US Foods Holding Corp. (NYSE:USFD) Receives Consensus Rating of “Buy” from Brokerages

Shares of US Foods Holding Corp. (NYSE:USFD) have received an average rating of “Buy” from the thirteen brokerages that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $67.08.

Several equities analysts have recently issued reports on USFD shares. Barclays lifted their price target on US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Wells Fargo & Company lifted their target price on shares of US Foods from $66.00 to $75.00 and gave the stock an “overweight” rating in a report on Wednesday, September 18th. Piper Sandler increased their price target on shares of US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a report on Monday, November 11th. Jefferies Financial Group boosted their price objective on shares of US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Finally, Melius began coverage on US Foods in a research report on Wednesday, December 18th. They issued a “buy” rating and a $12.00 price objective on the stock.

Institutional Trading of US Foods

A number of hedge funds have recently bought and sold shares of USFD. Public Sector Pension Investment Board boosted its position in US Foods by 100.2% in the third quarter. Public Sector Pension Investment Board now owns 6,000 shares of the company’s stock worth $369,000 after purchasing an additional 2,500,000 shares during the last quarter. Wellington Management Group LLP lifted its stake 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 worth $744,548,000 after purchasing an additional 2,435,357 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of US Foods by 46.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,550,945 shares of the company’s stock worth $347,069,000 after buying an additional 2,064,321 shares during the last quarter. Congress Asset Management Co. bought a new stake in US Foods during the third quarter valued at approximately $121,196,000. Finally, Interval Partners LP increased its holdings in US Foods by 371.2% during the second quarter. Interval Partners LP now owns 1,866,842 shares of the company’s stock valued at $98,905,000 after buying an additional 1,470,630 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Stock Down 0.5 %

Shares of NYSE:USFD opened at $68.17 on Friday. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. The stock has a fifty day simple moving average of $66.82 and a two-hundred day simple moving average of $60.02. US Foods has a 12-month low of $44.81 and a 12-month high of $72.84. The stock has a market capitalization of $15.88 billion, a price-to-earnings ratio of 29.26, a PEG ratio of 1.15 and a beta of 1.68.

About US Foods

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.