UBS Group AG Has $4.45 Million Stake in US Foods Holding Corp. (NYSE:USFD)

UBS Group AG decreased its position in US Foods Holding Corp. (NYSE:USFD – Get Rating) by 53.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 168,330 shares of the company’s stock after selling 195,975 shares during the period. UBS Group AG’s holdings in US Foods were worth $4,451,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of US Foods by 53.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,492 shares of the company’s stock valued at $45,000 after purchasing an additional 519 shares during the period. Costello Asset Management INC bought a new position in shares of US Foods in the 3rd quarter valued at about $42,000. Covestor Ltd grew its holdings in shares of US Foods by 744.8% in the 1st quarter. Covestor Ltd now owns 1,639 shares of the company’s stock valued at $62,000 after acquiring an additional 1,445 shares in the last quarter. Captrust Financial Advisors grew its holdings in shares of US Foods by 29.9% in the 1st quarter. Captrust Financial Advisors now owns 2,144 shares of the company’s stock valued at $81,000 after acquiring an additional 493 shares in the last quarter. Finally, SRS Capital Advisors Inc. grew its holdings in shares of US Foods by 1,423.1% in the 3rd quarter. SRS Capital Advisors Inc. now owns 2,574 shares of the company’s stock valued at $68,000 after acquiring an additional 2,405 shares in the last quarter. Institutional investors and hedge funds own 97.06% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Piper Sandler raised their price objective on US Foods to $38.00 in a report on Wednesday, November 16th. Truist Financial raised their price objective on US Foods to $43.00 in a report on Wednesday, November 16th. Morgan Stanley lifted their price target on US Foods from $44.00 to $46.00 and gave the stock an “equal weight” rating in a report on Friday, February 17th. TheStreet upgraded US Foods from a “c+” rating to a “b-” rating in a report on Tuesday, December 6th. Finally, StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a report on Friday, February 24th. Two research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $44.90.

Insider Activity

In other news, Director Sunil Gupta sold 5,756 shares of US Foods stock in a transaction that occurred on Wednesday, February 22nd. The shares were sold at an average price of $39.29, for a total value of $226,153.24. Following the completion of the sale, the director now directly owns 17,802 shares in the company, valued at $699,440.58. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other US Foods news, Director Sunil Gupta sold 5,756 shares of the business’s stock in a transaction that occurred on Wednesday, February 22nd. The shares were sold at an average price of $39.29, for a total transaction of $226,153.24. Following the completion of the transaction, the director now directly owns 17,802 shares in the company, valued at $699,440.58. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Jay Kvasnicka sold 61,806 shares of the business’s stock in a transaction that occurred on Tuesday, January 31st. The shares were sold at an average price of $38.05, for a total transaction of $2,351,718.30. Following the transaction, the executive vice president now owns 55,905 shares of the company’s stock, valued at $2,127,185.25. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 70,152 shares of company stock worth $2,676,317. Corporate insiders own 1.00% of the company’s stock.

US Foods Stock Up 1.0 %

NYSE USFD opened at $37.89 on Thursday. The company has a current ratio of 1.37, a quick ratio of 0.79 and a debt-to-equity ratio of 1.20. US Foods Holding Corp. has a 1-year low of $25.49 and a 1-year high of $39.75. The company has a 50 day moving average of $36.84 and a 200-day moving average of $33.14. The company has a market cap of $8.50 billion, a price-to-earnings ratio of 37.89 and a beta of 1.46.

US Foods Profile

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US Foods Holding Corp. operates as a foodservice distributor. Its products include frozen and dry food and non-food products to foodservice customers throughout the U.S. The company offers services under brands Chef’s Line, del Pasado, Glenview Farms, Cattleman’s Selection, Cross Valley Farms, Harbor Banks, Hilltop Hearth, Devonshire, and Metro Deli.