Prospera Financial Services Inc Has $554,000 Position in US Foods Holding Corp. (NYSE:USFD)

Prospera Financial Services Inc lowered its stake in US Foods Holding Corp. (NYSE:USFD) by 4.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,004 shares of the company’s stock after selling 464 shares during the period. Prospera Financial Services Inc’s holdings in US Foods were worth $554,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of USFD. O Shaughnessy Asset Management LLC lifted its position in US Foods by 29.3% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 7,946 shares of the company’s stock valued at $429,000 after acquiring an additional 1,800 shares in the last quarter. Advisors Asset Management Inc. grew its stake in US Foods by 55.7% in the 1st quarter. Advisors Asset Management Inc. now owns 10,122 shares of the company’s stock valued at $546,000 after buying an additional 3,622 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of 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 worth $8,751,000 after purchasing an additional 9,652 shares in the last quarter. Public Employees Retirement Association of Colorado grew its position in shares of US Foods by 1,510.1% during the 1st quarter. Public Employees Retirement Association of Colorado now owns 441,405 shares of the company’s stock worth $23,823,000 after purchasing an additional 413,991 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC grew its position in shares of US Foods by 2.8% during the 1st quarter. Mount Yale Investment Advisors LLC now owns 10,634 shares of the company’s stock worth $574,000 after purchasing an additional 286 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on USFD shares. Piper Sandler upped their price target on shares of US Foods from $61.00 to $75.00 and gave the stock an “overweight” rating in a report on Monday, November 11th. UBS Group upped their price target 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. Jefferies Financial Group increased their price objective 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. Wells Fargo & Company raised 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. Finally, StockNews.com upgraded shares of US Foods from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, US Foods has a consensus rating of “Buy” and a consensus target price of $71.09.

US Foods Price Performance

Shares of US Foods stock opened at $69.43 on Friday. US Foods Holding Corp. has a 52-week low of $42.80 and a 52-week high of $69.69. The stock has a market capitalization of $16.17 billion, a price-to-earnings ratio of 29.80, a price-to-earnings-growth ratio of 1.12 and a beta of 1.66. The company has a fifty day moving average of $62.91 and a 200-day moving average of $57.30. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19.

Insider Activity

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of the 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 sale, the chief financial officer now owns 88,563 shares of the company’s stock, valued at $5,132,225.85. This represents a 10.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.70% of the stock is owned by corporate insiders.

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.