to-earnings ratio of 32.69, a PEG ratio of 1.03 and a beta of 1.65. The business’s 50-day moving average price is $69.11 and its two-hundred day moving average price is $66.08.

US Foods (NYSE:USFD) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.01). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The firm had revenue of $9.49 billion for the quarter, compared to the consensus estimate of $9.47 billion. On average, equities analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insider Activity at US Foods

In other US Foods news, Director David W. Bullock bought 4,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was purchased at an average cost of $71.06 per share, with a total value of $284,240.00. Following the completion of the purchase, the director now owns 4,500 shares in the company, valued at approximately $319,770. The trade was a 800.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on USFD. Barclays lifted their price target on US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Friday, February 14th. 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 report on Monday, December 16th. StockNews.com lowered shares of US Foods from a “strong-buy” rating to a “buy” rating in a report on Thursday, March 13th. Morgan Stanley upped their price objective on US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. Finally, Piper Sandler increased their price objective on US Foods from $75.00 to $77.00 and gave the company an “overweight” rating in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $70.33.

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.