Allianz Asset Management GmbH Has $7.12 Million Holdings in US Foods Holding Corp. $USFD

Allianz Asset Management GmbH decreased its holdings in US Foods Holding Corp. (NYSE:USFD) by 27.4% during the third quarter, Holdings Channel.com reports. The firm owned 92,881 shares of the company’s stock after selling 35,011 shares during the period. Allianz Asset Management GmbH’s holdings in US Foods were worth $7,117,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. SG Americas Securities LLC increased its stake in shares of US Foods by 323.5% during the 3rd quarter. SG Americas Securities LLC now owns 38,515 shares of the company’s stock worth $2,951,000 after purchasing an additional 29,420 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in US Foods by 55.1% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 48,709 shares of the company’s stock worth $3,732,000 after purchasing an additional 17,300 shares in the last quarter. Artisan Partners Limited Partnership boosted its holdings in US Foods by 12.4% in the second quarter. Artisan Partners Limited Partnership now owns 3,207,416 shares of the company’s stock worth $247,003,000 after purchasing an additional 354,747 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in US Foods during the third quarter worth $3,599,000. Finally, AlphaQuest LLC raised its holdings in US Foods by 187.9% during the third quarter. AlphaQuest LLC now owns 21,924 shares of the company’s stock valued at $1,680,000 after buying an additional 14,309 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Stock Down 0.3%

Shares of USFD stock opened at $90.04 on Tuesday. US Foods Holding Corp. has a 12 month low of $57.36 and a 12 month high of $91.22. The company has a quick ratio of 0.70, a current ratio of 1.15 and a debt-to-equity ratio of 1.08. The firm has a market cap of $20.07 billion, a PE ratio of 37.52, a price-to-earnings-growth ratio of 1.14 and a beta of 1.02. The stock has a 50 day moving average of $79.53 and a 200-day moving average of $77.79.

Analysts Set New Price Targets

Several analysts have recently issued reports on USFD shares. Morgan Stanley set a $92.00 price target on US Foods in a research note on Tuesday, January 20th. Wall Street Zen cut US Foods from a “buy” rating to a “hold” rating in a research report on Saturday. Barclays dropped their price target on shares of US Foods from $95.00 to $90.00 and set an “overweight” rating on the stock in a research report on Friday, November 7th. Citigroup upped their price objective on shares of US Foods from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Tuesday, January 27th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of US Foods in a research note on Monday, December 29th. Nine equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $90.00.

US Foods Company Profile

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.