US Foods Holding Corp. (NYSE:USFD) Shares Bought by New York State Teachers Retirement System

New York State Teachers Retirement System boosted its stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 3.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 145,163 shares of the company's stock after acquiring an additional 5,123 shares during the quarter. New York State Teachers Retirement System owned about 0.06% of US Foods worth $9,793,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Legacy Wealth Asset Management LLC lifted its holdings in shares of US Foods by 4.0% in the 4th quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company's stock worth $279,000 after acquiring an additional 160 shares during the last quarter. Bank of Montreal Can raised its position 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 purchasing an additional 171 shares during the period. First Horizon Advisors Inc. lifted its stake in 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 purchasing an additional 202 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of US Foods by 2.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 8,724 shares of the company's stock valued at $588,000 after buying an additional 206 shares during the period. Finally, CIBC Asset Management Inc grew its stake in shares of US Foods by 3.3% during the third quarter. CIBC Asset Management Inc now owns 7,096 shares of the company's stock valued at $436,000 after buying an additional 226 shares during the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

US Foods Stock Down 2.1 %

Shares of NYSE USFD traded down $1.52 during midday trading on Friday, reaching $70.13. 4,651,587 shares of the company's stock traded hands, compared to its average volume of 2,119,268. The company has a market cap of $16.16 billion, a price-to-earnings ratio of 34.72, a P/E/G ratio of 1.03 and a beta of 1.67. The stock's 50 day simple moving average is $69.16 and its 200-day simple moving average is $64.52. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. US Foods Holding Corp. has a one year low of $49.65 and a one year high of $73.19.

US Foods (NYSE:USFD - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.01). The company had revenue of $9.49 billion for the quarter, compared to the consensus estimate of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. On average, analysts predict that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Analyst Ratings Changes

USFD has been the subject of a number of research analyst reports. JPMorgan Chase & Co. raised their price target on US Foods from $68.00 to $69.00 and gave the stock a "neutral" rating in a research note on Friday, November 8th. Barclays lifted their target price on US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. Piper Sandler upped their price target on shares of US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a report on Tuesday. Melius Research upgraded shares of US Foods to a "strong-buy" rating in a report on Wednesday, December 18th. Finally, UBS Group boosted their price objective on shares of US Foods from $77.00 to $83.00 and gave the company a "buy" rating in a research report on Friday, February 14th. 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 data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $70.33.

Insider Buying and Selling at US Foods

In other news, Director David W. Bullock purchased 4,000 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was acquired at an average cost of $71.06 per share, with a total value of $284,240.00. Following the completion of the transaction, the director now owns 4,500 shares in the company, valued at $319,770. This represents a 800.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.70% of the stock is owned by insiders.

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.