Choreo LLC Has $380,000 Stock Holdings in US Foods Holding Corp. (NYSE:USFD)

Choreo LLC trimmed its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 14.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 5,622 shares of the company’s stock after selling 945 shares during the period. Choreo LLC’s holdings in US Foods were worth $380,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Wellington Management Group LLP increased its holdings in shares of US Foods by 25.2% in the 3rd quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock valued at $744,548,000 after purchasing an additional 2,435,357 shares during the period. State Street Corp increased its stake in US Foods by 4.7% in the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company’s stock valued at $433,299,000 after buying an additional 316,061 shares during the period. Massachusetts Financial Services Co. MA lifted its position in US Foods by 4.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,841,961 shares of the company’s stock worth $420,781,000 after buying an additional 291,016 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of US Foods by 6.5% during the 3rd quarter. Geode Capital Management LLC now owns 3,972,930 shares of the company’s stock valued at $244,401,000 after buying an additional 241,900 shares during the period. Finally, Congress Asset Management Co. purchased a new position in shares of US Foods during the 3rd quarter valued at $121,196,000. 98.76% of the stock is owned by hedge funds and other institutional investors.

US Foods Stock Performance

NYSE:USFD opened at $69.62 on Thursday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19. The firm’s 50-day moving average is $69.06 and its 200-day moving average is $63.87. US Foods Holding Corp. has a 52-week low of $45.24 and a 52-week high of $73.00. The company has a market cap of $16.22 billion, a price-to-earnings ratio of 29.88, a PEG ratio of 0.95 and a beta of 1.67.

Analyst Ratings Changes

Several research analysts have weighed in on USFD shares. Barclays upped their target price on US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Melius started coverage on shares of US Foods in a research report on Wednesday, December 18th. They set a “buy” rating and a $12.00 price objective on the stock. Morgan Stanley boosted their target price on shares of US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. Jefferies Financial Group raised their price target on shares of US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a report on Monday, December 16th. Finally, Truist Financial upped their price objective on shares of US Foods from $74.00 to $78.00 and gave the stock a “buy” rating in a report on Thursday, January 16th. One 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. Based on data from MarketBeat, the company presently 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.