Versant Capital Management Inc Purchases 452 Shares of US Foods Holding Corp. (NYSE:USFD)

Versant Capital Management Inc increased its position in shares of US Foods Holding Corp. (NYSE:USFD) by 112.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 855 shares of the company’s stock after buying an additional 452 shares during the period. Versant Capital Management Inc’s holdings in US Foods were worth $58,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Acadian Asset Management LLC acquired a new position in US Foods during the 2nd quarter worth $25,000. Quent Capital LLC lifted its position in shares of US Foods by 87.6% during the 3rd quarter. Quent Capital LLC now owns 469 shares of the company’s stock worth $29,000 after purchasing an additional 219 shares during the last quarter. Ashton Thomas Securities LLC acquired a new stake in US Foods in the 3rd quarter valued at approximately $31,000. Huntington National Bank grew its holdings in 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 buying an additional 409 shares during the last quarter. Finally, Capital Performance Advisors LLP bought a new position in US Foods in the 3rd quarter worth approximately $34,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Price Performance

Shares of USFD stock opened at $67.98 on Monday. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72. The stock’s fifty day simple moving average is $67.44 and its 200 day simple moving average is $60.59. US Foods Holding Corp. has a one year low of $44.81 and a one year high of $72.84. The firm has a market cap of $15.84 billion, a price-to-earnings ratio of 29.18, a P/E/G ratio of 1.15 and a beta of 1.67.

Analyst Upgrades and Downgrades

USFD has been the topic of a number of research reports. StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 10th. Melius began coverage on shares of US Foods in a report on Wednesday, December 18th. They set a “buy” rating and a $12.00 price objective on the stock. Melius Research upgraded shares of US Foods to a “strong-buy” rating in a research note on Wednesday, December 18th. Barclays boosted their price target on US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Finally, Piper Sandler upped their price target on US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a report on Monday, November 11th. One investment analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $67.08.

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.