GAMMA Investing LLC Raises Holdings in US Foods Holding Corp. (NYSE:USFD)

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

Several other institutional investors have also recently made changes to their positions in USFD. Colonial Trust Co SC purchased a new position in shares of US Foods during the 4th quarter valued at $25,000. GeoWealth Management LLC raised its holdings in 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. EverSource Wealth Advisors LLC lifted its position in shares of US Foods by 59.5% in 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 in the last quarter. Legacy Investment Solutions LLC bought a new position in shares of US Foods in the fourth quarter worth about $32,000. Finally, True Wealth Design LLC grew its position in shares of US Foods by 153.6% during the fourth quarter. True Wealth Design LLC now owns 492 shares of the company's stock worth $33,000 after purchasing an additional 298 shares in the last quarter. Institutional investors own 98.76% of the company's stock.

US Foods Trading Up 0.0%

Shares of NYSE:USFD traded up $0.02 during trading on Tuesday, reaching $76.93. The company's stock had a trading volume of 1,447,312 shares, compared to its average volume of 2,029,971. The stock has a market capitalization of $17.80 billion, a PE ratio of 38.08, 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 company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06. The firm's 50 day simple moving average is $69.93 and its two-hundred day simple moving average is $69.02.

US Foods (NYSE:USFD - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.69 by ($0.01). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The business had revenue of $9.35 billion for the quarter, compared to the consensus estimate of $9.42 billion. During the same period in the prior year, the business posted $0.54 earnings per share. US Foods's revenue was up 4.5% on a year-over-year basis. On average, research analysts predict that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently commented on USFD shares. UBS Group boosted their price target on US Foods from $83.00 to $84.00 and gave the stock a "buy" rating in a report on Friday, May 9th. Truist Financial lifted their price objective on shares of US Foods from $78.00 to $80.00 and gave the company a "buy" rating in a research report on Friday, February 14th. Guggenheim restated a "buy" rating and set a $80.00 target price on shares of US Foods in a research report on Monday, May 12th. Citigroup initiated coverage on shares of US Foods in a research note on Thursday, May 22nd. They set a "buy" rating and a $95.00 target price for the company. Finally, JPMorgan Chase & Co. lifted their price target on shares of US Foods from $70.00 to $82.00 and gave the company a "neutral" rating in a report on Tuesday, May 20th. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $76.75.

Insider Buying and Selling at US Foods

In other news, EVP Dirk J. Locascio sold 15,000 shares of the firm's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $75.00, for a total transaction of $1,125,000.00. Following the transaction, the executive vice president now owns 115,077 shares in the company, valued at approximately $8,630,775. This trade represents a 11.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.60% of the stock is owned by corporate insiders.

About US Foods

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.