New York State Common Retirement Fund Has $7.77 Million Holdings in US Foods Holding Corp. (NYSE:USFD)

New York State Common Retirement Fund cut its stake in US Foods Holding Corp. (NYSE:USFD - Free Report) by 12.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 171,078 shares of the company's stock after selling 23,410 shares during the quarter. New York State Common Retirement Fund owned about 0.07% of US Foods worth $7,769,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of US Foods by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 22,477,103 shares of the company's stock worth $892,341,000 after buying an additional 61,179 shares during the last quarter. Boston Partners raised its holdings in shares of US Foods by 1.4% in the third quarter. Boston Partners now owns 18,313,484 shares of the company's stock valued at $726,684,000 after buying an additional 257,503 shares during the last quarter. Victory Capital Management Inc. increased its position in US Foods by 189.6% in the 3rd quarter. Victory Capital Management Inc. now owns 4,651,686 shares of the company's stock valued at $184,672,000 after acquiring an additional 3,045,213 shares during the period. Massachusetts Financial Services Co. MA raised its stake in US Foods by 2.2% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,032,178 shares of the company's stock valued at $160,077,000 after acquiring an additional 85,340 shares during the last quarter. Finally, Wellington Management Group LLP lifted its position in US Foods by 7.5% during the 3rd quarter. Wellington Management Group LLP now owns 2,870,370 shares of the company's stock worth $113,954,000 after acquiring an additional 199,269 shares during the period. Institutional investors and hedge funds own 98.76% of the company's stock.

US Foods Stock Up 0.8 %

Shares of NYSE:USFD traded up $0.40 during midday trading on Friday, reaching $51.40. The company had a trading volume of 1,139,622 shares, compared to its average volume of 1,688,287. The stock's fifty day moving average price is $52.11 and its 200-day moving average price is $46.95. The stock has a market capitalization of $12.61 billion, a P/E ratio of 25.45, a PEG ratio of 0.85 and a beta of 1.58. US Foods Holding Corp. has a one year low of $35.66 and a one year high of $54.94. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.30 and a quick ratio of 0.78.

US Foods (NYSE:USFD - Get Free Report) last issued its quarterly earnings data on Thursday, February 15th. The company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.04). US Foods had a net margin of 1.42% and a return on equity of 13.41%. The firm had revenue of $8.94 billion during the quarter, compared to the consensus estimate of $8.81 billion. Equities research analysts expect that US Foods Holding Corp. will post 2.92 earnings per share for the current fiscal year.

Insider Transactions at US Foods

In related news, EVP David A. Rickard sold 50,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $52.52, for a total value of $2,626,000.00. Following the completion of the transaction, the executive vice president now owns 148,561 shares of the company's stock, valued at approximately $7,802,423.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.70% of the stock is owned by insiders.

Wall Street Analyst Weigh In

USFD has been the subject of several recent research reports. Piper Sandler raised US Foods from a "neutral" rating to an "overweight" rating and increased their price target for the stock from $45.00 to $59.00 in a report on Tuesday, February 20th. BMO Capital Markets lifted their price objective on US Foods from $50.00 to $58.00 and gave the stock an "outperform" rating in a research report on Friday, February 16th. JPMorgan Chase & Co. upped their price objective on US Foods from $50.00 to $52.00 and gave the company a "neutral" rating in a research report on Tuesday, March 19th. Morgan Stanley boosted their price target on US Foods from $60.00 to $62.00 and gave the company an "overweight" rating in a report on Friday, April 12th. Finally, BTIG Research increased their target price on US Foods from $52.00 to $62.00 and gave the stock a "buy" rating in a research report on Tuesday, March 19th. One analyst has rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, US Foods presently has a consensus rating of "Buy" and an average target price of $54.92.

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.