US Foods Holding Corp. (NYSE:USFD) Shares Sold by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC decreased its position in shares of US Foods Holding Corp. (NYSE:USFD) by 14.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,153 shares of the company’s stock after selling 12,276 shares during the quarter. Gateway Investment Advisers LLC’s holdings in US Foods were worth $5,070,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Acadian Asset Management LLC acquired a new stake in shares of US Foods in the second quarter valued at approximately $25,000. Quent Capital LLC grew its position in shares of US Foods by 87.6% in the third quarter. Quent Capital LLC now owns 469 shares of the company’s stock valued at $29,000 after purchasing an additional 219 shares during the period. Ashton Thomas Securities LLC purchased a new stake in US Foods in the 3rd quarter valued at about $31,000. Huntington National Bank increased its position in US Foods by 332.5% during the third quarter. Huntington National Bank now owns 532 shares of the company’s stock worth $33,000 after purchasing an additional 409 shares during the last quarter. Finally, Capital Performance Advisors LLP acquired a new position in US Foods during the third quarter worth approximately $34,000. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

US Foods Trading Up 0.5 %

NYSE:USFD opened at $68.41 on Friday. The company has a quick ratio of 0.72, a current ratio of 1.19 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. The business’s 50 day moving average is $68.31 and its two-hundred day moving average is $61.51. The company has a market cap of $15.93 billion, a PE ratio of 29.36, a P/E/G ratio of 0.91 and a beta of 1.67.

Analysts Set New Price Targets

Several analysts have recently issued reports on USFD shares. JPMorgan Chase & Co. boosted their price objective on shares of US Foods from $68.00 to $69.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Melius Research raised US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. Melius started coverage on US Foods in a report on Wednesday, December 18th. They issued a “buy” rating and a $12.00 price objective on the stock. StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 10th. Finally, Barclays raised their target price on US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a report on Friday, November 8th. One analyst has rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $67.42.

US Foods Company 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.