US Foods Holding Corp. (NYSE:USFD) Sees Large Decrease in Short Interest

US Foods Holding Corp. (NYSE:USFD) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 3,110,000 shares, a decline of 28.0% from the December 15th total of 4,320,000 shares. Based on an average daily volume of 1,740,000 shares, the short-interest ratio is presently 1.8 days.

US Foods Price Performance

USFD stock traded up $0.26 during mid-day trading on Friday, reaching $68.34. 298,703 shares of the company traded hands, compared to its average volume of 1,420,801. The company has a fifty day moving average price of $68.28 and a 200-day moving average price of $61.40. The company has a market capitalization of $15.92 billion, a P/E ratio of 29.33, a P/E/G ratio of 0.91 and a beta of 1.67. US Foods has a 52-week low of $44.81 and a 52-week high of $72.84. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72.

Institutional Trading of US Foods

A number of hedge funds have recently bought and sold shares of the company. Dakota Wealth Management raised its holdings in US Foods by 17.0% in the 4th quarter. Dakota Wealth Management now owns 3,899 shares of the company’s stock worth $263,000 after purchasing an additional 566 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in US Foods by 75.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 77,945 shares of the company’s stock worth $5,258,000 after acquiring an additional 33,520 shares during the last quarter. Sheets Smith Wealth Management lifted its holdings in shares of US Foods by 39.5% during the fourth quarter. Sheets Smith Wealth Management now owns 8,558 shares of the company’s stock valued at $577,000 after purchasing an additional 2,424 shares in the last quarter. Oxinas Partners Wealth Management LLC purchased a new stake in shares of US Foods during the 4th quarter valued at about $201,000. Finally, Atomi Financial Group Inc. boosted its holdings in shares of US Foods by 6.0% during the 4th quarter. Atomi Financial Group Inc. now owns 4,928 shares of the company’s stock valued at $332,000 after acquiring an additional 277 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on USFD shares. Truist Financial lifted their price target on shares of US Foods from $74.00 to $78.00 and gave the stock a “buy” rating in a report on Thursday. UBS Group lifted their price target on shares of US Foods from $67.00 to $77.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Jefferies Financial Group boosted their target price on shares of US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Barclays boosted their target price on shares of US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Finally, JPMorgan Chase & Co. boosted their target price on shares of US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. One 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’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $67.42.

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.