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

US Foods Holding Corp. (NYSE:USFD) has earned a consensus rating of “Moderate Buy” from the eleven analysts that are covering the stock, MarketBeat reports. One analyst has rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $71.09.

Several analysts recently weighed in on USFD shares. Barclays lifted their price objective 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. JPMorgan Chase & Co. lifted their price objective on shares of US Foods from $68.00 to $69.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft raised their target price on shares of US Foods from $72.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, August 9th. UBS Group raised their target price on shares of US Foods from $67.00 to $77.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Finally, Piper Sandler raised their target price 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.

US Foods Trading Up 1.5 %

US Foods stock opened at $70.62 on Wednesday. The firm’s 50-day moving average is $64.10 and its 200-day moving average is $58.11. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19. US Foods has a 1 year low of $43.24 and a 1 year high of $70.96. The company has a market cap of $16.45 billion, a P/E ratio of 30.31, a PEG ratio of 1.15 and a beta of 1.68.

Insider Buying and Selling

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of US Foods stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $57.95, for a total value of $579,500.00. Following the completion of the sale, the chief financial officer now directly owns 88,563 shares in the company, valued at $5,132,225.85. The trade was a 10.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On US Foods

A number of institutional investors have recently modified their holdings of the company. GAMMA Investing LLC raised its stake in US Foods by 70.8% during the 2nd quarter. GAMMA Investing LLC now owns 1,858 shares of the company’s stock valued at $98,000 after purchasing an additional 770 shares during the last quarter. CWM LLC raised its stake in US Foods by 123.9% during the 2nd quarter. CWM LLC now owns 4,088 shares of the company’s stock valued at $217,000 after purchasing an additional 2,262 shares during the last quarter. OLD National Bancorp IN raised its stake in US Foods by 5.0% during the 2nd quarter. OLD National Bancorp IN now owns 6,289 shares of the company’s stock valued at $333,000 after purchasing an additional 301 shares during the last quarter. Gateway Investment Advisers LLC raised its stake in US Foods by 2.4% during the 2nd quarter. Gateway Investment Advisers LLC now owns 87,429 shares of the company’s stock valued at $4,632,000 after purchasing an additional 2,024 shares during the last quarter. Finally, Artemis Investment Management LLP raised its stake in US Foods by 18.8% during the 2nd quarter. Artemis Investment Management LLP now owns 462,137 shares of the company’s stock valued at $24,484,000 after purchasing an additional 73,014 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.