Dakota Wealth Management Has $263,000 Position in US Foods Holding Corp. (NYSE:USFD)

Dakota Wealth Management raised its holdings in US Foods Holding Corp. (NYSE:USFDFree Report) by 17.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 3,899 shares of the company’s stock after acquiring an additional 566 shares during the quarter. Dakota Wealth Management’s holdings in US Foods were worth $263,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. AQR Capital Management LLC increased its stake in shares of US Foods by 17.4% during the 2nd quarter. AQR Capital Management LLC now owns 407,096 shares of the company’s stock worth $21,568,000 after purchasing an additional 60,395 shares during the last quarter. Algert Global LLC increased its stake in shares of US Foods by 953.4% during the 2nd quarter. Algert Global LLC now owns 97,862 shares of the company’s stock worth $5,185,000 after purchasing an additional 88,572 shares during the last quarter. Nemes Rush Group LLC acquired a new position in shares of US Foods during the 2nd quarter worth about $120,000. Creative Planning increased its stake in shares of US Foods by 17.8% during the 2nd quarter. Creative Planning now owns 11,431 shares of the company’s stock worth $606,000 after purchasing an additional 1,727 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of US Foods by 30.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,866 shares of the company’s stock worth $99,000 after purchasing an additional 440 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Stock Performance

NYSE USFD opened at $69.40 on Monday. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $16.17 billion, a P/E ratio of 29.79, a P/E/G ratio of 0.93 and a beta of 1.67. US Foods Holding Corp. has a 12-month low of $44.83 and a 12-month high of $72.84. The firm has a 50-day moving average price of $68.58 and a two-hundred day moving average price of $62.25.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on USFD. JPMorgan Chase & Co. boosted their price objective 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. Jefferies Financial Group upped their price target 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. StockNews.com upgraded shares of US Foods from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 10th. Melius Research upgraded shares of US Foods to a “strong-buy” rating in a research note on Wednesday, December 18th. Finally, Melius initiated coverage on shares of US Foods in a research note on Wednesday, December 18th. They issued a “buy” rating and a $12.00 price target on the stock. One research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, US Foods currently has a consensus rating of “Buy” and an average price target of $68.92.

Read Our Latest Stock Report on US Foods

US Foods Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for US Foods (NYSE:USFD)

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