Strs Ohio Has $14.29 Million Stock Position in US Foods Holding Corp. $USFD

Strs Ohio lessened its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 47.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 186,491 shares of the company’s stock after selling 166,437 shares during the quarter. Strs Ohio owned about 0.08% of US Foods worth $14,289,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Geneos Wealth Management Inc. raised its stake in US Foods by 120.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after buying an additional 263 shares during the period. First Horizon Corp bought a new stake in shares of US Foods during the third quarter valued at approximately $39,000. MAI Capital Management raised its position in shares of US Foods by 155.6% during the second quarter. MAI Capital Management now owns 529 shares of the company’s stock worth $41,000 after purchasing an additional 322 shares during the period. V Square Quantitative Management LLC lifted its holdings in shares of US Foods by 58.7% in the 2nd quarter. V Square Quantitative Management LLC now owns 541 shares of the company’s stock worth $42,000 after purchasing an additional 200 shares in the last quarter. Finally, Quent Capital LLC bought a new position in shares of US Foods in the 3rd quarter worth $43,000. 98.76% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on USFD. Guggenheim boosted their price target on shares of US Foods from $88.00 to $95.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Barclays decreased their target price on shares of US Foods from $95.00 to $90.00 and set an “overweight” rating for the company in a research report on Friday, November 7th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of US Foods in a research report on Friday, November 7th. Citigroup decreased their price objective on US Foods from $95.00 to $90.00 and set a “buy” rating for the company in a report on Wednesday, January 7th. Finally, Morgan Stanley set a $92.00 price objective on US Foods in a research note on Tuesday, January 20th. Nine analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, US Foods has an average rating of “Moderate Buy” and an average price target of $89.50.

US Foods Stock Down 0.8%

US Foods stock opened at $81.27 on Monday. US Foods Holding Corp. has a fifty-two week low of $57.36 and a fifty-two week high of $85.85. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.70 and a current ratio of 1.15. The firm’s 50-day simple moving average is $77.13 and its 200 day simple moving average is $77.53. The stock has a market cap of $18.12 billion, a PE ratio of 33.86, a price-to-earnings-growth ratio of 1.02 and a beta of 1.03.

US Foods (NYSE:USFD) last posted its earnings results on Thursday, November 6th. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $1.05 by $0.02. The firm had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.18 billion. US Foods had a net margin of 1.43% and a return on equity of 17.71%. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.85 EPS. Research analysts predict that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Insider Activity at US Foods

In other news, insider Steven Guberman sold 58,632 shares of US Foods stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $72.00, for a total transaction of $4,221,504.00. Following the sale, the insider directly owned 113,410 shares in the company, valued at $8,165,520. The trade was a 34.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.60% of the stock is owned by insiders.

US Foods Profile

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.