Schonfeld Strategic Advisors LLC Lowers Stock Holdings in US Foods Holding Corp. (NYSE:USFD)

Schonfeld Strategic Advisors LLC lowered its stake in US Foods Holding Corp. (NYSE:USFDFree Report) by 30.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 930,661 shares of the company’s stock after selling 399,712 shares during the period. Schonfeld Strategic Advisors LLC owned 0.38% of US Foods worth $36,947,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. NewEdge Advisors LLC increased its position in shares of US Foods by 67.4% in the 1st quarter. NewEdge Advisors LLC now owns 708 shares of the company’s stock worth $26,000 after purchasing an additional 285 shares during the last quarter. Janney Capital Management LLC grew its position in shares of US Foods by 2.7% during the 3rd quarter. Janney Capital Management LLC now owns 11,904 shares of the company’s stock valued at $473,000 after buying an additional 315 shares during the last quarter. Fifth Third Bancorp grew its position in shares of US Foods by 36.1% during the 3rd quarter. Fifth Third Bancorp now owns 1,191 shares of the company’s stock valued at $47,000 after buying an additional 316 shares during the last quarter. PAX Financial Group LLC grew its position in shares of US Foods by 2.5% during the 3rd quarter. PAX Financial Group LLC now owns 15,099 shares of the company’s stock valued at $599,000 after buying an additional 372 shares during the last quarter. Finally, Raymond James Trust N.A. grew its position in shares of US Foods by 2.6% during the 1st quarter. Raymond James Trust N.A. now owns 15,254 shares of the company’s stock valued at $574,000 after buying an additional 381 shares during the last quarter. Institutional investors own 98.69% of the company’s stock.

US Foods Price Performance

Shares of NYSE:USFD traded down $0.71 during trading on Thursday, reaching $50.65. The company had a trading volume of 727,376 shares, compared to its average volume of 1,717,868. The firm’s fifty day moving average is $46.93 and its 200 day moving average is $42.81. The firm has a market capitalization of $12.40 billion, a PE ratio of 25.42, a price-to-earnings-growth ratio of 0.86 and a beta of 1.57. US Foods Holding Corp. has a twelve month low of $33.96 and a twelve month high of $51.76. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.78 and a current ratio of 1.30.

Insider Transactions at US Foods

In other news, Director Scott D. Ferguson sold 3,000,000 shares of the company’s stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $43.87, for a total value of $131,610,000.00. Following the completion of the sale, the director now directly owns 15,932,877 shares of the company’s stock, valued at approximately $698,975,313.99. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on USFD shares. UBS Group raised shares of US Foods from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $47.00 to $64.00 in a research report on Tuesday, February 20th. StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 23rd. Piper Sandler raised shares of US Foods from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $45.00 to $59.00 in a research report on Tuesday, February 20th. BMO Capital Markets boosted their target price on shares of US Foods from $50.00 to $58.00 and gave the company an “outperform” rating in a research note on Friday, February 16th. Finally, Truist Financial boosted their target price on shares of US Foods from $52.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday, February 20th. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, US Foods has a consensus rating of “Buy” and a consensus price target of $52.75.

Read Our Latest Stock Report on USFD

US Foods 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.

See Also

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

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