iSAM Funds UK Ltd Takes Position in US Foods Holding Corp. (NYSE:USFD)

iSAM Funds UK Ltd bought a new position in shares of US Foods Holding Corp. (NYSE:USFD) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 11,613 shares of the company’s stock, valued at approximately $714,000.

Other institutional investors have also added to or reduced their stakes in the company. Acadian Asset Management LLC acquired a new position in US Foods during the second quarter worth $25,000. Quent Capital LLC increased its holdings in US Foods by 87.6% during the third quarter. Quent Capital LLC now owns 469 shares of the company’s stock worth $29,000 after buying an additional 219 shares during the last quarter. International Assets Investment Management LLC acquired a new position in US Foods during the second quarter worth $30,000. Ashton Thomas Securities LLC acquired a new position in shares of US Foods in the third quarter valued at $31,000. Finally, Huntington National Bank increased its holdings in shares of US Foods by 332.5% in the third quarter. Huntington National Bank now owns 532 shares of the company’s stock valued at $33,000 after purchasing an additional 409 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Trading Down 0.5 %

USFD opened at $71.99 on Friday. US Foods Holding Corp. has a twelve month low of $43.24 and a twelve month high of $72.84. The company has a 50-day simple moving average of $64.72 and a 200 day simple moving average of $58.43. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01. The stock has a market capitalization of $16.77 billion, a price-to-earnings ratio of 30.90, a P/E/G ratio of 1.19 and a beta of 1.68.

Analyst Upgrades and Downgrades

Several equities analysts have commented on USFD shares. Barclays upped 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. Wells Fargo & Company upped 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. JPMorgan Chase & Co. upped 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. Truist Financial upped their price objective on shares of US Foods from $66.00 to $74.00 and gave the company a “buy” rating in a report on Friday, November 8th. Finally, UBS Group boosted their target price on shares of US Foods from $67.00 to $77.00 and gave the company a “buy” rating in a research report on Friday, November 8th. One investment analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $71.09.

Insider Buying and Selling

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of the business’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $57.95, for a total transaction of $579,500.00. Following the completion of the transaction, the chief financial officer now owns 88,563 shares of the company’s stock, valued at approximately $5,132,225.85. The trade was a 10.15 % decrease in their ownership of the stock. 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 currently owned by company insiders.

US Foods Company 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.