US Foods Holding Corp (USFD) Holdings Lowered by Cornerstone Capital Management Holdings LLC.
Cornerstone Capital Management Holdings LLC. lowered its position in shares of US Foods Holding Corp (NYSE:USFD) by 86.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,703 shares of the company’s stock after selling 41,962 shares during the quarter. Cornerstone Capital Management Holdings LLC.’s holdings in US Foods were worth $178,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently bought and sold shares of the company. Strategic Global Advisors LLC increased its stake in shares of US Foods by 49.7% during the 3rd quarter. Strategic Global Advisors LLC now owns 12,098 shares of the company’s stock worth $323,000 after purchasing an additional 4,016 shares during the last quarter. Brown Advisory Inc. purchased a new stake in shares of US Foods during the 3rd quarter worth approximately $214,000. Envestnet Asset Management Inc. increased its stake in shares of US Foods by 180.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 14,093 shares of the company’s stock worth $375,000 after purchasing an additional 9,071 shares during the last quarter. Boothbay Fund Management LLC purchased a new stake in shares of US Foods during the 3rd quarter worth approximately $296,000. Finally, PEAK6 Investments L.P. purchased a new stake in shares of US Foods during the 3rd quarter worth approximately $528,000. 96.91% of the stock is currently owned by hedge funds and other institutional investors.
In related news, major shareholder Usf Co-Investor No. 2 L.P Cdr sold 19,977,773 shares of US Foods stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $28.00, for a total value of $559,377,644.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.56% of the stock is currently owned by insiders.
US Foods Holding Corp (NYSE:USFD) opened at $31.76 on Friday. US Foods Holding Corp has a one year low of $25.43 and a one year high of $31.84. The firm has a market cap of $7,026.16, a P/E ratio of 27.15, a P/E/G ratio of 1.80 and a beta of 1.38. The company has a quick ratio of 0.81, a current ratio of 1.40 and a debt-to-equity ratio of 1.31.
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About US Foods
US Foods Holding Corp. is a holding company. The Company is a foodservice distributor in the United States. The Company, through US Foods, Inc (USF), markets and primarily distributes fresh, frozen and dry food and non-food products to foodservice customers throughout the United States. These 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.
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