US Foods Holding Corp. (NYSE:USFD) Shares Sold by Factory Mutual Insurance Co.

Factory Mutual Insurance Co. cut its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 17.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 404,100 shares of the company’s stock after selling 82,500 shares during the period. Factory Mutual Insurance Co. owned approximately 0.17% of US Foods worth $27,261,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wellington Management Group LLP increased its holdings in US Foods by 25.2% during the 3rd quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock worth $744,548,000 after purchasing an additional 2,435,357 shares during the last quarter. State Street Corp increased its holdings in US Foods by 4.7% during the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company’s stock worth $433,299,000 after purchasing an additional 316,061 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in US Foods by 4.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,841,961 shares of the company’s stock worth $420,781,000 after purchasing an additional 291,016 shares during the last quarter. Geode Capital Management LLC increased its holdings in US Foods by 6.5% during the 3rd quarter. Geode Capital Management LLC now owns 3,972,930 shares of the company’s stock worth $244,401,000 after purchasing an additional 241,900 shares during the last quarter. Finally, Congress Asset Management Co. purchased a new stake in US Foods during the 3rd quarter worth approximately $121,196,000. 98.76% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Jefferies Financial Group lifted their price objective on US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Morgan Stanley lifted their price objective on US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. Melius Research upgraded US Foods to a “strong-buy” rating in a report on Wednesday, December 18th. Finally, UBS Group boosted their price target on US Foods from $67.00 to $77.00 and gave the company a “buy” rating in a report on Friday, November 8th. One analyst has rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, US Foods currently has a consensus rating of “Buy” and an average price target of $68.92.

US Foods Price Performance

Shares of NYSE USFD opened at $71.02 on Friday. US Foods Holding Corp. has a 1-year low of $45.24 and a 1-year high of $72.84. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72. The business’s fifty day moving average price is $68.97 and its two-hundred day moving average price is $62.77. The firm has a market capitalization of $16.54 billion, a PE ratio of 30.48, a P/E/G ratio of 0.96 and a beta of 1.67.

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.