US Foods Holding Corp. (NYSE:USFD) Shares Acquired by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC increased its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 94.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,496 shares of the company’s stock after acquiring an additional 11,431 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in US Foods were worth $1,445,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of USFD. Foguth Wealth Management LLC. purchased a new stake in US Foods in the first quarter valued at approximately $201,000. Oliver Luxxe Assets LLC raised its position in US Foods by 1.0% in the 1st quarter. Oliver Luxxe Assets LLC now owns 64,919 shares of the company’s stock valued at $3,504,000 after purchasing an additional 674 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its stake in US Foods by 20.7% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 6,606 shares of the company’s stock worth $357,000 after purchasing an additional 1,132 shares during the period. State of Michigan Retirement System increased its stake in US Foods by 2.2% in the first quarter. State of Michigan Retirement System now owns 55,500 shares of the company’s stock valued at $2,995,000 after purchasing an additional 1,200 shares during the period. Finally, Redmont Wealth Advisors LLC purchased a new stake in shares of US Foods in the first quarter valued at about $27,000. 98.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CFO Dirk J. Locascio sold 10,000 shares of the business’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $57.95, for a total value of $579,500.00. Following the sale, the chief financial officer now directly owns 88,563 shares in the company, valued at $5,132,225.85. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.70% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on USFD shares. Jefferies Financial Group raised their price target on US Foods from $66.00 to $71.00 and gave the stock a “buy” rating in a report on Wednesday, September 25th. JPMorgan Chase & Co. upped their price target on US Foods from $60.00 to $68.00 and gave the stock a “neutral” rating in a research note on Monday, September 16th. Wells Fargo & Company lifted their price objective on shares of US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a research report on Wednesday, September 18th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of US Foods from $72.00 to $75.00 and gave the stock a “buy” rating in a research report on Friday, August 9th. Finally, StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. 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 MarketBeat.com, US Foods has an average rating of “Buy” and an average target price of $66.82.

US Foods Trading Up 0.0 %

Shares of USFD opened at $60.74 on Friday. US Foods Holding Corp. has a twelve month low of $36.75 and a twelve month high of $63.13. The company has a current ratio of 1.29, a quick ratio of 0.81 and a debt-to-equity ratio of 0.92. The firm has a market capitalization of $14.93 billion, a P/E ratio of 29.92, a PEG ratio of 1.02 and a beta of 1.66. The firm’s 50-day moving average is $60.29 and its two-hundred day moving average is $55.35.

US Foods (NYSE:USFD) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.93 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.93. The business had revenue of $9.71 billion for the quarter, compared to analysts’ expectations of $9.62 billion. US Foods had a return on equity of 13.43% and a net margin of 1.42%. The company’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.73 EPS. On average, research analysts predict that US Foods Holding Corp. will post 2.9 earnings per share for the current fiscal year.

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.