US Foods Holding Corp. (NYSE:USFD) Receives $69.82 Average Target Price from Analysts

US Foods Holding Corp. (NYSE:USFD) has earned a consensus rating of “Moderate Buy” from the eleven analysts that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and ten have issued a buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $71.09.

USFD has been the topic of a number of research reports. Jefferies Financial Group raised their price target on US Foods from $66.00 to $71.00 and gave the stock a “buy” rating in a report on Wednesday, September 25th. UBS Group raised their price objective on shares of US Foods from $67.00 to $77.00 and gave the company a “buy” 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 note on Thursday, October 10th. Barclays lifted their price target on US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Finally, Wells Fargo & Company increased their price objective on US Foods from $66.00 to $75.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 18th.

Insider Buying and Selling

In related news, CFO Dirk J. Locascio sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $57.95, for a total value of $579,500.00. Following the sale, the chief financial officer now directly owns 88,563 shares of the company’s stock, valued at approximately $5,132,225.85. This trade represents a 10.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.70% of the stock is owned by company insiders.

Institutional Trading of US Foods

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC lifted its stake in shares of US Foods by 20.7% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 6,606 shares of the company’s stock valued at $357,000 after purchasing an additional 1,132 shares in the last quarter. SG Americas Securities LLC lifted its holdings in shares of US Foods by 5.7% during the 1st quarter. SG Americas Securities LLC now owns 30,655 shares of the company’s stock valued at $1,654,000 after acquiring an additional 1,665 shares in the last quarter. Highland Capital Management LLC acquired a new stake in US Foods in the 1st quarter valued at $213,000. Tectonic Advisors LLC purchased a new position in US Foods in the first quarter valued at about $215,000. Finally, Susquehanna Fundamental Investments LLC acquired a new position in shares of US Foods during the first quarter worth about $443,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Stock Down 2.0 %

USFD stock opened at $64.66 on Friday. US Foods has a 12 month low of $42.19 and a 12 month high of $68.00. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72. The company has a market cap of $15.06 billion, a price-to-earnings ratio of 27.75, a price-to-earnings-growth ratio of 1.12 and a beta of 1.66. The company has a fifty day moving average price of $62.02 and a 200 day moving average price of $56.74.

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.