US Foods Holding Corp. (NYSE:USFD) Shares Acquired by Quest Partners LLC

Quest Partners LLC lifted its holdings in US Foods Holding Corp. (NYSE:USFD) by 537.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,201 shares of the company’s stock after buying an additional 25,461 shares during the quarter. Quest Partners LLC’s holdings in US Foods were worth $1,857,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of US Foods by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 23,019,003 shares of the company’s stock valued at $1,242,336,000 after acquiring an additional 796,434 shares during the period. Boston Partners boosted its position in US Foods by 3.5% during the first quarter. Boston Partners now owns 16,527,901 shares of the company’s stock worth $891,073,000 after purchasing an additional 566,277 shares in the last quarter. Victory Capital Management Inc. grew its holdings in US Foods by 5.1% in the second quarter. Victory Capital Management Inc. now owns 10,383,374 shares of the company’s stock valued at $550,111,000 after purchasing an additional 500,129 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of US Foods by 46.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,550,945 shares of the company’s stock valued at $347,069,000 after buying an additional 2,064,321 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of US Foods by 14.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,528,776 shares of the company’s stock worth $239,940,000 after buying an additional 567,601 shares during the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on USFD shares. Truist Financial raised 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. StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 10th. Wells Fargo & Company upped their target price on US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a research note on Wednesday, September 18th. 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 report on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft upped 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. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $71.09.

US Foods Stock Up 1.1 %

Shares of NYSE:USFD opened at $65.37 on Tuesday. US Foods Holding Corp. has a 12-month low of $42.19 and a 12-month high of $68.00. The stock’s 50-day moving average price is $62.02 and its two-hundred day moving average price is $56.83. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. The firm has a market cap of $15.23 billion, a price-to-earnings ratio of 28.06, a PEG ratio of 1.07 and a beta of 1.66.

Insider Buying and Selling

In related news, CFO Dirk J. Locascio sold 10,000 shares of US Foods stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $57.95, for a total value of $579,500.00. Following the transaction, the chief financial officer now owns 88,563 shares in the company, valued at approximately $5,132,225.85. This trade represents a 10.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.70% of the company’s stock.

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.