The stock of US Foods Holding Corp (NYSE:USFD) is a huge mover today! About 446,737 shares traded hands. US Foods Holding Corp (NYSE:USFD) has risen 6.00% since October 17, 2016 and is uptrending. It has outperformed by 1.31% the S&P500.
The move comes after 8 months positive chart setup for the $5.31 billion company. It was reported on Nov, 16 by Barchart.com. We have $29.66 PT which if reached, will make NYSE:USFD worth $1.22 billion more.
According to Zacks Investment Research, “US Foods Holding Corp. is a foodservice distributor. The company serves independent and multi-unit restaurants, healthcare and hospitality entities, government and educational institutions. US Foods Holding Corp. is headquartered in Rosemont, Ill.”
More notable recent US Foods Holding Corp (NYSE:USFD) news were published by: Reuters.com which released: “BRIEF-Omega Advisors dissolves stake in US Foods Holding Corp” on November 14, 2016, also Wsj.com with their article: “US Foods to Cut Jobs Amid Corporate Restructuring” published on October 21, 2016, Businesswire.com published: “US Foods Reports Third Quarter Fiscal 2016 Earnings” on November 08, 2016. More interesting news about US Foods Holding Corp (NYSE:USFD) were released by: Cnbc.com and their article: “Cramer: Know your IPOâ€”Why the hot US Foods IPO may not be worth an investment” published on June 01, 2016 as well as Marketwatch.com‘s news article titled: “US Foods Holding Corp.” with publication date: February 24, 2016.
USFD Company Profile
US Foods Holding Corp. is a holding company. The Company, through its subsidiary, US Foods, Inc. (USF), is involved in marketing and distributing fresh, frozen and dry food, and non-food products to foodservice clients across the United States. The Firm serves various customers, which 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. The Firm operates a network of approximately 60 distribution facilities and a fleet of approximately 6,000 trucks.
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