US Foods Holding Corp. (NYSE:USFD) Position Raised by State of Wyoming

State of Wyoming grew its position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 85.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,409 shares of the company's stock after acquiring an additional 3,421 shares during the quarter. State of Wyoming's holdings in US Foods were worth $500,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Park Avenue Securities LLC grew its stake in shares of US Foods by 11.9% in the fourth quarter. Park Avenue Securities LLC now owns 7,147 shares of the company's stock valued at $482,000 after buying an additional 762 shares in the last quarter. Merit Financial Group LLC acquired a new stake in shares of US Foods in the fourth quarter valued at about $413,000. HB Wealth Management LLC grew its stake in shares of US Foods by 41.7% in the fourth quarter. HB Wealth Management LLC now owns 9,911 shares of the company's stock valued at $669,000 after buying an additional 2,916 shares in the last quarter. Aaron Wealth Advisors LLC grew its stake in shares of US Foods by 29.4% in the fourth quarter. Aaron Wealth Advisors LLC now owns 4,831 shares of the company's stock valued at $326,000 after buying an additional 1,098 shares in the last quarter. Finally, UMB Bank n.a. grew its stake in shares of US Foods by 71.3% in the fourth quarter. UMB Bank n.a. now owns 1,081 shares of the company's stock valued at $73,000 after buying an additional 450 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Stock Performance

Shares of USFD stock traded down $0.01 on Friday, hitting $75.88. 1,974,022 shares of the stock traded hands, compared to its average volume of 2,030,107. The company's fifty day moving average is $66.93 and its 200 day moving average is $68.11. US Foods Holding Corp. has a 1-year low of $50.05 and a 1-year high of $78.18. The company has a market capitalization of $17.55 billion, a PE ratio of 37.56, a PEG ratio of 1.03 and a beta of 1.35. 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 (NYSE:USFD - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by ($0.01). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The firm had revenue of $9.35 billion for the quarter, compared to the consensus estimate of $9.42 billion. During the same quarter last year, the business earned $0.54 earnings per share. The business's revenue for the quarter was up 4.5% compared to the same quarter last year. On average, equities research analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on USFD. Piper Sandler increased their target price on US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a research note on Tuesday, February 18th. Citigroup began coverage on US Foods in a research note on Thursday. They issued a "buy" rating and a $95.00 target price for the company. Barclays raised their price objective on US Foods from $82.00 to $85.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Truist Financial raised their price objective on US Foods from $78.00 to $80.00 and gave the company a "buy" rating in a research note on Friday, February 14th. Finally, Morgan Stanley raised their price objective on US Foods from $81.00 to $84.00 and gave the company an "overweight" rating in a research note on Friday, May 9th. One analyst has rated the stock with a hold rating, ten have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, US Foods presently has an average rating of "Buy" and a consensus price target of $75.92.

Insider Buying and Selling

In other US Foods news, EVP Dirk J. Locascio sold 15,000 shares of the firm's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $75.00, for a total value of $1,125,000.00. Following the sale, the executive vice president now directly owns 115,077 shares in the company, valued at approximately $8,630,775. This trade represents a 11.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.60% of the stock is currently owned by company insiders.

US Foods Company 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.