First Citizens Bank & Trust Co. Has $506,000 Stock Position in US Foods Holding Corp. (NYSE:USFD)

First Citizens Bank & Trust Co. raised its position in US Foods Holding Corp. (NYSE:USFD) by 76.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,494 shares of the company’s stock after acquiring an additional 3,252 shares during the period. First Citizens Bank & Trust Co.’s holdings in US Foods were worth $506,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Quent Capital LLC raised its holdings in US Foods by 87.6% in the 3rd quarter. Quent Capital LLC now owns 469 shares of the company’s stock valued at $29,000 after acquiring an additional 219 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of US Foods in the 3rd quarter worth approximately $31,000. Huntington National Bank raised its holdings in shares of US Foods by 332.5% in the 3rd quarter. Huntington National Bank now owns 532 shares of the company’s stock worth $33,000 after buying an additional 409 shares in the last quarter. Capital Performance Advisors LLP acquired a new position in shares of US Foods in the 3rd quarter worth approximately $34,000. Finally, First Horizon Advisors Inc. raised its holdings in shares of US Foods by 54.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock worth $35,000 after buying an additional 202 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Stock Up 1.7 %

Shares of USFD opened at $70.71 on Tuesday. The firm has a market capitalization of $16.47 billion, a price-to-earnings ratio of 30.35, a PEG ratio of 0.93 and a beta of 1.67. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19. The business’s fifty day moving average price is $68.68 and its two-hundred day moving average price is $62.38. US Foods Holding Corp. has a 52 week low of $45.15 and a 52 week high of $72.84.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on USFD shares. UBS Group increased their target price on 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 increased their target price on US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Melius Research raised US Foods to a “strong-buy” rating in a report on Wednesday, December 18th. Truist Financial increased their target price on US Foods from $74.00 to $78.00 and gave the stock a “buy” rating in a report on Thursday, January 16th. Finally, JPMorgan Chase & Co. increased their target price on US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. One research analyst has rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, US Foods currently has a consensus rating of “Buy” and a consensus price target of $68.92.

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.