Choreo LLC lessened its position in US Foods Holding Corp. (NYSE:USFD – Free Report) by 14.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 5,622 shares of the company’s stock after selling 945 shares during the period. Choreo LLC’s holdings in US Foods were worth $380,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in USFD. Sanctuary Advisors LLC purchased a new stake in shares of US Foods during the 2nd quarter worth approximately $353,000. CWM LLC boosted its position in US Foods by 80.7% during the third quarter. CWM LLC now owns 7,388 shares of the company’s stock worth $454,000 after purchasing an additional 3,300 shares in the last quarter. Creative Planning grew its holdings in US Foods by 13.5% in the third quarter. Creative Planning now owns 12,978 shares of the company’s stock valued at $798,000 after purchasing an additional 1,547 shares during the last quarter. Aaron Wealth Advisors LLC purchased a new position in shares of US Foods in the third quarter valued at $230,000. Finally, First Citizens Bank & Trust Co. acquired a new position in shares of US Foods during the 3rd quarter worth $261,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of brokerages have recently commented on USFD. Jefferies Financial Group lifted their price target on shares of US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a report on Monday, December 16th. UBS Group upped their target price on US Foods from $67.00 to $77.00 and gave the company a “buy” rating in a research note on Friday, November 8th. JPMorgan Chase & Co. raised their price target on US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Melius assumed coverage on US Foods in a report on Wednesday, December 18th. They issued a “buy” rating and a $12.00 price target for the company. Finally, Piper Sandler boosted their target price on shares of 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 given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, US Foods presently has a consensus rating of “Buy” and an average price target of $68.92.
US Foods Stock Down 0.1 %
Shares of USFD stock opened at $69.62 on Thursday. The business’s fifty day moving average is $69.06 and its 200-day moving average is $63.87. US Foods Holding Corp. has a 1 year low of $45.24 and a 1 year high of $73.00. The stock has a market cap of $16.22 billion, a PE ratio of 29.88, a price-to-earnings-growth ratio of 0.95 and a beta of 1.67. 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 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.
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