US Foods Holding Corp. (NYSE:USFD) Receives $67.08 Consensus Price Target from Brokerages

Shares of US Foods Holding Corp. (NYSE:USFD) have been assigned an average rating of “Buy” from the thirteen brokerages that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $67.08.

Several research firms recently weighed in on USFD. StockNews.com upgraded shares of US Foods from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 10th. Truist Financial increased their target price on shares of US Foods from $66.00 to $74.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Jefferies Financial Group raised their price target 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. Barclays increased their price objective on US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Finally, UBS Group raised their target price on US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a research report on Friday, November 8th.

US Foods Stock Down 0.3 %

USFD opened at $67.46 on Friday. US Foods has a fifty-two week low of $44.81 and a fifty-two week high of $72.84. The firm has a market capitalization of $15.71 billion, a P/E ratio of 28.95, a PEG ratio of 1.15 and a beta of 1.68. The company’s 50-day moving average is $67.03 and its 200 day moving average is $60.33. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72.

Institutional Investors Weigh In On US Foods

Several hedge funds have recently added to or reduced their stakes in the company. Wellington Management Group LLP raised its stake in shares of US Foods by 25.2% during the third quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock worth $744,548,000 after acquiring an additional 2,435,357 shares in the last quarter. Victory Capital Management Inc. raised its position in US Foods by 5.1% in the 2nd quarter. Victory Capital Management Inc. now owns 10,383,374 shares of the company’s stock worth $550,111,000 after purchasing an additional 500,129 shares during the period. State Street Corp lifted its stake in US Foods by 4.7% in the third quarter. State Street Corp now owns 7,045,514 shares of the company’s stock worth $433,299,000 after purchasing an additional 316,061 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in US Foods by 4.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 6,841,961 shares of the company’s stock valued at $420,781,000 after buying an additional 291,016 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in shares of US Foods by 14.3% during the second quarter. Dimensional Fund Advisors LP now owns 4,528,776 shares of the company’s stock valued at $239,940,000 after buying an additional 567,601 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.

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.