Thompson Siegel & Walmsley LLC Cuts Stake in US Foods Holding Corp. (NYSE:USFD)

Thompson Siegel & Walmsley LLC cut its holdings in US Foods Holding Corp. (NYSE:USFD) by 7.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,002,287 shares of the company’s stock after selling 82,432 shares during the quarter. Thompson Siegel & Walmsley LLC owned approximately 0.41% of US Foods worth $61,641,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in USFD. Russell Investments Group Ltd. increased its holdings in shares of US Foods by 3.6% in the 1st quarter. Russell Investments Group Ltd. now owns 59,418 shares of the company’s stock valued at $3,208,000 after acquiring an additional 2,039 shares during the period. US Bancorp DE lifted its position in shares of US Foods by 3.8% during the first quarter. US Bancorp DE now owns 9,355 shares of the company’s stock valued at $505,000 after buying an additional 344 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its position in shares of US Foods by 29.3% during the first quarter. O Shaughnessy Asset Management LLC now owns 7,946 shares of the company’s stock valued at $429,000 after buying an additional 1,800 shares during the last quarter. Shell Asset Management Co. grew its position in shares of US Foods by 4.0% in the 1st quarter. Shell Asset Management Co. now owns 13,857 shares of the company’s stock worth $748,000 after buying an additional 527 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its stake in shares of US Foods by 55.7% during the 1st quarter. Advisors Asset Management Inc. now owns 10,122 shares of the company’s stock worth $546,000 after acquiring an additional 3,622 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

USFD has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their target price on shares of US Foods from $68.00 to $69.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 10th. Jefferies Financial Group increased their price target on 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 target on US Foods from $72.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, August 9th. Finally, Wells Fargo & Company upped their price objective on shares of US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a report on Wednesday, September 18th. One 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’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $71.09.

Insider Activity

In related news, CFO Dirk J. Locascio sold 10,000 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were 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 directly owns 88,563 shares in the company, valued at $5,132,225.85. The trade was a 10.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.70% of the company’s stock.

US Foods Stock Up 0.1 %

NYSE:USFD opened at $66.56 on Thursday. The firm has a market capitalization of $15.50 billion, a P/E ratio of 28.57, a PEG ratio of 1.10 and a beta of 1.66. The company’s fifty day moving average price is $62.37 and its 200-day moving average price is $57.04. 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.

About US Foods

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.