JB Capital LLC Increases Stock Holdings in US Foods Holding Corp. (NYSE:USFD)

JB Capital LLC increased its position in shares of US Foods Holding Corp. (NYSE:USFD) by 6.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 29,065 shares of the company’s stock after acquiring an additional 1,776 shares during the period. JB Capital LLC’s holdings in US Foods were worth $1,961,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Public Sector Pension Investment Board boosted its position in shares of US Foods by 100.2% during the 3rd quarter. Public Sector Pension Investment Board now owns 6,000 shares of the company’s stock valued at $369,000 after acquiring an additional 2,500,000 shares during the last quarter. Wellington Management Group LLP lifted its position in US Foods by 25.2% during the third quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock valued at $744,548,000 after purchasing an additional 2,435,357 shares during the last quarter. Congress Asset Management Co. purchased a new position in US Foods in the 3rd quarter worth approximately $121,196,000. State Street Corp increased its holdings in shares of US Foods by 4.7% in the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company’s stock worth $433,299,000 after buying an additional 316,061 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA increased its holdings in shares of US Foods by 4.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,841,961 shares of the company’s stock worth $420,781,000 after buying an additional 291,016 shares during the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Jefferies Financial Group upped their target price on shares of US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Truist Financial raised their price objective on US Foods from $74.00 to $78.00 and gave the company a “buy” rating in a report on Thursday, January 16th. JPMorgan Chase & Co. increased their price target on shares of US Foods from $68.00 to $69.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Melius Research upgraded shares of US Foods to a “strong-buy” rating in a report on Wednesday, December 18th. Finally, UBS Group lifted their target price on shares of US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. One investment analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $68.92.

US Foods Stock Performance

NYSE:USFD opened at $71.02 on Monday. The firm’s fifty day simple moving average is $68.97 and its 200 day simple moving average is $62.90. US Foods Holding Corp. has a twelve month low of $45.24 and a twelve month high of $72.84. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01. The stock has a market cap of $16.54 billion, a P/E ratio of 30.48, a price-to-earnings-growth ratio of 0.95 and a beta of 1.67.

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.