Segall Bryant & Hamill LLC acquired a new stake in US Foods Holding Corp. (NYSE:USFD – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 112,042 shares of the company’s stock, valued at approximately $7,558,000.
A number of other institutional investors and hedge funds have also made changes to their positions in USFD. EverSource Wealth Advisors LLC raised its stake in US Foods by 59.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $32,000 after acquiring an additional 178 shares during the last quarter. R Squared Ltd acquired a new position in shares of US Foods in the fourth quarter valued at approximately $34,000. Smartleaf Asset Management LLC raised its stake in shares of US Foods by 50.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 727 shares of the company’s stock worth $49,000 after purchasing an additional 243 shares during the last quarter. J.Safra Asset Management Corp lifted its holdings in shares of US Foods by 38.5% during the fourth 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 period. Finally, Versant Capital Management Inc grew its position in US Foods by 112.2% in the 4th quarter. Versant Capital Management Inc now owns 855 shares of the company’s stock valued at $58,000 after buying an additional 452 shares during the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.
US Foods Stock Up 0.7 %
US Foods stock opened at $65.63 on Thursday. The firm has a market capitalization of $15.12 billion, a price-to-earnings ratio of 32.49, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. US Foods Holding Corp. has a fifty-two week low of $49.65 and a fifty-two week high of $73.19. The stock’s fifty day moving average is $68.75 and its two-hundred day moving average is $66.34.
Insider Buying and Selling
In related news, Director David W. Bullock bought 4,000 shares of the stock in a transaction on Tuesday, February 18th. The shares were purchased at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the acquisition, the director now owns 4,500 shares in the company, valued at $319,770. This represents a 800.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.70% of the company’s stock.
Wall Street Analyst Weigh In
USFD has been the subject of several recent analyst reports. Melius Research upgraded shares of US Foods to a “strong-buy” rating in a research note on Wednesday, December 18th. Truist Financial lifted their price objective on US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a report on Friday, February 14th. Morgan Stanley boosted their target price on US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. StockNews.com cut US Foods from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Finally, Barclays upped their price objective on US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. One investment analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $71.09.
Read Our Latest Analysis on US Foods
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.
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