Lone Pine Capital Adds $351M in US Foods Holding Corp. ($USFD)
Key Points
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Lone Pine Capital acquired a new position in US Foods Holding Corp. ($USFD), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,795,998 shares of US Foods Holding Corp.. Lone Pine Capital's holdings in US Foods Holding Corp. were worth $350.52 million as of its most recent filing.
US Foods Holding Corp. Stock Down 13.9%
Shares of US Foods Holding Corp. ($USFD) traded around $92.34 on Saturday, down 13.9% for the day.
US Foods Holding Corp. Earnings
Analysts Set New Price Targets
About US Foods Holding Corp.
US Foods Holding Corp., together with its subsidiaries, markets, sells, and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company also provides MOXe, an all-in-one foodservice business application. Its 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. The company was formerly known as USF Holding Corp. and changed its name to US Foods Holding Corp. in February 2016. US Foods Holding Corp. was incorporated in 2007 and is headquartered in Rosemont, Illinois.
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