OneDigital Investment Advisors LLC Grows Stock Holdings in US Foods Holding Corp. (NYSE:USFD)

OneDigital Investment Advisors LLC increased its holdings in US Foods Holding Corp. (NYSE:USFD) by 1.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,897 shares of the company’s stock after purchasing an additional 267 shares during the period. OneDigital Investment Advisors LLC’s holdings in US Foods were worth $1,285,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Davis Investment Partners LLC increased its position in shares of US Foods by 0.7% in the third quarter. Davis Investment Partners LLC now owns 28,864 shares of the company’s stock worth $1,775,000 after acquiring an additional 193 shares in the last quarter. Quent Capital LLC boosted its stake in shares of US Foods by 87.6% in the third quarter. Quent Capital LLC now owns 469 shares of the company’s stock valued at $29,000 after purchasing an additional 219 shares during the period. Venturi Wealth Management LLC lifted its holdings in US Foods by 72.0% in the 3rd quarter. Venturi Wealth Management LLC now owns 657 shares of the company’s stock worth $40,000 after buying an additional 275 shares in the last quarter. Mount Yale Investment Advisors LLC boosted its position in US Foods by 2.8% in the 1st quarter. Mount Yale Investment Advisors LLC now owns 10,634 shares of the company’s stock valued at $574,000 after buying an additional 286 shares during the last quarter. Finally, OLD National Bancorp IN grew its stake in shares of US Foods by 5.0% during the second quarter. OLD National Bancorp IN now owns 6,289 shares of the company’s stock valued at $333,000 after acquiring an additional 301 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. StockNews.com raised US Foods from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 10th. Truist Financial lifted their price target on US Foods from $66.00 to $74.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. JPMorgan Chase & Co. lifted their target price on US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft raised their price objective on US Foods from $72.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, August 9th. Finally, Jefferies Financial Group boosted their price objective on shares of US Foods from $66.00 to $71.00 and gave the company a “buy” rating in a research report on Wednesday, September 25th. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, US Foods currently has a consensus rating of “Buy” and an average price target of $71.09.

Insiders Place Their Bets

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $57.95, for a total value of $579,500.00. Following the transaction, the chief financial officer now owns 88,563 shares in the company, valued at approximately $5,132,225.85. This represents a 10.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.70% of the company’s stock.

US Foods Price Performance

USFD stock opened at $65.37 on Tuesday. The firm has a 50-day moving average of $62.02 and a two-hundred day moving average of $56.83. The firm has a market capitalization of $15.23 billion, a PE ratio of 28.06, a P/E/G ratio of 1.07 and a beta of 1.66. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. US Foods Holding Corp. has a one year low of $42.19 and a one year high of $68.00.

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.