Public Employees Retirement System of Ohio Invests $13.25 Million in US Foods Holding Corp. $USFD

Key Points

• Public Employees Retirement System of Ohio acquired 129,582 US Foods shares worth approximately $13.25 million, giving it a 0.06% stake. Institutional investors collectively own 98.76% of the company.
• Wall Street maintains a “Moderate Buy” consensus on US Foods, with 11 Buy ratings and four Holds and an average price target of $113.92.
• US Foods exceeded quarterly earnings expectations, reporting $1.44 in EPS versus the $1.36 consensus and $10.53 billion in revenue, up 4.5% year over year.

Public Employees Retirement System of Ohio purchased a new stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 129,582 shares of the company's stock, valued at approximately $13,250,000. Public Employees Retirement System of Ohio owned 0.06% of US Foods at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of USFD. BlackRock Inc. bought a new stake in US Foods during the 2nd quarter valued at approximately $2,131,439,000. Boston Partners boosted its stake in US Foods by 0.5% during the fourth quarter. Boston Partners now owns 16,203,880 shares of the company's stock worth $1,222,537,000 after acquiring an additional 73,656 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of US Foods by 7.0% during the fourth quarter. Wellington Management Group LLP now owns 13,780,526 shares of the company's stock valued at $1,037,949,000 after purchasing an additional 904,556 shares in the last quarter. Capital World Investors boosted its position in shares of US Foods by 10.3% in the 4th quarter. Capital World Investors now owns 12,862,100 shares of the company's stock worth $968,773,000 after purchasing an additional 1,197,360 shares in the last quarter. Finally, Invesco Ltd. raised its stake in US Foods by 8.6% during the third quarter. Invesco Ltd. now owns 8,164,062 shares of the company's stock valued at $625,530,000 after buying an additional 649,950 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on USFD shares. JPMorgan Chase & Co. cut their price objective on shares of US Foods from $98.00 to $90.00 and set a "neutral" rating on the stock in a research report on Thursday, May 14th. Wells Fargo & Company boosted their target price on US Foods from $110.00 to $125.00 and gave the stock an "overweight" rating in a research report on Friday, August 7th. Morgan Stanley set a $107.00 target price on shares of US Foods in a report on Friday, August 7th. TD Cowen lifted their price objective on US Foods from $116.00 to $119.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. Finally, Zacks Research upgraded shares of US Foods from a "strong sell" rating to a "hold" rating in a research note on Tuesday, July 28th. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $113.92.

Insider Buying and Selling at US Foods

In other US Foods news, insider Randy J. Taylor sold 11,630 shares of US Foods stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $110.37, for a total value of $1,283,603.10. Following the sale, the insider directly owned 73,618 shares in the company, valued at approximately $8,125,218.66. The trade was a 13.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider William Spencer Hancock sold 21,754 shares of the business's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the completion of the sale, the insider owned 101,144 shares in the company, valued at approximately $10,952,883.76. The trade was a 17.70% decrease in their position. The SEC filing for this sale provides additional information. 0.74% of the stock is currently owned by insiders.

US Foods Price Performance

NYSE:USFD opened at $107.33 on Monday. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.19. US Foods Holding Corp. has a 52 week low of $69.88 and a 52 week high of $111.42. The business's 50-day simple moving average is $102.50 and its two-hundred day simple moving average is $94.50. The stock has a market cap of $23.22 billion, a PE ratio of 33.02, a P/E/G ratio of 1.36 and a beta of 0.81.

US Foods (NYSE:USFD - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.44 EPS for the quarter, topping analysts' consensus estimates of $1.36 by $0.08. US Foods had a return on equity of 20.53% and a net margin of 1.81%.The company had revenue of $10.53 billion for the quarter, compared to analysts' expectations of $10.46 billion. During the same period in the previous year, the firm earned $1.19 EPS. The firm's revenue was up 4.5% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, analysts forecast that US Foods Holding Corp. will post 4.41 EPS for the current fiscal year.

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.

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