GAMMA Investing LLC lifted its position in US Foods Holding Corp. (NYSE:USFD – Free Report) by 34.1% in the 4th quarter, HoldingsChannel.com reports. 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 filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently added to or reduced their stakes in the company. Versant Capital Management Inc grew its holdings in US Foods by 112.2% in the fourth quarter. Versant Capital Management Inc now owns 855 shares of the company’s stock valued at $58,000 after purchasing an additional 452 shares during the period. Retirement Systems of Alabama lifted its position in shares of US Foods by 5.4% during the 3rd quarter. Retirement Systems of Alabama now owns 348,979 shares of the company’s stock valued at $21,462,000 after buying an additional 17,897 shares in the last quarter. Tidal Investments LLC grew its stake in US Foods by 105.4% in the 3rd quarter. Tidal Investments LLC now owns 13,652 shares of the company’s stock valued at $840,000 after acquiring an additional 7,004 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in US Foods in the 3rd quarter worth $83,000. Finally, Sanctuary Advisors LLC raised its position in US Foods by 107.8% during the third quarter. Sanctuary Advisors LLC now owns 14,283 shares of the company’s stock worth $878,000 after acquiring an additional 7,409 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several analysts have recently issued reports on the stock. UBS Group lifted their target price 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. Wells Fargo & Company lifted their price objective on US Foods from $66.00 to $75.00 and gave the stock an “overweight” rating in a report on Wednesday, September 18th. Jefferies Financial Group raised their target price on US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a research report on Monday, December 16th. Barclays lifted 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, JPMorgan Chase & Co. raised their price objective on US Foods from $68.00 to $69.00 and gave the company a “neutral” rating in a report on Friday, November 8th. One analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, US Foods currently has a consensus rating of “Buy” and a consensus target price of $67.08.
US Foods Price Performance
Shares of USFD stock opened at $68.13 on Thursday. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72. The company has a market capitalization of $15.87 billion, a PE ratio of 29.24, a price-to-earnings-growth ratio of 1.15 and a beta of 1.67. The firm’s 50-day moving average is $67.67 and its two-hundred day moving average is $60.83. US Foods Holding Corp. has a 12 month low of $44.81 and a 12 month high of $72.84.
US Foods 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.
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