Eurizon Capital SGR S.p.A. acquired a new stake in shares of US Foods Holding Corp. (NYSE:USFD – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 32,227 shares of the company’s stock, valued at approximately $2,428,000.
Several other institutional investors have also added to or reduced their stakes in the company. Choreo LLC raised its position in US Foods by 2.4% during the fourth quarter. Choreo LLC now owns 5,707 shares of the company’s stock valued at $433,000 after purchasing an additional 133 shares in the last quarter. Crossmark Global Holdings Inc. raised its position in US Foods by 0.7% during the fourth quarter. Crossmark Global Holdings Inc. now owns 18,357 shares of the company’s stock valued at $1,383,000 after purchasing an additional 134 shares in the last quarter. Fifth Third Bancorp raised its position in US Foods by 6.5% during the fourth quarter. Fifth Third Bancorp now owns 2,847 shares of the company’s stock valued at $214,000 after purchasing an additional 173 shares in the last quarter. Benjamin Edwards Inc. raised its position in US Foods by 3.3% during the second quarter. Benjamin Edwards Inc. now owns 5,854 shares of the company’s stock valued at $451,000 after purchasing an additional 185 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in US Foods by 3.7% during the fourth quarter. GAMMA Investing LLC now owns 5,506 shares of the company’s stock valued at $415,000 after purchasing an additional 197 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.
US Foods Stock Performance
Shares of US Foods stock opened at $80.65 on Wednesday. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.16. US Foods Holding Corp. has a twelve month low of $69.88 and a twelve month high of $102.13. The stock has a market cap of $17.76 billion, a price-to-earnings ratio of 27.15, a P/E/G ratio of 1.02 and a beta of 0.83. The company’s fifty day moving average is $88.23 and its 200 day moving average is $84.96.
Analysts Set New Price Targets
USFD has been the subject of several research analyst reports. Wall Street Zen downgraded shares of US Foods from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Sanford C. Bernstein reiterated an “outperform” rating and set a $106.00 price target on shares of US Foods in a report on Friday, February 13th. Deutsche Bank Aktiengesellschaft set a $111.00 price target on shares of US Foods and gave the stock a “buy” rating in a report on Friday, February 13th. Guggenheim upped their price target on shares of US Foods from $95.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Finally, Barclays upped their price target on shares of US Foods from $90.00 to $104.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, US Foods presently has an average rating of “Moderate Buy” and an average price target of $105.50.
Read Our Latest Stock Report on USFD
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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