Hantz Financial Services Inc. lessened its stake in shares of US Foods Holding Corp. (NYSE:USFD – Free Report) by 83.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,202 shares of the company’s stock after selling 110,105 shares during the period. Hantz Financial Services Inc.’s holdings in US Foods were worth $1,624,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of the company. Callan Family Office LLC bought a new stake in shares of US Foods during the 3rd quarter worth $269,000. Jones Financial Companies Lllp lifted its position in US Foods by 6.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 7,740 shares of the company’s stock worth $593,000 after acquiring an additional 498 shares during the last quarter. UMB Bank n.a. boosted its holdings in US Foods by 20.7% during the third quarter. UMB Bank n.a. now owns 3,191 shares of the company’s stock valued at $244,000 after acquiring an additional 547 shares during the period. AlphaQuest LLC boosted its holdings in US Foods by 187.9% during the third quarter. AlphaQuest LLC now owns 21,924 shares of the company’s stock valued at $1,680,000 after acquiring an additional 14,309 shares during the period. Finally, Arizona State Retirement System grew its position in shares of US Foods by 1.8% in the third quarter. Arizona State Retirement System now owns 68,459 shares of the company’s stock valued at $5,245,000 after purchasing an additional 1,185 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.
US Foods Stock Performance
USFD opened at $90.42 on Friday. The stock’s 50 day simple moving average is $79.28 and its 200-day simple moving average is $77.82. The company has a current ratio of 1.15, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. The stock has a market cap of $20.16 billion, a PE ratio of 37.68, a P/E/G ratio of 1.11 and a beta of 1.02. US Foods Holding Corp. has a 1 year low of $57.36 and a 1 year high of $90.73.
Analyst Ratings Changes
Several equities analysts recently weighed in on USFD shares. Weiss Ratings reissued a “buy (b)” rating on shares of US Foods in a research report on Monday, December 29th. Guggenheim lifted their price target on US Foods from $88.00 to $95.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Citigroup upped their price target on US Foods from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Tuesday, January 27th. Wall Street Zen lowered shares of US Foods from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Morgan Stanley set a $92.00 price target on shares of US Foods in a report on Tuesday, January 20th. Nine equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $90.00.
Read Our Latest Report on USFD
Insider Buying and Selling at US Foods
In other news, insider Steven Guberman sold 58,632 shares of US Foods stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $72.00, for a total transaction of $4,221,504.00. Following the sale, the insider directly owned 113,410 shares in the company, valued at approximately $8,165,520. The trade was a 34.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.60% of the company’s stock.
About US Foods
US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.
Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.
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