US Foods Holding Corp. (NYSE:USFD) Position Increased by Arizona State Retirement System

Arizona State Retirement System raised its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 0.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 67,426 shares of the company’s stock after buying an additional 170 shares during the period. Arizona State Retirement System’s holdings in US Foods were worth $4,549,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Wellington Management Group LLP boosted its holdings in US Foods by 25.2% during the third quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock worth $744,548,000 after buying an additional 2,435,357 shares in the last quarter. State Street Corp boosted its stake in US Foods by 4.7% in the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company’s stock worth $433,299,000 after purchasing an additional 316,061 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in US Foods by 4.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,841,961 shares of the company’s stock worth $420,781,000 after purchasing an additional 291,016 shares during the period. Geode Capital Management LLC boosted its stake in US Foods by 6.5% in the 3rd quarter. Geode Capital Management LLC now owns 3,972,930 shares of the company’s stock worth $244,401,000 after purchasing an additional 241,900 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in US Foods by 6.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,712,880 shares of the company’s stock worth $105,342,000 after purchasing an additional 109,488 shares during the period. 98.76% of the stock is currently owned by institutional investors.

US Foods Stock Performance

Shares of USFD opened at $65.64 on Friday. The company has a market capitalization of $15.12 billion, a PE ratio of 32.49, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65. US Foods Holding Corp. has a one year low of $49.65 and a one year high of $73.19. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. The company’s fifty day moving average price is $69.43 and its 200 day moving average price is $65.77.

US Foods (NYSE:USFD) last posted its quarterly earnings data 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). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The company had revenue of $9.49 billion for the quarter, compared to the consensus estimate of $9.47 billion. As a group, analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insider Transactions at US Foods

In related news, Director David W. Bullock acquired 4,000 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were bought at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the acquisition, the director now owns 4,500 shares in the company, valued at $319,770. This trade represents a 800.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on USFD. Truist Financial raised their price objective on shares of US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Melius began coverage on shares of US Foods in a research note on Wednesday, December 18th. They issued a “buy” rating and a $12.00 price objective for the company. UBS Group lifted their target price on shares of US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, February 14th. Melius Research raised shares of US Foods to a “strong-buy” rating in a research note on Wednesday, December 18th. Finally, Barclays lifted their target price on shares of US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. One analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $70.33.

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.