Teacher Retirement System of Texas Has $7.19 Million Stock Position in US Foods Holding Corp. (NYSE:USFD)

Teacher Retirement System of Texas lessened its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 43.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 109,824 shares of the company's stock after selling 84,590 shares during the quarter. Teacher Retirement System of Texas' holdings in US Foods were worth $7,189,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its holdings in shares of US Foods by 50.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 727 shares of the company's stock valued at $49,000 after acquiring an additional 243 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in US Foods by 28.0% during the fourth quarter. Jones Financial Companies Lllp now owns 4,576 shares of the company's stock worth $309,000 after purchasing an additional 1,000 shares during the period. Keybank National Association OH grew its holdings in US Foods by 3.6% during the fourth quarter. Keybank National Association OH now owns 13,284 shares of the company's stock worth $896,000 after purchasing an additional 459 shares during the period. Atria Investments Inc grew its holdings in US Foods by 2.8% during the fourth quarter. Atria Investments Inc now owns 23,921 shares of the company's stock worth $1,614,000 after purchasing an additional 658 shares during the period. Finally, Proficio Capital Partners LLC bought a new position in US Foods during the fourth quarter worth about $4,651,000. Institutional investors and hedge funds own 98.76% of the company's stock.

Insider Buying and Selling

In other US Foods 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 transaction of $1,125,000.00. Following the sale, the executive vice president owned 115,077 shares of the company's stock, valued at approximately $8,630,775. This represents a 11.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.60% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on US Foods from $82.00 to $85.00 and gave the stock a "neutral" rating in a report on Wednesday, June 25th. Morgan Stanley boosted their price objective on US Foods from $81.00 to $84.00 and gave the stock an "overweight" rating in a report on Friday, May 9th. Wall Street Zen upgraded shares of US Foods from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 24th. UBS Group lifted 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. Finally, Barclays lifted their price target on shares of US Foods from $85.00 to $95.00 and gave the company an "overweight" rating in a research report on Wednesday, June 4th. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $77.00.

US Foods Price Performance

Shares of NYSE USFD traded up $0.38 during midday trading on Monday, reaching $78.80. 1,664,814 shares of the company were exchanged, compared to its average volume of 2,012,812. The stock's 50-day moving average price is $75.23 and its 200-day moving average price is $69.96. The stock has a market cap of $18.23 billion, a P/E ratio of 25.88, a PEG ratio of 1.13 and a beta of 1.41. US Foods Holding Corp. has a one year low of $50.05 and a one year high of $79.64. The company has a quick ratio of 0.74, a current ratio of 1.17 and a debt-to-equity ratio of 1.02.

US Foods (NYSE:USFD - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.69 by ($0.01). US Foods had a return on equity of 15.58% and a net margin of 1.38%. The company had revenue of $9.35 billion for the quarter, compared to the consensus estimate of $9.42 billion. During the same period in the previous year, the firm posted $0.54 EPS. The business's quarterly revenue was up 4.5% compared to the same quarter last year. On average, sell-side analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

About US Foods

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.