Alliance Wealth Advisors LLC UT Sells 351 Shares of US Foods Holding Corp. (NYSE:USFD)

Alliance Wealth Advisors LLC UT reduced its holdings in US Foods Holding Corp. (NYSE:USFD) by 6.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 5,250 shares of the company’s stock after selling 351 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in US Foods were worth $354,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Retirement Systems of Alabama increased its holdings in US Foods by 5.4% in the third quarter. Retirement Systems of Alabama now owns 348,979 shares of the company’s stock valued at $21,462,000 after purchasing an additional 17,897 shares during the period. State Street Corp increased its stake in shares of US Foods by 4.7% in the third quarter. State Street Corp now owns 7,045,514 shares of the company’s stock valued at $433,299,000 after buying an additional 316,061 shares during the period. Oppenheimer Asset Management Inc. raised its position in shares of US Foods by 121.6% during the third quarter. Oppenheimer Asset Management Inc. now owns 51,452 shares of the company’s stock worth $3,164,000 after acquiring an additional 28,232 shares during the last quarter. Jag Capital Management LLC lifted its stake in shares of 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 acquiring an additional 164,060 shares during the period. Finally, Venturi Wealth Management LLC boosted its holdings in US Foods by 72.0% in 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. Institutional investors own 98.76% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on USFD. JPMorgan Chase & Co. raised their price target on shares of US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Morgan Stanley boosted their target price on shares of US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. UBS Group increased their price target on US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Barclays boosted their price objective on US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Finally, Melius Research raised US Foods to a “strong-buy” rating in a research note on Wednesday, December 18th. One equities research analyst has rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, US Foods presently has a consensus rating of “Buy” and a consensus price target of $68.92.

US Foods Price Performance

Shares of NYSE:USFD opened at $71.81 on Wednesday. US Foods Holding Corp. has a twelve month low of $45.24 and a twelve month high of $72.84. The stock’s 50 day moving average is $69.04 and its 200-day moving average is $63.17. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01. The firm has a market capitalization of $16.73 billion, a price-to-earnings ratio of 30.82, a PEG ratio of 0.95 and a beta of 1.67.

About US Foods

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.