4,718 Shares in US Foods Holding Corp. (NYSE:USFD) Bought by Camden National Bank

Camden National Bank acquired a new stake in US Foods Holding Corp. (NYSE:USFD) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,718 shares of the company’s stock, valued at approximately $290,000.

A number of other large investors also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA boosted its holdings in shares of US Foods by 46.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,550,945 shares of the company’s stock valued at $347,069,000 after acquiring an additional 2,064,321 shares in the last quarter. Congress Asset Management Co. purchased a new stake in US Foods in the 3rd quarter valued at approximately $121,196,000. Interval Partners LP raised its stake in shares of US Foods by 371.2% during the 2nd quarter. Interval Partners LP now owns 1,866,842 shares of the company’s stock worth $98,905,000 after buying an additional 1,470,630 shares in the last quarter. Ensign Peak Advisors Inc lifted its holdings in shares of US Foods by 175.8% in the 2nd quarter. Ensign Peak Advisors Inc now owns 1,090,291 shares of the company’s stock valued at $57,764,000 after buying an additional 694,999 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of US Foods by 14.3% in the second quarter. Dimensional Fund Advisors LP now owns 4,528,776 shares of the company’s stock valued at $239,940,000 after buying an additional 567,601 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Price Performance

Shares of NYSE:USFD opened at $69.44 on Friday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19. The business’s fifty day moving average price is $62.72 and its two-hundred day moving average price is $57.18. The stock has a market cap of $16.18 billion, a PE ratio of 29.80, a price-to-earnings-growth ratio of 1.12 and a beta of 1.66. US Foods Holding Corp. has a one year low of $42.80 and a one year high of $69.69.

Analyst Ratings Changes

USFD has been the subject of a number of recent analyst reports. Piper Sandler raised their target price on US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a report on Monday, November 11th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of US Foods from $72.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, August 9th. StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. Barclays increased their target price on shares of US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Finally, Truist Financial boosted their price target on US Foods from $66.00 to $74.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $71.09.

Insider Activity at US Foods

In related news, CFO Dirk J. Locascio sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The shares were 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 of the company’s stock, valued at approximately $5,132,225.85. This represents a 10.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.70% of the company’s stock.

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.