Public Employees Retirement System of Ohio Sells 3,234 Shares of US Foods Holding Corp. (NYSE:USFD)

Public Employees Retirement System of Ohio trimmed its stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 3.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 84,049 shares of the company's stock after selling 3,234 shares during the period. Public Employees Retirement System of Ohio's holdings in US Foods were worth $5,670,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in USFD. Focus Partners Advisor Solutions LLC acquired a new position in shares of US Foods in the 4th quarter valued at approximately $232,000. PharVision Advisers LLC bought a new position in shares of US Foods in the fourth quarter valued at $464,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of US Foods by 10.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 795,248 shares of the company's stock valued at $53,647,000 after purchasing an additional 77,418 shares in the last quarter. Worldquant Millennium Advisors LLC bought a new stake in US Foods in the fourth quarter worth about $285,000. Finally, Sovereign s Capital Management LLC bought a new stake in shares of US Foods in the fourth quarter valued at approximately $476,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Dirk J. Locascio sold 15,000 shares of the company's stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $75.00, for a total value of $1,125,000.00. Following the completion of the sale, the executive vice president now owns 115,077 shares of the company's stock, valued at approximately $8,630,775. This represents a 11.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on USFD. UBS Group boosted their price target on shares of US Foods from $83.00 to $84.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Wall Street Zen raised shares of US Foods from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 24th. Guggenheim reissued a "buy" rating and issued a $80.00 price target on shares of US Foods in a research report on Monday, May 12th. Citigroup started coverage on shares of US Foods in a research note on Thursday, May 22nd. They set a "buy" rating and a $95.00 price objective for the company. Finally, JPMorgan Chase & Co. boosted their price objective on shares of US Foods from $70.00 to $82.00 and gave the company a "neutral" rating in a research note on Tuesday, May 20th. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $75.92.

US Foods Price Performance

USFD stock traded up $0.66 during midday trading on Friday, reaching $79.21. The company had a trading volume of 2,983,831 shares, compared to its average volume of 2,043,965. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. US Foods Holding Corp. has a 1 year low of $50.05 and a 1 year high of $79.62. The company has a market capitalization of $18.33 billion, a P/E ratio of 39.21, a P/E/G ratio of 1.03 and a beta of 1.35. The firm has a 50-day moving average price of $68.24 and a 200-day moving average price of $68.47.

US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.68 EPS for the quarter, missing analysts' consensus estimates of $0.69 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 $9.35 billion during the quarter, compared to analysts' expectations of $9.42 billion. During the same period in the prior year, the firm earned $0.54 EPS. US Foods's quarterly revenue was up 4.5% on a year-over-year basis. On average, research analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal 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.