B. Metzler seel. Sohn & Co. AG grew its position in shares of US Foods Holding Corp. (NYSE:USFD – Free Report) by 24.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 111,688 shares of the company’s stock after buying an additional 22,236 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in US Foods were worth $7,534,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. EverSource Wealth Advisors LLC grew its position in US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $32,000 after buying an additional 178 shares during the period. R Squared Ltd purchased a new position in US Foods in the fourth quarter valued at about $34,000. Smartleaf Asset Management LLC grew its position in shares of US Foods by 50.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 727 shares of the company’s stock valued at $49,000 after acquiring an additional 243 shares during the period. J.Safra Asset Management Corp increased its stake in shares of US Foods by 38.5% during the 4th quarter. J.Safra Asset Management Corp now owns 806 shares of the company’s stock worth $55,000 after purchasing an additional 224 shares during the last quarter. Finally, Versant Capital Management Inc raised its holdings in shares of US Foods by 112.2% in the 4th quarter. Versant Capital Management Inc now owns 855 shares of the company’s stock worth $58,000 after purchasing an additional 452 shares during the period. Hedge funds and other institutional investors own 98.76% of the company’s stock.
US Foods Trading Up 1.5 %
Shares of USFD stock opened at $65.48 on Tuesday. The business has a 50-day moving average price of $68.56 and a two-hundred day moving average price of $66.55. US Foods Holding Corp. has a 12-month low of $49.65 and a 12-month high of $73.19. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. The firm has a market cap of $15.09 billion, a P/E ratio of 32.42, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on USFD. Morgan Stanley increased their price target on US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 21st. Barclays lifted their target price on shares of US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. UBS Group upped their price target on shares of US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, February 14th. Piper Sandler lifted their price objective on shares of US Foods from $75.00 to $77.00 and gave the company an “overweight” rating in a research note on Tuesday, February 18th. Finally, Melius started coverage on US Foods in a research report on Wednesday, December 18th. They set a “buy” rating and a $12.00 target price on the stock. One equities research analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, US Foods has a consensus rating of “Buy” and an average price target of $71.09.
View Our Latest Stock Analysis on US Foods
Insider Activity
In related news, Director David W. Bullock bought 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was bought at an average price of $71.06 per share, with a total value of $284,240.00. Following the purchase, the director now owns 4,500 shares in the company, valued at approximately $319,770. The trade was a 800.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. 0.70% of the stock is 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.
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