GAMMA Investing LLC Acquires 223,381 Shares of US Foods Holding Corp. (NYSE:USFD)

GAMMA Investing LLC increased its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 7,496.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 226,361 shares of the company's stock after acquiring an additional 223,381 shares during the quarter. GAMMA Investing LLC owned approximately 0.10% of US Foods worth $14,818,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Arizona State Retirement System increased its stake in shares of US Foods by 0.3% in the fourth quarter. Arizona State Retirement System now owns 67,426 shares of the company's stock valued at $4,549,000 after purchasing an additional 170 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock valued at $32,000 after acquiring an additional 178 shares during the period. GeoWealth Management LLC increased its stake in shares of US Foods by 94.5% during the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company's stock valued at $26,000 after acquiring an additional 189 shares during the period. Vestcor Inc increased its stake in shares of US Foods by 1.0% during the fourth quarter. Vestcor Inc now owns 20,200 shares of the company's stock valued at $1,363,000 after acquiring an additional 195 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its stake in shares of US Foods by 2.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 8,724 shares of the company's stock valued at $588,000 after acquiring an additional 206 shares during the period. Institutional investors and hedge funds own 98.76% of the company's stock.

Analysts Set New Price Targets

Several research firms have issued reports on USFD. UBS Group lifted their price target on shares of US Foods from $83.00 to $84.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Guggenheim restated a "buy" rating and issued a $80.00 price target on shares of US Foods in a research report on Monday, May 12th. 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. Piper Sandler lifted their price target on shares of US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 18th. Finally, Truist Financial raised their price objective on shares of US Foods from $78.00 to $80.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $76.75.

US Foods Stock Up 0.2%

US Foods stock traded up $0.18 during mid-day trading on Friday, reaching $77.79. The company's stock had a trading volume of 1,253,621 shares, compared to its average volume of 2,032,785. The company has a market capitalization of $18.00 billion, a price-to-earnings ratio of 38.51, a price-to-earnings-growth ratio of 1.03 and a beta of 1.44. US Foods Holding Corp. has a 12 month low of $50.05 and a 12 month high of $79.64. The business's 50 day simple moving average is $69.49 and its 200 day simple moving average is $68.89. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21.

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 analysts' consensus estimates of $0.69 by ($0.01). The firm had revenue of $9.35 billion during the quarter, compared to the consensus estimate of $9.42 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. The business's revenue was up 4.5% on a year-over-year basis. During the same period last year, the business earned $0.54 EPS. As a group, research analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Dirk J. Locascio sold 15,000 shares of the business's stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $75.00, for a total value of $1,125,000.00. Following the completion of the transaction, the executive vice president now directly owns 115,077 shares in the company, valued at approximately $8,630,775. The trade was a 11.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.60% of the company's stock.

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.