Aurora Investment Counsel Acquires New Holdings in US Foods Holding Corp. (NYSE:USFD)

Aurora Investment Counsel bought a new position in US Foods Holding Corp. (NYSE:USFD) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 25,597 shares of the company’s stock, valued at approximately $1,574,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Boston Partners boosted its position in US Foods by 3.5% during the first quarter. Boston Partners now owns 16,527,901 shares of the company’s stock worth $891,073,000 after purchasing an additional 566,277 shares during the period. Victory Capital Management Inc. boosted its position in US Foods by 5.1% during the second quarter. Victory Capital Management Inc. now owns 10,383,374 shares of the company’s stock worth $550,111,000 after purchasing an additional 500,129 shares during the period. Massachusetts Financial Services Co. MA boosted its position in US Foods by 46.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 6,550,945 shares of the company’s stock worth $347,069,000 after purchasing an additional 2,064,321 shares during the period. Dimensional Fund Advisors LP boosted its position in US Foods by 14.3% during the second quarter. Dimensional Fund Advisors LP now owns 4,528,776 shares of the company’s stock worth $239,940,000 after purchasing an additional 567,601 shares during the period. Finally, Congress Asset Management Co. bought a new stake in shares of US Foods in the third quarter valued at approximately $121,196,000. Institutional investors own 98.76% of the company’s stock.

US Foods Stock Performance

Shares of NYSE USFD opened at $66.56 on Thursday. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. The business has a fifty day simple moving average of $62.37 and a 200 day simple moving average of $57.04. US Foods Holding Corp. has a one year low of $42.19 and a one year high of $68.00. The firm has a market capitalization of $15.50 billion, a price-to-earnings ratio of 28.57, a PEG ratio of 1.10 and a beta of 1.66.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. StockNews.com raised US Foods from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 10th. Piper Sandler increased their price objective on US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a research report on Monday, November 11th. Wells Fargo & Company increased their price objective on US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a research report on Wednesday, September 18th. Barclays increased their price objective on US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Finally, UBS Group increased their price objective on US Foods from $67.00 to $77.00 and gave the company a “buy” 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 issued a strong buy rating to the stock. According to data from MarketBeat, US Foods presently has an average rating of “Buy” and an average price target of $71.09.

Insiders Place Their Bets

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of the stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $57.95, for a total transaction of $579,500.00. Following the completion of the transaction, the chief financial officer now directly owns 88,563 shares in the company, valued at $5,132,225.85. This represents a 10.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.70% of the company’s stock.

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.