US Foods Holding Corp. (NYSE:USFD) Receives Average Rating of “Moderate Buy” from Analysts

Shares of US Foods Holding Corp. (NYSE:USFD) have earned an average recommendation of “Moderate Buy” from the eleven research firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $71.09.

A number of equities analysts have recently issued reports on the stock. Piper Sandler increased their price objective on shares of US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a research note on Monday, November 11th. Barclays increased their price objective on shares of US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. JPMorgan Chase & Co. upped their target price on shares of US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Deutsche Bank Aktiengesellschaft upped their target price on shares of US Foods from $72.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, August 9th. Finally, UBS Group upped their target price on shares of US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, November 8th.

US Foods Trading Up 1.5 %

Shares of USFD stock opened at $70.62 on Wednesday. US Foods has a 52-week low of $43.24 and a 52-week high of $70.96. The stock has a market cap of $16.45 billion, a price-to-earnings ratio of 30.31, a P/E/G ratio of 1.15 and a beta of 1.68. 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 firm has a fifty day moving average of $64.10 and a 200-day moving average of $58.11.

Insiders Place Their Bets

In other 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 owns 88,563 shares of the company’s stock, valued at approximately $5,132,225.85. This trade represents a 10.15 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.70% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Quent Capital LLC boosted its stake 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 last quarter. Acadian Asset Management LLC acquired a new stake in shares of US Foods in the 2nd quarter valued at approximately $25,000. Ashton Thomas Securities LLC acquired a new stake in shares of US Foods in the 3rd quarter valued at approximately $31,000. Huntington National Bank raised its position in shares of US Foods by 332.5% in the 3rd quarter. Huntington National Bank now owns 532 shares of the company’s stock valued at $33,000 after acquiring an additional 409 shares during the period. Finally, Capital Performance Advisors LLP acquired a new stake in shares of US Foods in the 3rd quarter valued at approximately $34,000. Institutional investors own 98.76% of the company’s stock.

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.