US Foods Holding Corp. (NYSE:USFD) Shares Sold by Canandaigua National Bank & Trust Co.

Canandaigua National Bank & Trust Co. reduced its position in US Foods Holding Corp. (NYSE:USFD) by 5.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,761 shares of the company’s stock after selling 201 shares during the period. Canandaigua National Bank & Trust Co.’s holdings in US Foods were worth $254,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in USFD. Acadian Asset Management LLC acquired a new position in shares of US Foods during the second quarter worth about $25,000. Quent Capital LLC lifted its position in US Foods by 87.6% during the 3rd quarter. Quent Capital LLC now owns 469 shares of the company’s stock worth $29,000 after acquiring an additional 219 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in US Foods in the third quarter valued at approximately $31,000. Huntington National Bank raised its stake in shares of US Foods by 332.5% during the third quarter. Huntington National Bank now owns 532 shares of the company’s stock valued at $33,000 after purchasing an additional 409 shares during the period. Finally, Capital Performance Advisors LLP purchased a new position in shares of US Foods in the third quarter valued at $34,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Price Performance

Shares of NYSE:USFD opened at $67.29 on Wednesday. The company has a market cap of $15.67 billion, a PE ratio of 28.88, a P/E/G ratio of 1.15 and a beta of 1.67. US Foods Holding Corp. has a fifty-two week low of $44.81 and a fifty-two week high of $72.84. The firm has a 50-day simple moving average of $67.67 and a 200 day simple moving average of $60.83. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01.

Analyst Upgrades and Downgrades

USFD has been the topic of several analyst reports. Barclays lifted their price target on shares of US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Piper Sandler boosted their price target on US Foods from $61.00 to $75.00 and gave the stock an “overweight” rating in a research note on Monday, November 11th. StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. Melius Research raised shares of US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. Finally, Jefferies Financial Group upped 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. One equities research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $67.08.

US Foods 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.