US Foods Holding Corp. (NYSE:USFD) Shares Sold by Raymond James Trust N.A.

Raymond James Trust N.A. decreased its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 44.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,499 shares of the company’s stock after selling 11,640 shares during the quarter. Raymond James Trust N.A.’s holdings in US Foods were worth $892,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of USFD. O Shaughnessy Asset Management LLC grew its position in US Foods by 29.3% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 7,946 shares of the company’s stock worth $429,000 after purchasing an additional 1,800 shares during the last quarter. Advisors Asset Management Inc. grew its position in US Foods by 55.7% in the 1st quarter. Advisors Asset Management Inc. now owns 10,122 shares of the company’s stock worth $546,000 after purchasing an additional 3,622 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in US Foods by 6.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 162,128 shares of the company’s stock worth $8,751,000 after purchasing an additional 9,652 shares during the last quarter. Mount Yale Investment Advisors LLC grew its position in US Foods by 2.8% in the 1st quarter. Mount Yale Investment Advisors LLC now owns 10,634 shares of the company’s stock worth $574,000 after purchasing an additional 286 shares during the last quarter. Finally, Janus Henderson Group PLC grew its position in US Foods by 46.3% in the 1st quarter. Janus Henderson Group PLC now owns 162,338 shares of the company’s stock worth $8,759,000 after purchasing an additional 51,402 shares during the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

Insider Activity at US Foods

In related news, CFO Dirk J. Locascio sold 10,000 shares of the company’s stock in a transaction that occurred 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 sale, the chief financial officer now owns 88,563 shares in the company, valued at approximately $5,132,225.85. This represents a 10.15 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.70% of the stock is owned by insiders.

US Foods Stock Up 2.2 %

Shares of NYSE:USFD opened at $69.43 on Monday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19. The company has a market cap of $16.17 billion, a PE ratio of 29.80, a price-to-earnings-growth ratio of 1.15 and a beta of 1.66. US Foods Holding Corp. has a 52 week low of $42.80 and a 52 week high of $69.69. The firm has a 50 day simple moving average of $62.91 and a 200 day simple moving average of $57.33.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. StockNews.com upgraded shares of US Foods from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 10th. Barclays increased their price objective on shares of US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a report on Friday, November 8th. JPMorgan Chase & Co. increased their price objective on shares of US Foods from $68.00 to $69.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Wells Fargo & Company increased 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. Finally, Piper Sandler increased their price objective on shares of US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a report on Monday, November 11th. One equities research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $71.09.

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.