First Horizon Advisors Inc. Has $35,000 Stock Position in US Foods Holding Corp. (NYSE:USFD)

First Horizon Advisors Inc. increased its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 54.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 575 shares of the company’s stock after buying an additional 202 shares during the quarter. First Horizon Advisors Inc.’s holdings in US Foods were worth $35,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of USFD. O Shaughnessy Asset Management LLC boosted its position in US Foods by 29.3% in the first quarter. O Shaughnessy Asset Management LLC now owns 7,946 shares of the company’s stock valued at $429,000 after buying an additional 1,800 shares in the last quarter. Advisors Asset Management Inc. increased its holdings in US Foods by 55.7% in the 1st quarter. Advisors Asset Management Inc. now owns 10,122 shares of the company’s stock worth $546,000 after purchasing an additional 3,622 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in US Foods by 6.3% in the first 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 during the last quarter. Janus Henderson Group PLC boosted its stake in shares of US Foods by 46.3% during the first 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. Finally, Dynasty Wealth Management LLC bought a new stake in shares of US Foods during the first quarter worth about $1,143,000. 98.76% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of the 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 transaction, the chief financial officer now owns 88,563 shares in the company, valued at approximately $5,132,225.85. This represents a 10.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.70% of the company’s stock.

US Foods Stock Performance

Shares of USFD stock opened at $69.88 on Tuesday. The firm has a 50 day moving average of $62.91 and a 200-day moving average of $57.37. The company has a market cap of $16.28 billion, a price-to-earnings ratio of 29.92, a price-to-earnings-growth ratio of 1.15 and a beta of 1.66. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01. US Foods Holding Corp. has a 52 week low of $42.96 and a 52 week high of $70.52.

Wall Street Analysts Forecast Growth

USFD has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft raised their price objective on shares of US Foods from $72.00 to $75.00 and gave the company a “buy” rating in a report on Friday, August 9th. StockNews.com upgraded shares of US Foods from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. UBS Group increased their price objective on US Foods from $67.00 to $77.00 and gave the company a “buy” rating in a report on Friday, November 8th. Truist Financial lifted their target price on US Foods from $66.00 to $74.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Finally, Jefferies Financial Group increased their price target on US Foods from $66.00 to $71.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. One 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.com, the stock presently has a consensus rating of “Buy” and an average price target of $71.09.

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.