Hantz Financial Services Inc. Makes New Investment in US Foods Holding Corp. (NYSE:USFD)

Hantz Financial Services Inc. acquired a new stake in shares of US Foods Holding Corp. (NYSE:USFD) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 174,277 shares of the company’s stock, valued at approximately $10,718,000. Hantz Financial Services Inc. owned approximately 0.07% of US Foods as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. Janus Henderson Group PLC raised its position in US Foods by 46.3% during the first quarter. Janus Henderson Group PLC now owns 162,338 shares of the company’s stock valued at $8,759,000 after purchasing an additional 51,402 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of US Foods by 6.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 162,128 shares of the company’s stock valued at $8,751,000 after buying an additional 9,652 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its position in US Foods by 121.6% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 51,452 shares of the company’s stock worth $3,164,000 after buying an additional 28,232 shares during the last quarter. Jag Capital Management LLC boosted its stake in US Foods by 3,175.1% in the third quarter. Jag Capital Management LLC now owns 169,227 shares of the company’s stock worth $10,407,000 after buying an additional 164,060 shares in the last quarter. Finally, Venturi Wealth Management LLC grew its position in US Foods by 72.0% during the third quarter. Venturi Wealth Management LLC now owns 657 shares of the company’s stock valued at $40,000 after acquiring an additional 275 shares during the last quarter. 98.76% of the stock is owned by institutional investors.

US Foods Stock Performance

Shares of USFD stock opened at $69.85 on Friday. The firm has a market capitalization of $16.27 billion, a price-to-earnings ratio of 29.98, a PEG ratio of 1.15 and a beta of 1.66. The stock has a fifty day moving average of $63.60 and a 200 day moving average of $57.75. US Foods Holding Corp. has a 52 week low of $42.96 and a 52 week high of $70.80. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01.

Insiders Place Their Bets

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of the company’s stock in a transaction that occurred 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 transaction, the chief financial officer now owns 88,563 shares in the company, valued at approximately $5,132,225.85. This represents a 10.15 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Barclays upped their price objective on shares of US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. UBS Group raised their price objective on US Foods from $67.00 to $77.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Jefferies Financial Group boosted their target price on US Foods from $66.00 to $71.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. Piper Sandler raised their price target on US Foods from $61.00 to $75.00 and gave the stock an “overweight” rating in a research report on Monday, November 11th. Finally, JPMorgan Chase & Co. boosted their price objective on US Foods from $68.00 to $69.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $71.09.

US Foods Company 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.