US Foods Holding Corp. (NYSE:USFD) Shares Purchased by State Board of Administration of Florida Retirement System

State Board of Administration of Florida Retirement System raised its holdings in US Foods Holding Corp. (NYSE:USFDFree Report) by 0.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 246,964 shares of the company’s stock after acquiring an additional 340 shares during the quarter. State Board of Administration of Florida Retirement System’s holdings in US Foods were worth $9,804,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of USFD. Raymond James Financial Services Advisors Inc. lifted its holdings in US Foods by 3.9% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 37,445 shares of the company’s stock valued at $1,409,000 after acquiring an additional 1,411 shares during the period. Bank of New York Mellon Corp raised its stake in shares of US Foods by 9.4% during the 1st quarter. Bank of New York Mellon Corp now owns 938,355 shares of the company’s stock worth $35,311,000 after buying an additional 80,621 shares during the last quarter. US Bancorp DE raised its stake in shares of US Foods by 16.3% during the 1st quarter. US Bancorp DE now owns 7,822 shares of the company’s stock worth $296,000 after buying an additional 1,094 shares during the last quarter. HighTower Advisors LLC acquired a new position in shares of US Foods during the 1st quarter worth $215,000. Finally, Natixis Advisors L.P. raised its stake in shares of US Foods by 27.8% during the 1st quarter. Natixis Advisors L.P. now owns 15,716 shares of the company’s stock worth $591,000 after buying an additional 3,421 shares during the last quarter. Institutional investors and hedge funds own 98.69% of the company’s stock.

US Foods Trading Up 1.8 %

Shares of USFD stock opened at $47.50 on Tuesday. The company has a current ratio of 1.29, a quick ratio of 0.81 and a debt-to-equity ratio of 0.97. The company has a market capitalization of $11.68 billion, a price-to-earnings ratio of 26.39, a PEG ratio of 0.71 and a beta of 1.57. The firm has a 50-day moving average price of $45.64 and a 200 day moving average price of $42.17. US Foods Holding Corp. has a twelve month low of $33.96 and a twelve month high of $47.76.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. StockNews.com raised US Foods from a “buy” rating to a “strong-buy” rating in a research note on Thursday, January 18th. JPMorgan Chase & Co. lifted their price target on US Foods from $44.00 to $46.00 and gave the stock a “neutral” rating in a research note on Friday, November 17th. Barclays cut their price target on US Foods from $51.00 to $44.00 and set an “overweight” rating for the company in a research note on Monday, October 23rd. Deutsche Bank Aktiengesellschaft started coverage on US Foods in a research note on Thursday, October 19th. They set a “buy” rating and a $50.00 price target for the company. Finally, Morgan Stanley boosted their target price on shares of US Foods from $54.00 to $56.00 and gave the company an “overweight” rating in a research note on Friday, November 10th. One investment analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, US Foods has an average rating of “Buy” and an average price target of $49.70.

Get Our Latest Stock Report on US Foods

Insider Buying and Selling at US Foods

In other US Foods news, Director Scott D. Ferguson sold 3,000,000 shares of US Foods stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $43.87, for a total value of $131,610,000.00. Following the completion of the sale, the director now owns 15,932,877 shares in the company, valued at approximately $698,975,313.99. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 8.50% of the stock is owned by company insiders.

US Foods Company Profile

(Free Report)

US Foods Holding Corp., through its subsidiary, 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.

Featured Articles

Want to see what other hedge funds are holding USFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for US Foods Holding Corp. (NYSE:USFDFree Report).

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

Receive News & Ratings for US Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Foods and related companies with MarketBeat.com's FREE daily email newsletter.