Curi RMB Capital LLC Sells 16,427 Shares of US Foods Holding Corp. (NYSE:USFD)

Curi RMB Capital LLC cut its stake in US Foods Holding Corp. (NYSE:USFD) by 7.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 215,144 shares of the company’s stock after selling 16,427 shares during the period. Curi RMB Capital LLC owned 0.09% of US Foods worth $13,231,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in USFD. Acadian Asset Management LLC bought a new position in shares of US Foods in the second quarter valued at $25,000. Quent Capital LLC increased its holdings in US Foods by 87.6% during the 3rd quarter. Quent Capital LLC now owns 469 shares of the company’s stock worth $29,000 after purchasing an additional 219 shares in the last quarter. International Assets Investment Management LLC bought a new stake in US Foods during the 2nd quarter worth approximately $30,000. Ashton Thomas Securities LLC purchased a new stake in shares of US Foods in the third quarter worth approximately $31,000. Finally, Huntington National Bank lifted its holdings in shares of US Foods by 332.5% in the third quarter. Huntington National Bank now owns 532 shares of the company’s stock valued at $33,000 after purchasing an additional 409 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

Insiders Place Their Bets

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of the firm’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $57.95, for a total transaction of $579,500.00. Following the completion of the sale, the chief financial officer now directly owns 88,563 shares in the company, valued at approximately $5,132,225.85. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.70% of the company’s stock.

US Foods Stock Down 0.3 %

NYSE:USFD opened at $66.82 on Thursday. US Foods Holding Corp. has a 1-year low of $42.19 and a 1-year high of $68.00. The company has a market capitalization of $15.56 billion, a PE ratio of 28.68, a P/E/G ratio of 1.12 and a beta of 1.66. The firm’s 50-day moving average price is $61.72 and its 200-day moving average price is $56.59. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72.

Analysts Set New Price Targets

USFD has been the topic of a number of analyst reports. StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. JPMorgan Chase & Co. increased their price objective on US Foods from $68.00 to $69.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Jefferies Financial Group raised their target price on US Foods from $66.00 to $71.00 and gave the stock a “buy” rating in a research note on Wednesday, September 25th. UBS Group increased their target price on shares of US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Finally, Barclays increased their price objective on US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. One research analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $71.09.

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.