Capital Performance Advisors LLP Invests $34,000 in US Foods Holding Corp. (NYSE:USFD)

Capital Performance Advisors LLP acquired a new stake in shares of US Foods Holding Corp. (NYSE:USFD) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 553 shares of the company’s stock, valued at approximately $34,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of USFD. Acadian Asset Management LLC bought a new position in US Foods during the 2nd quarter worth $25,000. Quent Capital LLC raised its position in shares of US Foods by 87.6% during the third quarter. Quent Capital LLC now owns 469 shares of the company’s stock worth $29,000 after acquiring an additional 219 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of US Foods in the second quarter worth approximately $30,000. UMB Bank n.a. boosted its holdings in US Foods by 364.0% in the third quarter. UMB Bank n.a. now owns 631 shares of the company’s stock valued at $39,000 after acquiring an additional 495 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new stake in US Foods during the 1st quarter valued at approximately $50,000. Institutional investors own 98.76% of the company’s stock.

Insider Buying and Selling

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, September 12th. The stock was 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 directly owns 88,563 shares of the company’s stock, valued at approximately $5,132,225.85. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.70% of the stock is currently owned by company insiders.

US Foods Stock Performance

USFD opened at $67.49 on Tuesday. The company has a market cap of $16.51 billion, a price-to-earnings ratio of 28.97, a PEG ratio of 1.10 and a beta of 1.66. The company’s fifty day moving average price is $61.39 and its two-hundred day moving average price is $56.40. US Foods Holding Corp. has a 1-year low of $42.02 and a 1-year high of $68.00. The company has a current ratio of 1.19, a quick ratio of 0.81 and a debt-to-equity ratio of 1.01.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Barclays increased their price objective on shares of US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a research report on Friday. Jefferies Financial Group lifted their price objective on US Foods from $66.00 to $71.00 and gave the stock a “buy” rating in a research report on Wednesday, September 25th. UBS Group upped their target price on US Foods from $67.00 to $77.00 and gave the company a “buy” rating in a research report on Friday. JPMorgan Chase & Co. lifted their target price on US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a report on Friday. Finally, Truist Financial increased their price target on US Foods from $66.00 to $74.00 and gave the stock a “buy” rating in a report on Friday. One equities research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $71.09.

US Foods Company 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.