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

Alliance Wealth Advisors LLC UT lessened its stake in US Foods Holding Corp. (NYSE:USFDFree Report) by 6.3% during the fourth quarter, Holdings Channel reports. The firm owned 5,250 shares of the company’s stock after selling 351 shares during the period. Alliance Wealth Advisors LLC UT’s holdings in US Foods were worth $354,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Creative Planning raised its position in US Foods by 17.8% in the 2nd quarter. Creative Planning now owns 11,431 shares of the company’s stock valued at $606,000 after buying an additional 1,727 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of US Foods by 30.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,866 shares of the company’s stock valued at $99,000 after purchasing an additional 440 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of US Foods during the second quarter valued at about $353,000. Park Avenue Securities LLC purchased a new position in US Foods during the third quarter worth about $393,000. Finally, Handelsbanken Fonder AB grew its position in US Foods by 23.9% in the 3rd quarter. Handelsbanken Fonder AB now owns 52,441 shares of the company’s stock worth $3,225,000 after purchasing an additional 10,100 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Stock Up 0.7 %

US Foods stock opened at $71.81 on Wednesday. The firm has a market capitalization of $16.73 billion, a price-to-earnings ratio of 30.82, a P/E/G ratio of 0.95 and a beta of 1.67. The firm has a 50 day simple moving average of $69.04 and a 200 day simple moving average of $63.17. US Foods Holding Corp. has a 1-year low of $45.24 and a 1-year 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.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on USFD shares. StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 10th. Truist Financial upped their price objective on US Foods from $74.00 to $78.00 and gave the company a “buy” rating in a research note on Thursday, January 16th. Melius started coverage on US Foods in a research note on Wednesday, December 18th. They set a “buy” rating and a $12.00 target price on the stock. Melius Research upgraded shares of US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. One investment analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $68.92.

Get Our Latest Stock Analysis on US Foods

US Foods Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for US Foods (NYSE:USFD)

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