US Foods Holding Corp. (NYSE:USFD) Shares Sold by Oliver Luxxe Assets LLC

Oliver Luxxe Assets LLC decreased its holdings in US Foods Holding Corp. (NYSE:USFD) by 25.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 49,804 shares of the company’s stock after selling 17,188 shares during the quarter. Oliver Luxxe Assets LLC’s holdings in US Foods were worth $3,360,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Everence Capital Management Inc. bought a new position in US Foods in the 4th quarter valued at about $468,000. GAMMA Investing LLC boosted its holdings in shares of US Foods by 34.1% in the fourth quarter. GAMMA Investing LLC now owns 2,980 shares of the company’s stock valued at $201,000 after acquiring an additional 758 shares in the last quarter. Versant Capital Management Inc increased its stake in shares of US Foods by 112.2% during the fourth quarter. Versant Capital Management Inc now owns 855 shares of the company’s stock valued at $58,000 after acquiring an additional 452 shares during the period. Retirement Systems of Alabama raised its holdings in US Foods by 5.4% during the third quarter. Retirement Systems of Alabama now owns 348,979 shares of the company’s stock worth $21,462,000 after purchasing an additional 17,897 shares in the last quarter. Finally, Tidal Investments LLC raised its holdings in US Foods by 105.4% during the third quarter. Tidal Investments LLC now owns 13,652 shares of the company’s stock worth $840,000 after purchasing an additional 7,004 shares in the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

US Foods Stock Down 1.5 %

Shares of NYSE USFD traded down $1.03 during mid-day trading on Monday, reaching $66.95. The company had a trading volume of 673,468 shares, compared to its average volume of 889,717. The stock has a fifty day moving average of $67.44 and a two-hundred day moving average of $60.59. US Foods Holding Corp. has a 12-month low of $44.81 and a 12-month high of $72.84. The company has a market capitalization of $15.60 billion, a price-to-earnings ratio of 28.73, a PEG ratio of 1.15 and a beta of 1.67. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on USFD shares. Melius Research upgraded US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. JPMorgan Chase & Co. lifted their target price on US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Jefferies Financial Group upped their price target on shares of US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a report on Monday, December 16th. Truist Financial lifted their price objective on shares of US Foods from $66.00 to $74.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Finally, UBS Group increased their target price on shares of US Foods from $67.00 to $77.00 and gave the company a “buy” rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $67.08.

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.