Nisa Investment Advisors LLC Has $5.26 Million Position in US Foods Holding Corp. (NYSE:USFD)

Nisa Investment Advisors LLC lifted its position in shares of US Foods Holding Corp. (NYSE:USFD) by 75.5% during the 4th quarter, Holdings Channel reports. The firm owned 77,945 shares of the company’s stock after purchasing an additional 33,520 shares during the quarter. Nisa Investment Advisors LLC’s holdings in US Foods were worth $5,258,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Quent Capital LLC increased its position in US Foods by 87.6% during the third quarter. Quent Capital LLC now owns 469 shares of the company’s stock worth $29,000 after buying an additional 219 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in shares of US Foods during the 3rd quarter worth approximately $31,000. Huntington National Bank increased its holdings in shares of US Foods by 332.5% during the 3rd quarter. Huntington National Bank now owns 532 shares of the company’s stock worth $33,000 after acquiring an additional 409 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in US Foods in the 3rd quarter valued at $34,000. Finally, First Horizon Advisors Inc. lifted its holdings in US Foods by 54.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock valued at $35,000 after purchasing an additional 202 shares during the last quarter. 98.76% of the stock is owned by institutional investors.

US Foods Stock Performance

Shares of US Foods stock opened at $69.40 on Friday. The company has a 50 day moving average of $68.58 and a 200-day moving average of $62.08. The company has a market cap of $16.17 billion, a PE ratio of 29.79, a price-to-earnings-growth ratio of 0.93 and a beta of 1.67. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. US Foods Holding Corp. has a 1-year low of $44.83 and a 1-year high of $72.84.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Truist Financial increased their price objective on shares of US Foods from $74.00 to $78.00 and gave the company a “buy” rating in a research report on Thursday, January 16th. UBS Group boosted their price objective on US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, November 8th. StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 10th. Morgan Stanley boosted their price target on US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, Melius Research upgraded US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. One equities research analyst has rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, US Foods currently has a consensus rating of “Buy” and a consensus price target of $68.92.

US Foods Company 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.