Stifel Financial Corp Boosts Position in US Foods Holding Corp. (NYSE:USFD)

Stifel Financial Corp increased its holdings in US Foods Holding Corp. (NYSE:USFD) by 38.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,457 shares of the company’s stock after acquiring an additional 3,734 shares during the quarter. Stifel Financial Corp’s holdings in US Foods were worth $828,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Quantinno Capital Management LP lifted its position in shares of US Foods by 37.5% in the 3rd quarter. Quantinno Capital Management LP now owns 113,116 shares of the company’s stock worth $6,957,000 after purchasing an additional 30,845 shares during the period. Quarry LP bought a new position in US Foods in the third quarter worth about $130,000. Redwood Investment Management LLC lifted its holdings in US Foods by 4.1% in the third quarter. Redwood Investment Management LLC now owns 27,205 shares of the company’s stock worth $1,637,000 after buying an additional 1,066 shares during the period. Jacobs Levy Equity Management Inc. bought a new stake in US Foods during the 3rd quarter valued at approximately $5,446,000. Finally, HighTower Advisors LLC grew its holdings in shares of US Foods by 16.8% during the 3rd quarter. HighTower Advisors LLC now owns 23,419 shares of the company’s stock worth $1,442,000 after acquiring an additional 3,368 shares during the period. Institutional investors own 98.76% of the company’s stock.

US Foods Stock Performance

USFD stock opened at $68.77 on Wednesday. The stock has a market capitalization of $16.02 billion, a PE ratio of 29.52, a price-to-earnings-growth ratio of 1.15 and a beta of 1.68. The stock’s 50 day simple moving average is $66.32 and its 200 day simple moving average is $59.69. US Foods Holding Corp. has a 12-month low of $44.81 and a 12-month high of $72.84. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on USFD shares. UBS Group raised 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. Truist Financial boosted their target price on shares of US Foods from $66.00 to $74.00 and gave the company a “buy” rating in a report on Friday, November 8th. Melius Research upgraded shares of US Foods to a “strong-buy” rating in a research note on Wednesday, December 18th. JPMorgan Chase & Co. boosted their price objective on shares of US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Finally, StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 10th. One equities research analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, US Foods has an average rating of “Buy” and a consensus target price of $67.08.

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.