US Foods Holding Corp. (NYSE:USFD) Stake Increased by Tidal Investments LLC

Tidal Investments LLC raised its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 105.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,652 shares of the company’s stock after acquiring an additional 7,004 shares during the quarter. Tidal Investments LLC’s holdings in US Foods were worth $840,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in USFD. Bank of Montreal Can lifted its position in shares of US Foods by 0.3% during the third quarter. Bank of Montreal Can now owns 66,848 shares of the company’s stock worth $4,022,000 after purchasing an additional 171 shares during the last quarter. Davis Investment Partners LLC raised its stake in US Foods by 0.7% during the third quarter. Davis Investment Partners LLC now owns 28,864 shares of the company’s stock valued at $1,775,000 after buying an additional 193 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in US Foods by 54.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock worth $35,000 after buying an additional 202 shares during the last quarter. Quent Capital LLC lifted its holdings 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 buying an additional 219 shares during the last quarter. Finally, CIBC Asset Management Inc grew its position in shares of US Foods by 3.3% in the 3rd quarter. CIBC Asset Management Inc now owns 7,096 shares of the company’s stock worth $436,000 after acquiring an additional 226 shares in the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on USFD. Piper Sandler raised their price objective on US Foods from $61.00 to $75.00 and gave the stock an “overweight” rating in a research note on Monday, November 11th. Barclays raised their price target on shares of US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Truist Financial boosted their price objective on US Foods from $66.00 to $74.00 and gave the company a “buy” rating in a research report on Friday, November 8th. StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 10th. Finally, UBS Group raised their price target on shares of US Foods from $67.00 to $77.00 and gave the company a “buy” rating in a research note on Friday, November 8th. One research analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, US Foods currently has an average rating of “Buy” and a consensus target price of $67.08.

US Foods Stock Performance

Shares of NYSE USFD opened at $67.69 on Friday. US Foods Holding Corp. has a 1 year low of $44.39 and a 1 year high of $72.84. 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 stock has a fifty day moving average price of $66.20 and a two-hundred day moving average price of $59.49. The firm has a market cap of $15.77 billion, a P/E ratio of 29.05, a PEG ratio of 1.15 and a beta of 1.68.

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.