Savant Capital LLC increased its holdings in shares of US Foods Holding Corp. (NYSE:USFD – Free Report) by 35.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,932 shares of the company’s stock after acquiring an additional 1,829 shares during the quarter. Savant Capital LLC’s holdings in US Foods were worth $468,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Retirement Systems of Alabama increased its holdings in shares of US Foods by 5.4% during the 3rd quarter. Retirement Systems of Alabama now owns 348,979 shares of the company’s stock worth $21,462,000 after acquiring an additional 17,897 shares during the last quarter. State Street Corp increased its holdings in shares of US Foods by 4.7% during the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company’s stock worth $433,299,000 after acquiring an additional 316,061 shares during the last quarter. Oppenheimer Asset Management Inc. increased its holdings in shares of US Foods by 121.6% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 51,452 shares of the company’s stock worth $3,164,000 after acquiring an additional 28,232 shares during the last quarter. Jag Capital Management LLC increased its holdings in shares of US Foods by 3,175.1% during the 3rd quarter. Jag Capital Management LLC now owns 169,227 shares of the company’s stock worth $10,407,000 after acquiring an additional 164,060 shares during the last quarter. Finally, Venturi Wealth Management LLC increased its holdings in shares of US Foods by 72.0% during the 3rd quarter. Venturi Wealth Management LLC now owns 657 shares of the company’s stock worth $40,000 after acquiring an additional 275 shares during the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.
US Foods Stock Performance
NYSE:USFD opened at $71.25 on Monday. The stock has a fifty day moving average price of $69.02 and a 200-day moving average price of $64.18. The company has a market cap of $16.60 billion, a price-to-earnings ratio of 30.58, a PEG 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 Holding Corp. has a fifty-two week low of $45.24 and a fifty-two week high of $73.00.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on USFD. Melius assumed coverage on US Foods in a report on Wednesday, December 18th. They set a “buy” rating and a $12.00 target price on the stock. Morgan Stanley upped their price objective on US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. Jefferies Financial Group upped their price objective on US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a report on Monday, December 16th. UBS Group upped their price objective on US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a report on Friday. Finally, JPMorgan Chase & Co. upped their price objective on US Foods from $68.00 to $69.00 and gave the company a “neutral” rating in a report on Friday, November 8th. One equities research analyst has rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $70.17.
Read Our Latest Stock Report on USFD
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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