APG Asset Management N.V. reduced its stake in shares of US Foods Holding Corp (NYSE:USFD) by 51.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 84,100 shares of the company’s stock after selling 90,200 shares during the quarter. APG Asset Management N.V.’s holdings in US Foods were worth $2,236,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently modified their holdings of the company. Cerebellum GP LLC purchased a new position in shares of US Foods during the fourth quarter valued at approximately $135,000. Brown Advisory Inc. purchased a new position in shares of US Foods during the third quarter valued at approximately $214,000. CrestPoint Capital Management LLC purchased a new position in shares of US Foods during the fourth quarter valued at approximately $224,000. Boothbay Fund Management LLC purchased a new position in shares of US Foods during the third quarter valued at approximately $296,000. Finally, Atria Investments LLC purchased a new position in shares of US Foods during the fourth quarter valued at approximately $307,000. Institutional investors own 96.89% of the company’s stock.
Shares of US Foods Holding Corp (NYSE USFD) opened at $31.74 on Thursday. The stock has a market cap of $6,725.07, a price-to-earnings ratio of 20.50, a PEG ratio of 0.99 and a beta of 0.86. US Foods Holding Corp has a 52-week low of $25.43 and a 52-week high of $33.91. The company has a quick ratio of 0.81, a current ratio of 1.40 and a debt-to-equity ratio of 1.31.
In other US Foods news, major shareholder Usf Co-Investor No. 2 L.P Cdr sold 19,977,773 shares of the firm’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $28.00, for a total transaction of $559,377,644.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.56% of the stock is owned by company insiders.
USFD has been the topic of several recent analyst reports. Zacks Investment Research raised shares of US Foods from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a research note on Friday, November 10th. Barclays downgraded shares of US Foods from an “overweight” rating to an “equal weight” rating and set a $32.00 price objective on the stock. in a research note on Tuesday, January 16th. Guggenheim reaffirmed a “buy” rating and set a $40.00 price target on shares of US Foods in a research note on Sunday, January 28th. Royal Bank of Canada reaffirmed a “buy” rating and set a $38.00 price target on shares of US Foods in a research note on Friday, February 2nd. Finally, Pivotal Research set a $31.00 price target on shares of US Foods and gave the stock a “hold” rating in a research note on Monday. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. US Foods currently has an average rating of “Buy” and a consensus target price of $34.00.
About US Foods
US Foods Holding Corp. is a holding company. The Company is a foodservice distributor in the United States. The Company, through US Foods, Inc (USF), markets and primarily distributes fresh, frozen and dry food and non-food products to foodservice customers throughout the United States. These 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.
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