Janus Henderson Group PLC Sells 7,400 Shares of US Foods Holding Corp. (NYSE:USFD)

Janus Henderson Group PLC trimmed its position in shares of US Foods Holding Corp. (NYSE:USFD) by 6.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 102,359 shares of the company’s stock after selling 7,400 shares during the quarter. Janus Henderson Group PLC’s holdings in US Foods were worth $6,294,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. CWM LLC raised its holdings in shares of US Foods by 123.9% in the second quarter. CWM LLC now owns 4,088 shares of the company’s stock valued at $217,000 after purchasing an additional 2,262 shares during the last quarter. Benson Investment Management Company Inc. purchased a new stake in US Foods in the 2nd quarter valued at about $5,058,000. Davis Investment Partners LLC boosted its stake in shares of US Foods by 25.6% in the 2nd quarter. Davis Investment Partners LLC now owns 28,671 shares of the company’s stock worth $1,501,000 after buying an additional 5,839 shares during the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of US Foods by 340.3% in the second quarter. Nisa Investment Advisors LLC now owns 38,855 shares of the company’s stock valued at $2,059,000 after acquiring an additional 30,030 shares in the last quarter. Finally, Fifth Third Bancorp increased its position in shares of US Foods by 41.3% during the second quarter. Fifth Third Bancorp now owns 2,293 shares of the company’s stock valued at $121,000 after acquiring an additional 670 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CFO Dirk J. Locascio sold 10,000 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $57.95, for a total transaction of $579,500.00. Following the completion of the transaction, the chief financial officer now directly 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 document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.70% of the company’s stock.

US Foods Price Performance

Shares of NYSE USFD opened at $69.53 on Tuesday. The stock has a fifty day moving average of $64.88 and a 200-day moving average of $58.60. The stock has a market cap of $16.20 billion, a PE ratio of 29.84, a price-to-earnings-growth ratio of 1.19 and a beta of 1.68. 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 fifty-two week low of $43.24 and a fifty-two week high of $72.84.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on USFD. Truist Financial upped their price objective on US Foods from $66.00 to $74.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Barclays raised their price objective on shares of US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 10th. Jefferies Financial Group raised their price target 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. Finally, Wells Fargo & Company lifted their price target on shares of US Foods from $66.00 to $75.00 and gave the stock an “overweight” rating in a report on Wednesday, September 18th. One analyst has rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, US Foods currently has a consensus rating of “Buy” and an average target price of $71.09.

US Foods Profile

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.