Cerity Partners LLC Has $467,000 Stake in US Foods Holding Corp. (NYSE:USFD)

Cerity Partners LLC grew its stake in US Foods Holding Corp. (NYSE:USFDGet Rating) by 20.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,213 shares of the company’s stock after purchasing an additional 2,532 shares during the period. Cerity Partners LLC’s holdings in US Foods were worth $467,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Signaturefd LLC grew its position in US Foods by 69.2% in the 1st quarter. Signaturefd LLC now owns 883 shares of the company’s stock worth $33,000 after purchasing an additional 361 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in US Foods by 53.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,492 shares of the company’s stock worth $45,000 after purchasing an additional 519 shares during the last quarter. Ellevest Inc. grew its position in US Foods by 582.1% in the 2nd quarter. Ellevest Inc. now owns 1,787 shares of the company’s stock worth $55,000 after purchasing an additional 1,525 shares during the last quarter. Covestor Ltd grew its position in US Foods by 744.8% in the 1st quarter. Covestor Ltd now owns 1,639 shares of the company’s stock worth $62,000 after purchasing an additional 1,445 shares during the last quarter. Finally, Captrust Financial Advisors grew its position in US Foods by 29.9% in the 1st quarter. Captrust Financial Advisors now owns 2,144 shares of the company’s stock worth $81,000 after purchasing an additional 493 shares during the last quarter. 97.42% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other US Foods news, CFO Dirk J. Locascio sold 20,000 shares of the business’s stock in a transaction dated Friday, November 11th. The shares were sold at an average price of $33.00, for a total value of $660,000.00. Following the completion of the transaction, the chief financial officer now directly owns 128,624 shares of the company’s stock, valued at $4,244,592. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on USFD shares. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of US Foods from $44.00 to $41.00 in a report on Friday, November 11th. Morgan Stanley raised their price objective on shares of US Foods from $34.00 to $36.00 and gave the stock an “equal weight” rating in a report on Friday, November 11th. JPMorgan Chase & Co. started coverage on shares of US Foods in a report on Wednesday, September 7th. They set a “neutral” rating for the company. Guggenheim reduced their price objective on shares of US Foods from $48.00 to $45.00 and set a “buy” rating for the company in a report on Monday, August 15th. Finally, Truist Financial raised their price objective on shares of US Foods to $43.00 in a report on Wednesday. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $41.60.

US Foods Trading Up 0.2 %

Shares of USFD stock opened at $33.97 on Friday. US Foods Holding Corp. has a 12-month low of $25.49 and a 12-month high of $39.73. The company has a market capitalization of $7.64 billion, a P/E ratio of 38.17, a P/E/G ratio of 0.83 and a beta of 1.39. The firm has a 50-day moving average price of $29.14 and a 200 day moving average price of $30.87. The company has a quick ratio of 0.77, a current ratio of 1.36 and a debt-to-equity ratio of 1.23.

US Foods Company Profile

(Get Rating)

US Foods Holding Corp., through its subsidiary, US Foods, Inc, markets and distributes 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.

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Institutional Ownership by Quarter for US Foods (NYSE:USFD)

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