Atria Investments Inc Has $1.43 Million Holdings in US Foods Holding Corp. (NYSE:USFD)

Atria Investments Inc boosted its stake in US Foods Holding Corp. (NYSE:USFD) by 22.3% in the third quarter, HoldingsChannel.com reports. The firm owned 23,263 shares of the company’s stock after buying an additional 4,237 shares during the period. Atria Investments Inc’s holdings in US Foods were worth $1,431,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of USFD. Massachusetts Financial Services Co. MA increased its holdings in 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 purchasing an additional 2,064,321 shares during the period. Congress Asset Management Co. acquired a new stake in US Foods in the third quarter valued at $121,196,000. Interval Partners LP increased its holdings in US Foods by 371.2% in the second quarter. Interval Partners LP now owns 1,866,842 shares of the company’s stock valued at $98,905,000 after purchasing an additional 1,470,630 shares during the period. Vanguard Group Inc. increased its holdings in US Foods by 3.6% in the first quarter. Vanguard Group Inc. now owns 23,019,003 shares of the company’s stock valued at $1,242,336,000 after purchasing an additional 796,434 shares during the period. Finally, Ensign Peak Advisors Inc increased its holdings in US Foods by 175.8% in the second quarter. Ensign Peak Advisors Inc now owns 1,090,291 shares of the company’s stock valued at $57,764,000 after purchasing an additional 694,999 shares during the period. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently weighed in on USFD shares. StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. Piper Sandler upped their price target on shares of US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a research report on Monday, November 11th. Wells Fargo & Company upped their price target on shares of US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a research report on Wednesday, September 18th. Jefferies Financial Group upped their price target on shares of US Foods from $66.00 to $71.00 and gave the company a “buy” rating in a research report on Wednesday, September 25th. Finally, Barclays upped their price target on shares of US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. One equities research 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 stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $71.09.

Insider Transactions at US Foods

In other news, CFO Dirk J. Locascio sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $57.95, for a total value of $579,500.00. Following the transaction, the chief financial officer now owns 88,563 shares in the company, valued at $5,132,225.85. This trade represents a 10.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.70% of the stock is currently owned by insiders.

US Foods Stock Performance

Shares of USFD stock opened at $64.66 on Friday. US Foods Holding Corp. has a 12 month low of $42.19 and a 12 month high of $68.00. The firm has a market capitalization of $15.06 billion, a PE ratio of 27.75, a price-to-earnings-growth ratio of 1.12 and a beta of 1.66. The firm has a fifty day simple moving average of $62.02 and a two-hundred day simple moving average of $56.74. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01.

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.