MML Investors Services LLC Makes New Investment in US Foods Holding Corp. (NYSE:USFD)

MML Investors Services LLC acquired a new stake in shares of US Foods Holding Corp. (NYSE:USFD) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 8,253 shares of the company’s stock, valued at approximately $508,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in USFD. Acadian Asset Management LLC purchased a new position in shares of US Foods in the 2nd quarter valued at approximately $25,000. Quent Capital LLC lifted its position in US Foods by 87.6% during the third quarter. Quent Capital LLC now owns 469 shares of the company’s stock valued at $29,000 after buying an additional 219 shares during the period. International Assets Investment Management LLC bought a new stake in shares of US Foods during the 2nd quarter valued at $30,000. Ashton Thomas Securities LLC purchased a new stake in shares of US Foods in the 3rd quarter worth about $31,000. Finally, Huntington National Bank increased its stake in shares of US Foods by 332.5% in the 3rd quarter. Huntington National Bank now owns 532 shares of the company’s stock worth $33,000 after acquiring an additional 409 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Stock Performance

Shares of NYSE USFD opened at $67.69 on Monday. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01. The firm’s 50-day moving average price is $66.20 and its 200-day moving average price is $59.59. US Foods Holding Corp. has a 52-week low of $44.39 and a 52-week high of $72.84. The company has a market cap of $15.77 billion, a PE ratio of 29.05, a PEG ratio of 1.15 and a beta of 1.68.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Melius began coverage on shares of US Foods in a research note on Wednesday, December 18th. They set a “buy” rating and a $12.00 price objective on the stock. StockNews.com raised US Foods from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 10th. Melius Research raised US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. UBS Group lifted their price objective on US Foods from $67.00 to $77.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Finally, Truist Financial increased their target price on US Foods from $66.00 to $74.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, US Foods has a consensus rating of “Buy” and a consensus target price of $67.08.

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.