US Foods Holding Corp. (NYSE:USFD) Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its holdings in US Foods Holding Corp. (NYSE:USFD) by 4.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,940 shares of the company’s stock after purchasing an additional 692 shares during the quarter. Janney Montgomery Scott LLC’s holdings in US Foods were worth $1,103,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of USFD. Janus Henderson Group PLC grew its holdings in US Foods by 46.3% during the 1st quarter. Janus Henderson Group PLC now owns 162,338 shares of the company’s stock valued at $8,759,000 after purchasing an additional 51,402 shares in the last quarter. Entropy Technologies LP acquired a new stake in US Foods during the 1st quarter valued at $232,000. Vanguard Group Inc. grew its holdings in US Foods by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 23,019,003 shares of the company’s stock valued at $1,242,336,000 after purchasing an additional 796,434 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in US Foods by 6.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 162,128 shares of the company’s stock valued at $8,751,000 after purchasing an additional 9,652 shares in the last quarter. Finally, Dynasty Wealth Management LLC acquired a new stake in US Foods during the 1st quarter valued at $1,143,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Dirk J. Locascio sold 10,000 shares of US Foods 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 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.70% of the stock is owned by company insiders.

US Foods Trading Down 2.0 %

Shares of US Foods stock opened at $64.66 on Friday. The business has a fifty day simple moving average of $62.02 and a two-hundred day simple moving average of $56.74. US Foods Holding Corp. has a 1 year low of $42.19 and a 1 year high of $68.00. The company has a market capitalization of $15.06 billion, a price-to-earnings ratio of 27.75, a P/E/G ratio of 1.12 and a beta of 1.66. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on USFD shares. UBS Group raised their price objective on shares of US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, November 8th. JPMorgan Chase & Co. raised their price objective on shares of US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Wells Fargo & Company raised their price objective 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. StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. Finally, 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 report on Wednesday, September 25th. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target 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.