Wealth Enhancement Advisory Services LLC Buys 18,057 Shares of US Foods Holding Corp. (NYSE:USFD)

Wealth Enhancement Advisory Services LLC increased its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 183.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 27,894 shares of the company's stock after purchasing an additional 18,057 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in US Foods were worth $1,882,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Colonial Trust Co SC acquired a new stake in US Foods during the fourth quarter worth approximately $25,000. GeoWealth Management LLC lifted its position in US Foods by 94.5% during the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company's stock worth $26,000 after acquiring an additional 189 shares during the last quarter. Legacy Investment Solutions LLC acquired a new stake in US Foods during the fourth quarter worth approximately $32,000. EverSource Wealth Advisors LLC lifted its position in US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock worth $32,000 after acquiring an additional 178 shares during the last quarter. Finally, True Wealth Design LLC lifted its position in US Foods by 153.6% during the fourth quarter. True Wealth Design LLC now owns 492 shares of the company's stock worth $33,000 after acquiring an additional 298 shares during the last quarter. Institutional investors own 98.76% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Morgan Stanley raised their price objective on shares of US Foods from $81.00 to $84.00 and gave the stock an "overweight" rating in a research report on Friday, May 9th. UBS Group lifted their price target on shares of US Foods from $83.00 to $84.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Wall Street Zen upgraded shares of US Foods from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 24th. JPMorgan Chase & Co. lifted their price target on shares of US Foods from $70.00 to $82.00 and gave the company a "neutral" rating in a research report on Tuesday, May 20th. Finally, Citigroup began coverage on shares of US Foods in a research report on Thursday, May 22nd. They issued a "buy" rating and a $95.00 price target for the company. One investment analyst has rated the stock with a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, US Foods has a consensus rating of "Buy" and an average target price of $76.75.

Insider Buying and Selling at US Foods

In other US Foods news, EVP Dirk J. Locascio sold 15,000 shares of the business's stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $75.00, for a total transaction of $1,125,000.00. Following the sale, the executive vice president now owns 115,077 shares of the company's stock, valued at approximately $8,630,775. The trade was a 11.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.60% of the company's stock.

US Foods Price Performance

USFD traded up $0.02 during trading on Tuesday, hitting $76.93. 1,447,312 shares of the stock traded hands, compared to its average volume of 2,029,971. US Foods Holding Corp. has a twelve month low of $50.05 and a twelve month high of $79.64. The company has a market cap of $17.80 billion, a price-to-earnings ratio of 38.08, a PEG ratio of 1.03 and a beta of 1.44. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. The business has a 50 day moving average price of $69.93 and a 200 day moving average price of $69.02.

US Foods (NYSE:USFD - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.68 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.01). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The firm had revenue of $9.35 billion for the quarter, compared to analyst estimates of $9.42 billion. During the same quarter in the prior year, the firm earned $0.54 earnings per share. The firm's revenue for the quarter was up 4.5% on a year-over-year basis. Equities research analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

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.