US Foods (NYSE:USFD) Given New $82.00 Price Target at Jefferies Financial Group

US Foods (NYSE:USFD) had its price target increased by Jefferies Financial Group from $79.00 to $82.00 in a research note released on Monday,Benzinga reports. They currently have a buy rating on the stock.

A number of other analysts have also recently weighed in on the company. Piper Sandler raised their price target on US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a research note on Monday, November 11th. UBS Group boosted their target price on US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. StockNews.com raised US Foods from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. Barclays raised their price objective on shares of US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Finally, JPMorgan Chase & Co. upped their target price on shares of US Foods from $68.00 to $69.00 and gave the company a “neutral” rating in a report on Friday, November 8th. One research analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $67.08.

US Foods Price Performance

Shares of USFD opened at $66.72 on Monday. The firm has a market capitalization of $15.54 billion, a price-to-earnings ratio of 28.64, a PEG ratio of 1.15 and a beta of 1.68. The firm’s fifty day simple moving average is $65.84 and its 200-day simple moving average is $59.29. US Foods has a twelve month low of $43.82 and a twelve month high of $72.84. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Wellington Management Group LLP increased its holdings in shares of US Foods by 25.2% in the third quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock valued at $744,548,000 after purchasing an additional 2,435,357 shares during the period. Victory Capital Management Inc. increased its stake in US Foods by 5.1% in the 2nd quarter. Victory Capital Management Inc. now owns 10,383,374 shares of the company’s stock valued at $550,111,000 after buying an additional 500,129 shares during the period. State Street Corp raised its position 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 buying an additional 316,061 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position 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 buying an additional 291,016 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of US Foods by 14.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,528,776 shares of the company’s stock worth $239,940,000 after acquiring an additional 567,601 shares during the period. 98.76% of the stock is currently owned by institutional investors and hedge funds.

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.