GAMMA Investing LLC Increases Stake in US Foods Holding Corp. (NYSE:USFD)

GAMMA Investing LLC increased its holdings in US Foods Holding Corp. (NYSE:USFD) by 34.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,980 shares of the company’s stock after acquiring an additional 758 shares during the quarter. GAMMA Investing LLC’s holdings in US Foods were worth $201,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quent Capital LLC lifted its stake in shares of US Foods by 87.6% during the 3rd quarter. Quent Capital LLC now owns 469 shares of the company’s stock worth $29,000 after purchasing an additional 219 shares during the last quarter. Acadian Asset Management LLC bought a new position in US Foods in the second quarter worth about $25,000. Ashton Thomas Securities LLC purchased a new stake in shares of US Foods during the third quarter valued at about $31,000. Huntington National Bank boosted its holdings in shares of US Foods by 332.5% in the 3rd quarter. Huntington National Bank now owns 532 shares of the company’s stock valued at $33,000 after buying an additional 409 shares in the last quarter. Finally, Capital Performance Advisors LLP purchased a new position in shares of US Foods in the 3rd quarter worth approximately $34,000. 98.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. JPMorgan Chase & Co. raised their target price on shares of US Foods from $68.00 to $69.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Wells Fargo & Company boosted their target price on US Foods from $66.00 to $75.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 18th. Truist Financial increased their price target on US Foods from $66.00 to $74.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Barclays boosted their price target on US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Finally, UBS Group increased their price objective on shares of US Foods from $67.00 to $77.00 and gave the company a “buy” rating in a research report on Friday, November 8th. One research analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, US Foods has an average rating of “Buy” and an average price target of $67.08.

US Foods Stock Up 1.4 %

NYSE:USFD opened at $68.13 on Thursday. The firm has a market capitalization of $15.87 billion, a P/E ratio of 29.24, a PEG ratio of 1.15 and a beta of 1.67. The company’s fifty day moving average price is $67.67 and its 200-day moving average price is $60.83. US Foods Holding Corp. has a 1-year low of $44.81 and a 1-year high of $72.84. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72.

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.