Triangle Securities Wealth Management Has $1.24 Million Stock Holdings in US Foods Holding Corp. (NYSE:USFD)

Triangle Securities Wealth Management decreased its position in US Foods Holding Corp. (NYSE:USFD) by 3.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 18,341 shares of the company’s stock after selling 658 shares during the period. Triangle Securities Wealth Management’s holdings in US Foods were worth $1,237,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

USFD has been the subject of several recent research reports. UBS Group increased their target price on shares of US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Barclays increased their price target on US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Melius Research upgraded shares of US Foods to a “strong-buy” rating in a report on Wednesday, December 18th. JPMorgan Chase & Co. upped their price target 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. Finally, StockNews.com raised shares of 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 assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, US Foods currently has an average rating of “Buy” and a consensus price target of $67.42.

US Foods Stock Performance

USFD opened at $68.41 on Friday. The firm has a market cap of $15.93 billion, a P/E ratio of 29.36, a price-to-earnings-growth ratio of 0.91 and a beta of 1.67. The business’s fifty day moving average is $68.31 and its 200-day moving average is $61.57. US Foods Holding Corp. has a 52-week low of $44.81 and a 52-week high of $72.84. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19.

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.