Maryland State Retirement & Pension System Has $825,000 Position in US Foods Holding Corp. (NYSE:USFD)

Maryland State Retirement & Pension System cut its holdings in US Foods Holding Corp. (NYSE:USFD) by 6.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,229 shares of the company’s stock after selling 866 shares during the quarter. Maryland State Retirement & Pension System’s holdings in US Foods were worth $825,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its position in shares of US Foods by 59.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $32,000 after purchasing an additional 178 shares during the last quarter. R Squared Ltd acquired a new position in shares of US Foods during the 4th quarter worth about $34,000. First Horizon Advisors Inc. increased its stake in shares of US Foods by 54.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock valued at $35,000 after acquiring an additional 202 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in shares of US Foods by 50.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 727 shares of the company’s stock valued at $49,000 after acquiring an additional 243 shares during the last quarter. Finally, J.Safra Asset Management Corp grew its holdings in US Foods by 38.5% during the fourth quarter. J.Safra Asset Management Corp now owns 806 shares of the company’s stock valued at $55,000 after purchasing an additional 224 shares during the period. Institutional investors and hedge funds own 98.76% of the company’s stock.

Analyst Upgrades and Downgrades

USFD has been the subject of a number of research analyst reports. Barclays boosted their target price on US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Melius Research raised shares of US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. StockNews.com cut US Foods from a “strong-buy” rating to a “buy” rating in a report on Saturday. Melius assumed coverage on US Foods in a report on Wednesday, December 18th. They set a “buy” rating and a $12.00 target price on the stock. Finally, Piper Sandler increased their price target on US Foods from $75.00 to $77.00 and gave the company an “overweight” rating in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $71.09.

Insider Buying and Selling

In related news, Director David W. Bullock purchased 4,000 shares of US Foods stock in a transaction that occurred on Tuesday, February 18th. The shares were acquired at an average price of $71.06 per share, with a total value of $284,240.00. Following the completion of the transaction, the director now directly owns 4,500 shares of the company’s stock, valued at $319,770. This represents a 800.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.70% of the stock is owned by insiders.

US Foods Trading Up 1.5 %

Shares of NYSE:USFD opened at $64.36 on Monday. The stock has a market cap of $14.83 billion, a PE ratio of 31.86, a P/E/G ratio of 1.03 and a beta of 1.65. 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 12-month low of $49.65 and a 12-month high of $73.19. The business has a 50 day moving average of $68.85 and a 200-day moving average of $66.23.

US Foods (NYSE:USFD) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.01). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The firm had revenue of $9.49 billion during the quarter, compared to analyst estimates of $9.47 billion. As a group, equities research analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

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.