US Foods Holding Corp. (NYSE:USFD) Shares Sold by Integrated Investment Consultants LLC

Integrated Investment Consultants LLC lowered its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 11.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 3,900 shares of the company’s stock after selling 500 shares during the quarter. Integrated Investment Consultants LLC’s holdings in US Foods were worth $240,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Acadian Asset Management LLC acquired a new position in US Foods during the 2nd quarter valued at approximately $25,000. Quent Capital LLC raised its stake in US Foods by 87.6% in the 3rd quarter. Quent Capital LLC now owns 469 shares of the company’s stock worth $29,000 after acquiring an additional 219 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in US Foods during the 2nd quarter worth about $30,000. Ashton Thomas Securities LLC acquired a new stake in US Foods during the 3rd quarter worth about $31,000. Finally, Huntington National Bank grew its stake in US Foods by 332.5% during the 3rd 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 owned by hedge funds and other institutional investors.

US Foods Price Performance

Shares of USFD stock opened at $69.44 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72. The company has a market capitalization of $16.18 billion, a PE ratio of 29.80, a price-to-earnings-growth ratio of 1.12 and a beta of 1.66. The firm’s 50-day moving average is $62.72 and its two-hundred day moving average is $57.18. US Foods Holding Corp. has a 12 month low of $42.80 and a 12 month high of $69.69.

Insider Activity

In other news, CFO Dirk J. Locascio sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $57.95, for a total value of $579,500.00. Following the transaction, the chief financial officer now directly owns 88,563 shares in the company, valued at approximately $5,132,225.85. This represents a 10.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Piper Sandler lifted their target price on US Foods from $61.00 to $75.00 and gave the stock an “overweight” rating in a report on Monday, November 11th. 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. UBS Group raised their target price on shares of US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Jefferies Financial Group upped their price target on shares of US Foods from $66.00 to $71.00 and gave the company a “buy” rating in a report on Wednesday, September 25th. Finally, Wells Fargo & Company lifted their price objective on US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a research note on Wednesday, September 18th. One equities research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $71.09.

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.