US Foods Holding Corp. (NYSE:USFD) Shares Bought by Retirement Systems of Alabama

Retirement Systems of Alabama grew its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 5.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 348,979 shares of the company's stock after acquiring an additional 17,897 shares during the quarter. Retirement Systems of Alabama owned about 0.15% of US Foods worth $21,462,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in USFD. Quent Capital LLC lifted its holdings in US Foods by 87.6% during the third quarter. Quent Capital LLC now owns 469 shares of the company's stock worth $29,000 after buying an additional 219 shares during the period. Acadian Asset Management LLC bought a new stake in shares of US Foods in the 2nd quarter valued at about $25,000. Ashton Thomas Securities LLC purchased a new position in shares of US Foods in the 3rd quarter worth approximately $31,000. Huntington National Bank boosted its stake in US Foods by 332.5% in the third quarter. Huntington National Bank now owns 532 shares of the company's stock valued at $33,000 after acquiring an additional 409 shares in the last quarter. Finally, Capital Performance Advisors LLP acquired a new position in shares of US Foods during the third quarter worth $34,000. Institutional investors own 98.76% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. StockNews.com raised shares of US Foods from a "buy" rating to a "strong-buy" rating in a report on Thursday, October 10th. Wells Fargo & Company raised their price target on shares of US Foods from $66.00 to $75.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 18th. Truist Financial increased 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. Barclays increased their price target on US Foods from $71.00 to $78.00 and gave the stock an "overweight" rating in a research report on Friday, November 8th. Finally, JPMorgan Chase & Co. upped their target price on US Foods from $68.00 to $69.00 and gave the stock a "neutral" rating in a research note on Friday, November 8th. One investment analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $71.09.

US Foods Stock Performance

Shares of USFD stock traded up $0.54 during mid-day trading on Friday, hitting $69.50. The stock had a trading volume of 1,648,842 shares, compared to its average volume of 1,835,168. The firm has a market cap of $16.19 billion, a PE ratio of 29.83, a PEG ratio of 1.15 and a beta of 1.68. US Foods Holding Corp. has a fifty-two week low of $43.24 and a fifty-two week high of $72.84. The company's 50-day simple moving average is $65.54 and its 200-day simple moving average is $59.06. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72.

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.