Eagle Rock Investment Company LLC Takes Position in US Foods Holding Corp. (NYSE:USFD)

Eagle Rock Investment Company LLC acquired a new stake in US Foods Holding Corp. (NYSE:USFD - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 19,645 shares of the company's stock, valued at approximately $1,325,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Quent Capital LLC lifted its stake in shares of US Foods by 87.6% in the third quarter. Quent Capital LLC now owns 469 shares of the company's stock worth $29,000 after buying an additional 219 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in US Foods in the 2nd quarter valued at approximately $25,000. Ashton Thomas Securities LLC purchased a new stake in shares of US Foods in the 3rd quarter valued at $31,000. Huntington National Bank grew its position in US Foods by 332.5% in the 3rd quarter. Huntington National Bank now owns 532 shares of the company's stock valued at $33,000 after acquiring an additional 409 shares in the last quarter. Finally, Capital Performance Advisors LLP purchased a new stake in US Foods during the 3rd quarter worth approximately $34,000. Hedge funds and other institutional investors own 98.76% of the company's stock.

Analyst Ratings Changes

Several brokerages have weighed in on USFD. Piper Sandler upped their price target on US Foods from $61.00 to $75.00 and gave the stock an "overweight" rating in a report on Monday, November 11th. Barclays upped their target price on shares of US Foods from $71.00 to $78.00 and gave the company an "overweight" rating in a report on Friday, November 8th. Melius started coverage on shares of US Foods in a research report on Wednesday, December 18th. They issued a "buy" rating and a $12.00 price objective on the stock. Melius Research raised shares of US Foods to a "strong-buy" rating in a report on Wednesday, December 18th. Finally, StockNews.com raised US Foods from a "buy" rating to a "strong-buy" rating in a report on Thursday, October 10th. One analyst has rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $67.42.

US Foods Stock Up 0.3 %

Shares of USFD traded up $0.19 during midday trading on Friday, reaching $68.27. 298,703 shares of the company were exchanged, compared to its average volume of 1,420,801. The stock has a 50-day moving average price of $68.28 and a 200-day moving average price of $61.40. The company has a market cap of $15.90 billion, a price-to-earnings ratio of 29.33, a P/E/G ratio of 0.91 and a beta of 1.67. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. US Foods Holding Corp. has a 1-year low of $44.81 and a 1-year high of $72.84.

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.