Louisiana State Employees Retirement System Invests $5.89 Million in US Foods Holding Corp. $USFD

Louisiana State Employees Retirement System acquired a new position in shares of US Foods Holding Corp. (NYSE:USFD) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 63,900 shares of the company’s stock, valued at approximately $5,892,000.

Several other hedge funds have also recently added to or reduced their stakes in USFD. Measured Wealth Private Client Group LLC acquired a new stake in US Foods in the third quarter valued at $26,000. Steph & Co. purchased a new position in US Foods during the 4th quarter worth $34,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of US Foods in the fourth quarter valued at about $36,000. Geneos Wealth Management Inc. raised its holdings in shares of US Foods by 120.1% in the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after buying an additional 263 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of US Foods during the third quarter worth about $49,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Stock Performance

NYSE USFD opened at $98.53 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.16. The business’s 50 day moving average is $88.14 and its two-hundred day moving average is $87.02. The stock has a market capitalization of $21.70 billion, a price-to-earnings ratio of 33.18, a PEG ratio of 1.23 and a beta of 0.83. US Foods Holding Corp. has a 12-month low of $69.88 and a 12-month high of $102.13.

US Foods (NYSE:USFD) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). US Foods had a net margin of 1.71% and a return on equity of 19.37%. The business had revenue of $9.61 billion during the quarter, compared to analysts’ expectations of $9.66 billion. During the same quarter last year, the firm earned $0.68 earnings per share. The firm’s quarterly revenue was up 2.8% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Research analysts expect that US Foods Holding Corp. will post 4.34 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Piper Sandler lowered their price target on US Foods from $103.00 to $88.00 and set a “neutral” rating on the stock in a report on Monday, June 1st. Weiss Ratings cut US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Zacks Research lowered US Foods from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. JPMorgan Chase & Co. cut their price target on US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Finally, Citigroup decreased their price target on US Foods from $115.00 to $111.00 and set a “buy” rating for the company in a report on Friday, May 8th. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $105.50.

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.