State of Wyoming Acquires 3,421 Shares of US Foods Holding Corp. (NYSE:USFD)

State of Wyoming boosted its holdings in US Foods Holding Corp. (NYSE:USFD) by 85.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,409 shares of the company’s stock after buying an additional 3,421 shares during the period. State of Wyoming’s holdings in US Foods were worth $500,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in USFD. Arizona State Retirement System increased its position in shares of US Foods by 0.3% during the fourth quarter. Arizona State Retirement System now owns 67,426 shares of the company’s stock valued at $4,549,000 after purchasing an additional 170 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $32,000 after purchasing an additional 178 shares during the period. GeoWealth Management LLC increased its position in shares of US Foods by 94.5% during the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company’s stock valued at $26,000 after purchasing an additional 189 shares during the period. Vestcor Inc increased its position in shares of US Foods by 1.0% during the fourth quarter. Vestcor Inc now owns 20,200 shares of the company’s stock valued at $1,363,000 after purchasing an additional 195 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its position in shares of US Foods by 2.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 8,724 shares of the company’s stock valued at $588,000 after purchasing an additional 206 shares during the period. 98.76% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on USFD. Morgan Stanley boosted their price objective on US Foods from $81.00 to $84.00 and gave the company an “overweight” rating in a research report on Friday, May 9th. UBS Group boosted their price objective on US Foods from $83.00 to $84.00 and gave the company a “buy” rating in a research report on Friday, May 9th. Guggenheim reiterated a “buy” rating and issued a $80.00 price target on shares of US Foods in a research report on Monday, May 12th. Barclays upped their price target on US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Finally, StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, May 13th. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $73.00.

US Foods Trading Up 0.8%

Shares of USFD opened at $77.22 on Tuesday. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. US Foods Holding Corp. has a 12-month low of $50.05 and a 12-month high of $77.68. The firm has a market capitalization of $17.86 billion, a PE ratio of 38.23, a price-to-earnings-growth ratio of 1.03 and a beta of 1.35. The stock’s fifty day simple moving average is $66.02 and its 200-day simple moving average is $67.78.

US Foods (NYSE:USFD) last issued its quarterly earnings results 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 net margin of 1.30% and a return on equity of 15.03%. The firm had revenue of $9.35 billion for the quarter, compared to analyst estimates of $9.42 billion. During the same period last year, the company earned $0.54 EPS. The company’s revenue was up 4.5% compared to the same quarter last year. As a group, research analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insider Activity

In other news, EVP Dirk J. Locascio sold 15,000 shares of the company’s stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $75.00, for a total transaction of $1,125,000.00. Following the transaction, the executive vice president now owns 115,077 shares of the company’s stock, valued at $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 is available through this link. 0.60% of the stock is currently owned by 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.