Analysts Set US Foods Holding Corp. (NYSE:USFD) PT at $69.82

Shares of US Foods Holding Corp. (NYSE:USFD) have been given a consensus rating of “Moderate Buy” by the eleven ratings firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $71.09.

A number of equities analysts have weighed in on USFD shares. Wells Fargo & Company lifted their price target 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. Piper Sandler lifted their target price on US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a report on Monday. Truist Financial boosted their price target on US Foods from $66.00 to $74.00 and gave the company a “buy” rating in a research report on Friday. JPMorgan Chase & Co. raised their price objective on US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a report on Friday. Finally, Barclays boosted their target price on US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a report on Friday.

US Foods Trading Up 0.9 %

Shares of USFD opened at $67.49 on Friday. US Foods has a fifty-two week low of $42.02 and a fifty-two week high of $68.00. The stock has a fifty day moving average of $61.39 and a two-hundred day moving average of $56.40. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.81 and a current ratio of 1.19. The company has a market capitalization of $16.51 billion, a PE ratio of 28.97, a price-to-earnings-growth ratio of 1.10 and a beta of 1.66.

Insiders Place Their Bets

In related news, CFO Dirk J. Locascio sold 10,000 shares of the business’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $57.95, for a total transaction of $579,500.00. Following the completion of the sale, the chief financial officer now owns 88,563 shares of the company’s stock, valued at $5,132,225.85. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.70% of the stock is currently owned by corporate insiders.

Institutional Trading of US Foods

A number of large investors have recently modified their holdings of USFD. Lord Abbett & CO. LLC acquired a new stake in US Foods in the 1st quarter valued at approximately $22,937,000. Janus Henderson Group PLC raised its stake in shares of US Foods by 46.3% during the first quarter. Janus Henderson Group PLC now owns 162,338 shares of the company’s stock valued at $8,759,000 after purchasing an additional 51,402 shares in the last quarter. Entropy Technologies LP acquired a new stake in US Foods in the first quarter worth about $232,000. Vanguard Group Inc. grew its position in US Foods by 3.6% in the 1st quarter. Vanguard Group Inc. now owns 23,019,003 shares of the company’s stock valued at $1,242,336,000 after buying an additional 796,434 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in US Foods by 6.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 162,128 shares of the company’s stock valued at $8,751,000 after buying an additional 9,652 shares during the period. Institutional investors and hedge funds own 98.76% of the company’s stock.

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.