OneDigital Investment Advisors LLC acquired a new position in US Foods Holding Corp. (NYSE:USFD – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 5,558 shares of the company’s stock, valued at approximately $568,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Orion Porfolio Solutions LLC grew its stake in US Foods by 1.4% during the fourth quarter. Orion Porfolio Solutions LLC now owns 7,108 shares of the company’s stock worth $535,000 after purchasing an additional 101 shares during the period. Crossmark Global Holdings Inc. grew its position in shares of US Foods by 0.7% during the 4th quarter. Crossmark Global Holdings Inc. now owns 18,357 shares of the company’s stock worth $1,383,000 after buying an additional 134 shares during the period. Root Financial Partners LLC grew its position in shares of US Foods by 22.4% during the 4th quarter. Root Financial Partners LLC now owns 840 shares of the company’s stock worth $63,000 after buying an additional 154 shares during the period. Brooklyn Investment Group increased its stake in shares of US Foods by 0.9% in the 4th quarter. Brooklyn Investment Group now owns 18,469 shares of the company’s stock valued at $1,413,000 after acquiring an additional 157 shares in the last quarter. Finally, Fifth Third Bancorp increased its stake in shares of US Foods by 6.5% in the 4th quarter. Fifth Third Bancorp now owns 2,847 shares of the company’s stock valued at $214,000 after acquiring an additional 173 shares in the last quarter. Institutional investors own 98.76% of the company’s stock.
US Foods Price Performance
USFD opened at $107.06 on Wednesday. US Foods Holding Corp. has a 1 year low of $69.88 and a 1 year high of $111.42. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.14 and a quick ratio of 0.70. The company has a market capitalization of $23.16 billion, a price-to-earnings ratio of 32.94, a P/E/G ratio of 1.40 and a beta of 0.81. The firm’s fifty day moving average price is $99.95 and its two-hundred day moving average price is $93.29.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on USFD. Weiss Ratings reissued a “buy (b)” rating on shares of US Foods in a research note on Wednesday, July 29th. JPMorgan Chase & Co. decreased their price target on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Wall Street Zen upgraded shares of US Foods from a “hold” rating to a “buy” rating in a report on Saturday. Zacks Research upgraded shares of US Foods from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 28th. Finally, Piper Sandler increased their price objective on shares of US Foods from $88.00 to $108.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 12th. Eleven investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, US Foods presently has a consensus rating of “Moderate Buy” and an average target price of $113.92.
Check Out Our Latest Stock Analysis on US Foods
Insider Buying and Selling
In other US Foods news, insider Randy J. Taylor sold 11,630 shares of the business’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $110.37, for a total value of $1,283,603.10. Following the transaction, the insider owned 73,618 shares of the company’s stock, valued at approximately $8,125,218.66. The trade was a 13.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider William Spencer Hancock sold 21,754 shares of the company’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $108.29, for a total value of $2,355,740.66. Following the completion of the transaction, the insider owned 101,144 shares of the company’s stock, valued at $10,952,883.76. This trade represents a 17.70% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.74% of the company’s stock.
About US Foods
US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.
Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.
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Want to see what other hedge funds are holding USFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for US Foods Holding Corp. (NYSE:USFD – Free Report).
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