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

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

Other institutional investors also recently bought and sold shares of the company. Acadian Asset Management LLC bought a new stake in US Foods during the second quarter valued at about $25,000. Choreo LLC purchased a new stake in shares of US Foods during the second quarter valued at about $204,000. DekaBank Deutsche Girozentrale boosted its holdings in shares of US Foods by 122.7% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 3,389 shares of the company’s stock valued at $180,000 after buying an additional 1,867 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of US Foods by 14.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,528,776 shares of the company’s stock worth $239,940,000 after buying an additional 567,601 shares during the last quarter. Finally, Primecap Management Co. CA bought a new position in shares of US Foods during the 2nd quarter worth approximately $6,204,000. 98.76% of the stock is owned by hedge funds and other institutional investors.

US Foods Price Performance

Shares of NYSE:USFD opened at $68.03 on Friday. 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 twelve month low of $44.81 and a twelve month high of $72.84. The company’s 50 day moving average is $68.28 and its 200 day moving average is $61.40. The company has a market cap of $15.85 billion, a PE ratio of 29.20, a price-to-earnings-growth ratio of 0.91 and a beta of 1.67.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Melius began coverage on shares of US Foods in a report on Wednesday, December 18th. They issued a “buy” rating and a $12.00 price target on the stock. Melius Research upgraded US Foods to a “strong-buy” rating in a research note on Wednesday, December 18th. Jefferies Financial Group increased their price target on US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a research note on Monday, December 16th. UBS Group raised their price target on US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Finally, Truist Financial upped their price objective on shares of US Foods from $74.00 to $78.00 and gave the company a “buy” rating in a report on Thursday. One investment 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. According to data from MarketBeat.com, US Foods has an average rating of “Buy” and an average price target of $67.42.

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.