Oliver Luxxe Assets LLC Reduces Stock Holdings in US Foods Holding Corp. (NYSE:USFD)

Oliver Luxxe Assets LLC reduced its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 25.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 49,804 shares of the company's stock after selling 17,188 shares during the period. Oliver Luxxe Assets LLC's holdings in US Foods were worth $3,360,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in USFD. Wellington Management Group LLP raised its holdings in US Foods by 25.2% in the third quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company's stock valued at $744,548,000 after acquiring an additional 2,435,357 shares in the last quarter. State Street Corp grew its stake in shares of US Foods by 4.7% during the third quarter. State Street Corp now owns 7,045,514 shares of the company's stock worth $433,299,000 after purchasing an additional 316,061 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in US Foods by 4.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,841,961 shares of the company's stock worth $420,781,000 after buying an additional 291,016 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in US Foods by 14.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,528,776 shares of the company's stock worth $239,940,000 after buying an additional 567,601 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of US Foods by 6.5% during the 3rd quarter. Geode Capital Management LLC now owns 3,972,930 shares of the company's stock worth $244,401,000 after acquiring an additional 241,900 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Melius assumed coverage on US Foods in a research note on Wednesday, December 18th. They set a "buy" rating and a $12.00 target price for the company. Piper Sandler boosted their price objective on shares of US Foods from $61.00 to $75.00 and gave the stock an "overweight" rating in a research report on Monday, November 11th. Jefferies Financial Group increased their target price on shares of US Foods from $79.00 to $82.00 and gave the company a "buy" rating in a research report on Monday, December 16th. Barclays boosted their price target on shares of US Foods from $71.00 to $78.00 and gave the company an "overweight" rating in a research report on Friday, November 8th. Finally, StockNews.com upgraded US Foods from a "buy" rating to a "strong-buy" rating in a research report on Thursday, October 10th. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $67.08.

US Foods Stock Performance

Shares of US Foods stock traded down $1.06 on Monday, reaching $66.92. 1,253,210 shares of the stock were exchanged, compared to its average volume of 1,102,503. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. The firm has a market capitalization of $15.59 billion, a PE ratio of 28.72, a PEG ratio of 1.15 and a beta of 1.67. US Foods Holding Corp. has a 1-year low of $44.81 and a 1-year high of $72.84. The business has a fifty day moving average price of $67.56 and a two-hundred day moving average price of $60.74.

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.