Investment Analysts’ Weekly Ratings Changes for US Foods (USFD)

US Foods (NYSE: USFD) recently received a number of ratings updates from brokerages and research firms:

• 11/11/2024 – US Foods had its price target raised by analysts at Piper Sandler from $61.00 to $75.00. They now have an “overweight” rating on the stock.
• 11/8/2024 – US Foods had its price target raised by analysts at Barclays PLC from $71.00 to $78.00. They now have an “overweight” rating on the stock.
• 11/8/2024 – US Foods had its price target raised by analysts at JPMorgan Chase & Co. from $68.00 to $69.00. They now have a “neutral” rating on the stock.
• 11/8/2024 – US Foods had its price target raised by analysts at UBS Group AG from $67.00 to $77.00. They now have a “buy” rating on the stock.
• 11/8/2024 – US Foods had its price target raised by analysts at Truist Financial Co. from $66.00 to $74.00. They now have a “buy” rating on the stock.
• 10/10/2024 – US Foods was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 10/1/2024 – US Foods was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 9/25/2024 – US Foods had its price target raised by analysts at Jefferies Financial Group Inc. from $66.00 to $71.00. They now have a “buy” rating on the stock.
• 9/22/2024 – US Foods was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 9/18/2024 – US Foods had its price target raised by analysts at Wells Fargo & Company from $66.00 to $75.00. They now have an “overweight” rating on the stock.
• 9/16/2024 – US Foods had its price target raised by analysts at JPMorgan Chase & Co. from $60.00 to $68.00. They now have a “neutral” rating on the stock.

US Foods Trading Down 0.7 %

Shares of NYSE:USFD traded down $0.46 during midday trading on Thursday, reaching $66.36. The company had a trading volume of 596,823 shares, compared to its average volume of 1,800,478. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19. US Foods Holding Corp. has a 1-year low of $42.19 and a 1-year high of $68.00. The firm has a market cap of $15.46 billion, a price-to-earnings ratio of 28.48, a price-to-earnings-growth ratio of 1.12 and a beta of 1.66. The company has a fifty day simple moving average of $61.72 and a two-hundred day simple moving average of $56.59.

Insiders Place Their Bets

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $5,132,225.85. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.70% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Quent Capital LLC raised its stake in shares of US Foods by 87.6% in the 3rd quarter. Quent Capital LLC now owns 469 shares of the company’s stock valued at $29,000 after acquiring an additional 219 shares in the last quarter. Acadian Asset Management LLC bought a new position in US Foods in the 2nd quarter worth approximately $25,000. Ashton Thomas Securities LLC bought a new position in US Foods in the 3rd quarter worth approximately $31,000. Huntington National Bank increased its position in US Foods by 332.5% in the 3rd quarter. Huntington National Bank now owns 532 shares of the company’s stock worth $33,000 after buying an additional 409 shares during the period. Finally, Capital Performance Advisors LLP bought a new position in US Foods in the 3rd quarter worth approximately $34,000. 98.76% of the stock is owned by institutional investors.

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.