Atalan Capital Partners LP Has $175.44 Million Stake in US Foods Holding Corp. (NYSE:USFD)

Atalan Capital Partners LP reduced its stake in US Foods Holding Corp. (NYSE:USFD) by 9.5% during the third quarter, according to its most recent filing with the SEC. The fund owned 2,852,698 shares of the company’s stock after selling 300,000 shares during the quarter. US Foods accounts for approximately 15.1% of Atalan Capital Partners LP’s portfolio, making the stock its 2nd largest holding. Atalan Capital Partners LP owned 1.22% of US Foods worth $175,441,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in USFD. Benjamin Edwards Inc. bought a new position in US Foods during the third quarter valued at $328,000. Atom Investors LP lifted its position in shares of US Foods by 275.8% during the 3rd quarter. Atom Investors LP now owns 103,784 shares of the company’s stock valued at $6,383,000 after buying an additional 76,164 shares during the last quarter. Verition Fund Management LLC increased its holdings in US Foods by 14.6% in the 3rd quarter. Verition Fund Management LLC now owns 885,606 shares of the company’s stock worth $54,465,000 after acquiring an additional 112,701 shares during the last quarter. Hantz Financial Services Inc. bought a new stake in US Foods in the 3rd quarter valued at about $10,718,000. Finally, Public Sector Pension Investment Board lifted its holdings in US Foods by 100.2% during the third quarter. Public Sector Pension Investment Board now owns 6,000 shares of the company’s stock valued at $369,000 after purchasing an additional 2,500,000 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on USFD shares. Jefferies Financial Group lifted their target price on shares of US Foods from $66.00 to $71.00 and gave the stock a “buy” rating in a research note on Wednesday, September 25th. Truist Financial boosted their target price on shares of US Foods from $66.00 to $74.00 and gave the company a “buy” rating in a report on Friday, November 8th. JPMorgan Chase & Co. raised their price target on US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Barclays boosted their price objective 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 upped their price target on US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a research report on Wednesday, September 18th. One equities research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, US Foods presently has an average rating of “Buy” and a consensus price target of $71.09.

Insider Transactions at US Foods

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

US Foods Trading Down 0.1 %

Shares of US Foods stock opened at $69.77 on Monday. The company has a 50 day simple moving average of $63.77 and a two-hundred day simple moving average of $57.90. The firm has a market cap of $16.25 billion, a PE ratio of 29.94, a PEG ratio of 1.15 and a beta of 1.66. US Foods Holding Corp. has a 1 year low of $42.96 and a 1 year high of $70.80. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72.

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.