OneDigital Investment Advisors LLC Acquires 267 Shares of US Foods Holding Corp. (NYSE:USFD)

OneDigital Investment Advisors LLC raised its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 1.3% during the third quarter, Holdings Channel reports. The firm owned 20,897 shares of the company’s stock after buying an additional 267 shares during the period. OneDigital Investment Advisors LLC’s holdings in US Foods were worth $1,285,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on USFD shares. JPMorgan Chase & Co. boosted their price target on US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Piper Sandler increased their target price on shares of US Foods from $61.00 to $75.00 and gave the stock an “overweight” rating in a research report on Monday, November 11th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of US Foods from $72.00 to $75.00 and gave the stock a “buy” rating in a research report on Friday, August 9th. Barclays boosted their target price on US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Finally, Truist Financial lifted their price target on US Foods from $66.00 to $74.00 and gave the company a “buy” rating in a research note on Friday, November 8th. One research analyst has rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $71.09.

US Foods Stock Performance

NYSE USFD opened at $65.37 on Tuesday. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01. The company has a 50-day simple moving average of $62.02 and a two-hundred day simple moving average of $56.83. The firm has a market cap of $15.23 billion, a price-to-earnings ratio of 28.06, a PEG ratio of 1.07 and a beta of 1.66. US Foods Holding Corp. has a 12-month low of $42.19 and a 12-month high of $68.00.

Insider Buying and Selling

In other news, CFO Dirk J. Locascio sold 10,000 shares of the company’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $57.95, for a total transaction 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 represents a 10.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.70% of the stock is currently owned by insiders.

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.