Thrivent Financial for Lutherans Buys 2,800 Shares of US Foods Holding Corp. (NYSE:USFD)

Thrivent Financial for Lutherans increased its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 2.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 99,066 shares of the company’s stock after acquiring an additional 2,800 shares during the period. Thrivent Financial for Lutherans’ holdings in US Foods were worth $6,092,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of USFD. Quent Capital LLC boosted its holdings in shares of 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 buying an additional 219 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in US Foods in the second quarter valued at $25,000. Ashton Thomas Securities LLC bought a new position in shares of US Foods in the 3rd quarter valued at about $31,000. Huntington National Bank increased its stake in shares of US Foods by 332.5% during the 3rd quarter. Huntington National Bank now owns 532 shares of the company’s stock worth $33,000 after purchasing an additional 409 shares during the last quarter. Finally, Capital Performance Advisors LLP bought a new stake in shares of US Foods in the 3rd quarter valued at about $34,000. 98.76% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Dirk J. Locascio sold 10,000 shares of US Foods stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $57.95, for a total transaction of $579,500.00. Following the sale, the chief financial officer now directly 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 position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.70% of the company’s stock.

US Foods Stock Up 2.2 %

Shares of USFD opened at $69.43 on Friday. The firm has a 50 day simple moving average of $62.91 and a two-hundred day simple moving average of $57.30. The company has a market cap of $16.17 billion, a P/E ratio of 29.80, a P/E/G ratio of 1.12 and a beta of 1.66. US Foods Holding Corp. has a one year low of $42.80 and a one year high of $69.69. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72.

Wall Street Analyst Weigh In

USFD has been the topic of a number of recent analyst reports. Barclays boosted their price target on US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Jefferies Financial Group increased their price target on US Foods from $66.00 to $71.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of US Foods from $72.00 to $75.00 and gave the stock a “buy” rating in a research report on Friday, August 9th. JPMorgan Chase & Co. increased their price objective on shares of US Foods from $68.00 to $69.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Finally, Wells Fargo & Company upped their price target on shares of US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a research note on Wednesday, September 18th. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $71.09.

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.