GAMMA Investing LLC Invests $41,000 in US Foods Holding Corp. (NYSE:USFD)

GAMMA Investing LLC bought a new position in shares of US Foods Holding Corp. (NYSE:USFD) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 881 shares of the company’s stock, valued at approximately $41,000.

Several other large investors have also made changes to their positions in USFD. Blue Trust Inc. acquired a new position in US Foods in the 4th quarter valued at $30,000. Fifth Third Bancorp raised its stake in US Foods by 36.1% in the 3rd quarter. Fifth Third Bancorp now owns 1,191 shares of the company’s stock valued at $47,000 after purchasing an additional 316 shares during the last quarter. Anchor Investment Management LLC acquired a new position in US Foods in the 4th quarter valued at $47,000. DekaBank Deutsche Girozentrale acquired a new position in US Foods in the 3rd quarter valued at $61,000. Finally, Global Retirement Partners LLC raised its stake in US Foods by 95.0% in the 4th quarter. Global Retirement Partners LLC now owns 1,564 shares of the company’s stock valued at $72,000 after purchasing an additional 762 shares during the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

US Foods Stock Performance

NYSE USFD opened at $51.40 on Friday. The stock has a market cap of $12.61 billion, a PE ratio of 25.45, a P/E/G ratio of 0.85 and a beta of 1.58. The company has a current ratio of 1.30, a quick ratio of 0.78 and a debt-to-equity ratio of 0.96. US Foods Holding Corp. has a twelve month low of $35.66 and a twelve month high of $54.94. The stock has a fifty day simple moving average of $52.11 and a 200-day simple moving average of $46.95.

US Foods (NYSE:USFD) last announced its earnings results on Thursday, February 15th. The company reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.04). US Foods had a net margin of 1.42% and a return on equity of 13.41%. The firm had revenue of $8.94 billion for the quarter, compared to analysts’ expectations of $8.81 billion. Equities analysts anticipate that US Foods Holding Corp. will post 2.92 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently commented on USFD. BTIG Research increased their price objective on US Foods from $52.00 to $62.00 and gave the company a “buy” rating in a research note on Tuesday, March 19th. Piper Sandler raised US Foods from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $45.00 to $59.00 in a research note on Tuesday, February 20th. StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a report on Friday, February 23rd. Morgan Stanley upped their target price on US Foods from $60.00 to $62.00 and gave the company an “overweight” rating in a report on Friday, April 12th. Finally, Truist Financial upped their target price on US Foods from $52.00 to $57.00 and gave the company a “buy” rating in a report on Tuesday, February 20th. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, US Foods has an average rating of “Buy” and a consensus target price of $54.92.

Insider Activity at US Foods

In related news, EVP David A. Rickard sold 50,000 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $52.52, for a total transaction of $2,626,000.00. Following the completion of the transaction, the executive vice president now directly owns 148,561 shares in the company, valued at approximately $7,802,423.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.70% of the stock is currently owned by company insiders.

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.