Boston Partners grew its stake in shares of US Foods Holding Corp. (NYSE:USFD – Free Report) by 0.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,203,880 shares of the company’s stock after acquiring an additional 73,656 shares during the period. US Foods accounts for 1.3% of Boston Partners’ investment portfolio, making the stock its 4th biggest holding. Boston Partners owned 0.07% of US Foods worth $1,222,537,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also modified their holdings of the stock. Orion Porfolio Solutions LLC grew its holdings in shares of US Foods by 1.4% during the 4th quarter. Orion Porfolio Solutions LLC now owns 7,108 shares of the company’s stock valued at $535,000 after acquiring an additional 101 shares in the last quarter. Choreo LLC grew its holdings in shares of US Foods by 2.4% during the 4th quarter. Choreo LLC now owns 5,707 shares of the company’s stock valued at $433,000 after acquiring an additional 133 shares in the last quarter. Crossmark Global Holdings Inc. grew its holdings in shares of US Foods by 0.7% during the 4th quarter. Crossmark Global Holdings Inc. now owns 18,357 shares of the company’s stock valued at $1,383,000 after acquiring an additional 134 shares in the last quarter. Root Financial Partners LLC grew its holdings in shares of US Foods by 22.4% during the 4th quarter. Root Financial Partners LLC now owns 840 shares of the company’s stock valued at $63,000 after acquiring an additional 154 shares in the last quarter. Finally, Brooklyn Investment Group boosted its holdings in US Foods by 0.9% in the fourth quarter. Brooklyn Investment Group now owns 18,469 shares of the company’s stock worth $1,413,000 after purchasing an additional 157 shares in the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.
US Foods Price Performance
USFD opened at $93.43 on Friday. US Foods Holding Corp. has a one year low of $69.88 and a one year high of $102.13. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.14 and a quick ratio of 0.70. The company’s 50 day simple moving average is $87.47 and its 200-day simple moving average is $85.83. The stock has a market capitalization of $20.58 billion, a P/E ratio of 31.46, a price-to-earnings-growth ratio of 1.15 and a beta of 0.83.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the stock. Sanford C. Bernstein reiterated an “outperform” rating and issued a $106.00 price objective on shares of US Foods in a report on Friday, February 13th. Citigroup decreased their price objective on shares of US Foods from $115.00 to $111.00 and set a “buy” rating for the company in a report on Friday, May 8th. Piper Sandler cut their target price on shares of US Foods from $103.00 to $88.00 and set a “neutral” rating for the company in a research report on Monday, June 1st. Morgan Stanley set a $94.00 target price on shares of US Foods and gave the stock a “mixed” rating in a research report on Friday, February 13th. Finally, Wells Fargo & Company boosted their target price on shares of US Foods from $87.00 to $110.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, US Foods currently has an average rating of “Moderate Buy” and a consensus price target of $105.50.
Read Our Latest Stock Analysis on USFD
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.
Featured Articles
- Five stocks we like better than US Foods
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
Want to see what other hedge funds are holding USFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for US Foods Holding Corp. (NYSE:USFD – Free Report).
Receive News & Ratings for US Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Foods and related companies with MarketBeat.com's FREE daily email newsletter.
