US Foods Holding Corp. (NYSE:USFD) Shares Sold by Canandaigua National Bank & Trust Co.

Canandaigua National Bank & Trust Co. lessened its stake in US Foods Holding Corp. (NYSE:USFD) by 5.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,761 shares of the company’s stock after selling 201 shares during the period. Canandaigua National Bank & Trust Co.’s holdings in US Foods were worth $254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in USFD. Public Sector Pension Investment Board boosted its stake in US Foods by 100.2% during the 3rd quarter. Public Sector Pension Investment Board now owns 6,000 shares of the company’s stock worth $369,000 after purchasing an additional 2,500,000 shares during the period. Wellington Management Group LLP boosted its stake in shares of US Foods by 25.2% during the third quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock worth $744,548,000 after buying an additional 2,435,357 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in shares of US Foods by 46.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 6,550,945 shares of the company’s stock worth $347,069,000 after buying an additional 2,064,321 shares during the last quarter. Congress Asset Management Co. acquired a new position in US Foods in the 3rd quarter valued at about $121,196,000. Finally, Interval Partners LP raised its stake in US Foods by 371.2% during the 2nd quarter. Interval Partners LP now owns 1,866,842 shares of the company’s stock valued at $98,905,000 after acquiring an additional 1,470,630 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Price Performance

Shares of NYSE USFD opened at $67.29 on Wednesday. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. The stock has a market cap of $15.67 billion, a price-to-earnings ratio of 28.88, a PEG ratio of 1.15 and a beta of 1.67. The company’s 50-day moving average price is $67.67 and its 200 day moving average price is $60.83. US Foods Holding Corp. has a 52 week low of $44.81 and a 52 week high of $72.84.

Analyst Upgrades and Downgrades

USFD has been the topic of several analyst reports. Piper Sandler lifted their target price on US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a research note on Monday, November 11th. Jefferies Financial Group boosted their price objective on shares of US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a research note on Monday, December 16th. 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 research note on Friday, November 8th. JPMorgan Chase & Co. boosted their price target on shares of US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Finally, Melius Research upgraded shares of US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. One research analyst has rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, US Foods has an average rating of “Buy” and a consensus price target of $67.08.

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.