MML Investors Services LLC Invests $508,000 in US Foods Holding Corp. (NYSE:USFD)

MML Investors Services LLC purchased a new position in US Foods Holding Corp. (NYSE:USFD - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 8,253 shares of the company's stock, valued at approximately $508,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of Montreal Can boosted its holdings in US Foods by 0.3% in the 3rd quarter. Bank of Montreal Can now owns 66,848 shares of the company's stock worth $4,022,000 after buying an additional 171 shares during the period. Davis Investment Partners LLC lifted its position in shares of US Foods by 0.7% in the third quarter. Davis Investment Partners LLC now owns 28,864 shares of the company's stock valued at $1,775,000 after acquiring an additional 193 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in shares of US Foods by 54.2% in the third quarter. First Horizon Advisors Inc. now owns 575 shares of the company's stock worth $35,000 after acquiring an additional 202 shares during the period. Quent Capital LLC grew its position in shares of US Foods by 87.6% during the third quarter. Quent Capital LLC now owns 469 shares of the company's stock worth $29,000 after purchasing an additional 219 shares in the last quarter. Finally, CIBC Asset Management Inc raised its stake in US Foods by 3.3% during the 3rd quarter. CIBC Asset Management Inc now owns 7,096 shares of the company's stock valued at $436,000 after purchasing an additional 226 shares during the period. Hedge funds and other institutional investors own 98.76% of the company's stock.

Analysts Set New Price Targets

Several research firms recently weighed in on USFD. Wells Fargo & Company raised their target price on shares of US Foods from $66.00 to $75.00 and gave the company an "overweight" rating in a research note on Wednesday, September 18th. Melius Research upgraded US Foods to a "strong-buy" rating in a research report on Wednesday, December 18th. Truist Financial boosted their target price on US Foods from $66.00 to $74.00 and gave the stock a "buy" rating in a research report on Friday, November 8th. Melius initiated coverage on US Foods in a report on Wednesday, December 18th. They set a "buy" rating and a $12.00 price target for the company. Finally, UBS Group upped their price objective on US Foods from $67.00 to $77.00 and gave the stock a "buy" rating in a report 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 given a strong buy rating to the company's stock. According to MarketBeat.com, US Foods presently has an average rating of "Buy" and a consensus price target of $67.08.

US Foods Stock Up 0.3 %

Shares of USFD traded up $0.17 during mid-day trading on Monday, hitting $67.86. The company's stock had a trading volume of 1,523,261 shares, compared to its average volume of 1,832,974. The firm has a market capitalization of $15.81 billion, a price-to-earnings ratio of 29.12, a PEG ratio of 1.15 and a beta of 1.68. The company's 50-day moving average is $66.20 and its 200-day moving average is $59.59. 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 52-week low of $44.81 and a 52-week 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.