US Foods Holding Corp. $USFD Holdings Cut by Teacher Retirement System of Texas

Key Points

• Teacher Retirement System of Texas cut its US Foods stake by 28.8% in Q4, selling 23,927 shares and leaving it with 59,109 shares worth about $4.45 million.
• Insider James David Works Jr. sold 65,737 shares at an average of $96.52 for roughly $6.34 million, reducing his ownership by about 42.7% to 88,176 shares.
• Several analysts raised ratings and price targets (some to $115–$117), leaving US Foods with a consensus rating of "Moderate Buy" and an average target of $107.33.

Teacher Retirement System of Texas lowered its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 28.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 59,109 shares of the company's stock after selling 23,927 shares during the period. Teacher Retirement System of Texas' holdings in US Foods were worth $4,452,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Boston Partners lifted its holdings in US Foods by 6.0% in the third quarter. Boston Partners now owns 16,130,224 shares of the company's stock worth $1,235,585,000 after acquiring an additional 908,993 shares during the last quarter. Wellington Management Group LLP raised its holdings in shares of US Foods by 14.2% during the third quarter. Wellington Management Group LLP now owns 12,875,970 shares of the company's stock valued at $986,557,000 after buying an additional 1,599,033 shares during the last quarter. Capital World Investors raised its holdings in shares of US Foods by 11.0% during the third quarter. Capital World Investors now owns 11,664,740 shares of the company's stock valued at $893,752,000 after buying an additional 1,155,254 shares during the last quarter. Invesco Ltd. raised its holdings in shares of 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. Finally, Primecap Management Co. CA raised its holdings in shares of US Foods by 5.9% during the third quarter. Primecap Management Co. CA now owns 3,793,209 shares of the company's stock valued at $290,636,000 after buying an additional 212,499 shares during the last quarter. Institutional investors own 98.76% of the company's stock.

Insider Activity at US Foods

In related news, insider James David Works, Jr. sold 65,737 shares of the firm's stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $96.52, for a total transaction of $6,344,935.24. Following the transaction, the insider owned 88,176 shares in the company, valued at $8,510,747.52. This trade represents a 42.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.74% of the stock is owned by corporate insiders.

US Foods Price Performance

NYSE USFD opened at $93.31 on Monday. US Foods Holding Corp. has a 12 month low of $63.65 and a 12 month high of $102.13. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.16 and a quick ratio of 0.68. The firm has a market capitalization of $20.55 billion, a PE ratio of 31.74, a P/E/G ratio of 1.14 and a beta of 0.98. The company's 50 day simple moving average is $92.58 and its 200 day simple moving average is $83.21.

US Foods (NYSE:USFD - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The company reported $1.04 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.03. US Foods had a net margin of 1.71% and a return on equity of 18.74%. The business had revenue of $9.80 billion for the quarter, compared to analyst estimates of $9.90 billion. During the same quarter last year, the business earned $0.84 earnings per share. The business's revenue for the quarter was up 3.3% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, equities research analysts forecast that US Foods Holding Corp. will post 4.53 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. BMO Capital Markets lifted their price target on US Foods from $95.00 to $115.00 and gave the company an "outperform" rating in a report on Friday, February 13th. Guggenheim lifted their price target on US Foods from $95.00 to $115.00 and gave the company a "buy" rating in a report on Friday, February 13th. UBS Group reaffirmed a "buy" rating and set a $117.00 price target on shares of US Foods in a report on Friday, February 13th. Barclays lifted their price target on US Foods from $90.00 to $104.00 and gave the company an "overweight" rating in a report on Friday, February 13th. Finally, Wall Street Zen raised US Foods from a "hold" rating to a "buy" rating in a report on Saturday, April 4th. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, US Foods presently has a consensus rating of "Moderate Buy" and an average target price of $107.33.

US Foods Company 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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