SG Americas Securities LLC Buys 5,887 Shares of US Foods Holding Corp. (NYSE:USFD)

SG Americas Securities LLC increased its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 175.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,242 shares of the company's stock after buying an additional 5,887 shares during the quarter. SG Americas Securities LLC's holdings in US Foods were worth $623,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in USFD. Legacy Wealth Asset Management LLC raised its stake in shares of US Foods by 4.0% during the fourth quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company's stock valued at $279,000 after acquiring an additional 160 shares during the last quarter. Bank of Montreal Can boosted its stake in US Foods by 0.3% during the third quarter. Bank of Montreal Can now owns 66,848 shares of the company's stock worth $4,022,000 after acquiring an additional 171 shares in the last quarter. Davis Investment Partners LLC grew its stake in shares of US Foods by 0.7% in the 3rd quarter. Davis Investment Partners LLC now owns 28,864 shares of the company's stock valued at $1,775,000 after buying an additional 193 shares during the period. First Horizon Advisors Inc. increased its holdings in shares of US Foods by 54.2% during the third quarter. First Horizon Advisors Inc. now owns 575 shares of the company's stock valued at $35,000 after acquiring an additional 202 shares in the last quarter. Finally, Quent Capital LLC grew its holdings in shares of 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 last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently issued reports on USFD shares. JPMorgan Chase & Co. lifted their target price on US Foods from $68.00 to $69.00 and gave the company a "neutral" rating in a research report on Friday, November 8th. Barclays boosted their target price on US Foods from $71.00 to $78.00 and gave the company an "overweight" rating in a research note on Friday, November 8th. Melius began coverage on US Foods in a research note on Wednesday, December 18th. They issued a "buy" rating and a $12.00 price objective on the stock. Piper Sandler lifted their price objective on shares of US Foods from $61.00 to $75.00 and gave the company an "overweight" rating in a research note on Monday, November 11th. Finally, UBS Group increased their price target on shares of US Foods from $67.00 to $77.00 and gave the stock a "buy" rating in a report on Friday, November 8th. One investment analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $68.92.

US Foods Trading Down 1.0 %

USFD stock traded down $0.70 during trading on Friday, hitting $71.02. 1,795,929 shares of the company traded hands, compared to its average volume of 1,357,781. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19. US Foods Holding Corp. has a 1 year low of $45.24 and a 1 year high of $72.84. The company has a 50-day moving average of $68.97 and a 200-day moving average of $62.90. The firm has a market capitalization of $16.54 billion, a PE ratio of 30.48, a P/E/G ratio of 0.96 and a beta of 1.67.

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.