Stifel Financial Corp Buys 3,734 Shares of US Foods Holding Corp. (NYSE:USFD)

Stifel Financial Corp boosted its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 38.4% during the third quarter, Holdings Channel reports. The firm owned 13,457 shares of the company’s stock after purchasing an additional 3,734 shares during the quarter. Stifel Financial Corp’s holdings in US Foods were worth $828,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in USFD. Victory Capital Management Inc. grew its stake in shares of US Foods by 5.1% during the 2nd quarter. Victory Capital Management Inc. now owns 10,383,374 shares of the company’s stock valued at $550,111,000 after purchasing an additional 500,129 shares during the period. Massachusetts Financial Services Co. MA grew its position in US Foods by 4.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 6,841,961 shares of the company’s stock valued at $420,781,000 after buying an additional 291,016 shares during the period. Dimensional Fund Advisors LP increased its holdings in US Foods by 14.3% during the second quarter. Dimensional Fund Advisors LP now owns 4,528,776 shares of the company’s stock valued at $239,940,000 after buying an additional 567,601 shares during the last quarter. Congress Asset Management Co. purchased a new stake in US Foods during the third quarter valued at approximately $121,196,000. Finally, Interval Partners LP raised its position in US Foods by 371.2% in the second quarter. Interval Partners LP now owns 1,866,842 shares of the company’s stock worth $98,905,000 after acquiring an additional 1,470,630 shares during the period. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. 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 report on Monday, December 16th. Barclays upped 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. StockNews.com raised US Foods from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 10th. Truist Financial increased their target price on shares of US Foods from $66.00 to $74.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Finally, UBS Group lifted their price target on shares of US Foods from $67.00 to $77.00 and gave the company a “buy” rating in a report on Friday, November 8th. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $67.08.

US Foods Stock Performance

USFD opened at $68.77 on Wednesday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19. The stock has a market capitalization of $16.02 billion, a price-to-earnings ratio of 29.52, a PEG ratio of 1.15 and a beta of 1.68. The company has a fifty day moving average of $66.32 and a 200 day moving average of $59.69. US Foods Holding Corp. has a fifty-two week low of $44.81 and a fifty-two week high of $72.84.

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.