Commonwealth of Pennsylvania Public School Empls Retrmt SYS Acquires 4,371 Shares of US Foods Holding Corp. $USFD

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in US Foods Holding Corp. (NYSE:USFD) by 7.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 59,441 shares of the company’s stock after purchasing an additional 4,371 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in US Foods were worth $4,578,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd acquired a new position in US Foods in the 1st quarter valued at $31,000. V Square Quantitative Management LLC grew its holdings in shares of US Foods by 58.7% during the 2nd quarter. V Square Quantitative Management LLC now owns 541 shares of the company’s stock worth $42,000 after purchasing an additional 200 shares in the last quarter. Assetmark Inc. increased its position in shares of US Foods by 41.1% in the second quarter. Assetmark Inc. now owns 931 shares of the company’s stock worth $72,000 after purchasing an additional 271 shares during the period. Signaturefd LLC raised its stake in US Foods by 19.7% in the first quarter. Signaturefd LLC now owns 1,302 shares of the company’s stock valued at $85,000 after purchasing an additional 214 shares in the last quarter. Finally, Rosenberg Matthew Hamilton lifted its position in US Foods by 1,474.0% during the second quarter. Rosenberg Matthew Hamilton now owns 1,149 shares of the company’s stock worth $88,000 after purchasing an additional 1,076 shares during the period. Institutional investors and hedge funds own 98.76% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Wall Street Zen raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a report on Friday, September 5th. Wells Fargo & Company reissued an “overweight” rating and issued a $87.00 price objective (up from $80.00) on shares of US Foods in a research note on Friday, August 8th. Sanford C. Bernstein restated an “outperform” rating on shares of US Foods in a research report on Friday, November 7th. Guggenheim raised their target price on US Foods from $80.00 to $88.00 and gave the company a “buy” rating in a report on Monday, August 11th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of US Foods in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $82.00.

Insider Buying and Selling at US Foods

In related news, insider Steven Guberman sold 58,632 shares of the stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $72.00, for a total value of $4,221,504.00. Following the completion of the sale, the insider directly owned 113,410 shares in the company, valued at $8,165,520. This represents a 34.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.60% of the stock is currently owned by corporate insiders.

US Foods Stock Up 0.1%

Shares of NYSE USFD opened at $71.30 on Wednesday. The company has a 50 day simple moving average of $75.39 and a 200 day simple moving average of $77.12. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.15 and a quick ratio of 0.70. US Foods Holding Corp. has a 1 year low of $57.36 and a 1 year high of $85.11. The firm has a market cap of $15.90 billion, a PE ratio of 29.71, a price-to-earnings-growth ratio of 0.96 and a beta of 1.34.

US Foods (NYSE:USFD) last posted its earnings results on Thursday, November 6th. The company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.02. US Foods had a net margin of 1.43% and a return on equity of 17.71%. The firm had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.18 billion. During the same period in the previous year, the firm posted $0.85 EPS. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. On average, research analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current 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.