Curi RMB Capital LLC Trims Holdings in US Foods Holding Corp. (NYSE:USFD)

Curi RMB Capital LLC lowered its position in shares of US Foods Holding Corp. (NYSE:USFD) by 7.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 215,144 shares of the company’s stock after selling 16,427 shares during the quarter. Curi RMB Capital LLC’s holdings in US Foods were worth $13,231,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of USFD. Quent Capital LLC raised its stake in US Foods by 87.6% during the 3rd quarter. Quent Capital LLC now owns 469 shares of the company’s stock valued at $29,000 after purchasing an additional 219 shares during the period. Acadian Asset Management LLC bought a new position in US Foods in the 2nd quarter worth approximately $25,000. Ashton Thomas Securities LLC purchased a new stake in US Foods during the 3rd quarter valued at approximately $31,000. Huntington National Bank raised its position in shares of US Foods by 332.5% during the third 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 purchased a new position in shares of US Foods in the third quarter worth $34,000. 98.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Jefferies Financial Group raised their target price on shares of US Foods from $66.00 to $71.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft raised their price objective on US Foods from $72.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, August 9th. Barclays boosted their target price on US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Piper Sandler increased their price target on US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a research note on Monday. Finally, Wells Fargo & Company lifted their price objective on US Foods from $66.00 to $75.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 18th. One equities research analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, US Foods has a consensus rating of “Buy” and a consensus target price of $71.09.

US Foods Trading Down 0.3 %

Shares of US Foods stock opened at $66.82 on Thursday. US Foods Holding Corp. has a 1 year low of $42.19 and a 1 year high of $68.00. 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 has a market cap of $15.56 billion, a PE ratio of 28.68, a price-to-earnings-growth ratio of 1.12 and a beta of 1.66. The firm has a fifty day moving average price of $61.72 and a 200 day moving average price of $56.59.

Insider Buying and Selling at US Foods

In related news, CFO Dirk J. Locascio sold 10,000 shares of US Foods stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $57.95, for a total value of $579,500.00. Following the completion of the transaction, the chief financial officer now owns 88,563 shares in the company, valued at $5,132,225.85. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.70% of the stock is currently owned by corporate insiders.

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.