VIRGINIA RETIREMENT SYSTEMS ET Al Makes New $2.22 Million Investment in US Foods Holding Corp. $USFD

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in US Foods Holding Corp. (NYSE:USFD) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 21,709 shares of the company’s stock, valued at approximately $2,220,000.

A number of other large investors also recently modified their holdings of the stock. California State Teachers Retirement System grew its holdings in US Foods by 9,910.0% during the second quarter. California State Teachers Retirement System now owns 26,117,104 shares of the company’s stock worth $2,670,474,000 after buying an additional 25,856,195 shares in the last quarter. Wellington Management Group LLP lifted its stake in US Foods by 46.1% during the 2nd quarter. Wellington Management Group LLP now owns 23,009,877 shares of the company’s stock valued at $2,352,760,000 after acquiring an additional 7,259,357 shares in the last quarter. BlackRock Inc. bought a new position in US Foods during the 2nd quarter valued at $2,131,439,000. Boston Partners boosted its holdings in US Foods by 0.5% during the 4th quarter. Boston Partners now owns 16,203,880 shares of the company’s stock worth $1,222,537,000 after acquiring an additional 73,656 shares during the last quarter. Finally, Capital World Investors boosted its holdings in US Foods by 10.3% during the 4th quarter. Capital World Investors now owns 12,862,100 shares of the company’s stock worth $968,773,000 after acquiring an additional 1,197,360 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Wall Street Zen upgraded shares of US Foods from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. BMO Capital Markets restated an “outperform” rating and set a $120.00 price target on shares of US Foods in a report on Friday, August 7th. TD Cowen upped their price objective on shares of US Foods from $116.00 to $119.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Citigroup increased their price objective on shares of US Foods from $110.00 to $124.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Finally, Piper Sandler lifted their target price on shares of US Foods from $88.00 to $108.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 12th. Eleven equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $113.92.

Insider Activity

In other news, insider Randy J. Taylor sold 11,630 shares of US Foods stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $110.37, for a total value of $1,283,603.10. Following the completion of the transaction, the insider owned 73,618 shares in the company, valued at $8,125,218.66. This trade represents a 13.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider William Spencer Hancock sold 21,754 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the completion of the sale, the insider directly owned 101,144 shares in the company, valued at approximately $10,952,883.76. This trade represents a 17.70% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.74% of the stock is owned by company insiders.

US Foods Stock Down 1.3%

Shares of NYSE USFD opened at $96.21 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.14 and a quick ratio of 0.70. The stock has a market capitalization of $20.81 billion, a PE ratio of 29.60, a P/E/G ratio of 1.24 and a beta of 0.82. US Foods Holding Corp. has a one year low of $69.88 and a one year high of $111.42. The business’s fifty day moving average price is $103.26 and its 200-day moving average price is $94.90.

US Foods (NYSE:USFD) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.08. US Foods had a return on equity of 20.53% and a net margin of 1.81%.The company had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.46 billion. During the same quarter last year, the firm posted $1.19 EPS. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities research analysts anticipate that US Foods Holding Corp. will post 4.41 EPS for the current year.

US Foods Profile

US Foods Holding Corp. (NYSE: USFD) is a major foodservice distributor serving restaurants and other food-away-from-home businesses across the United States. The company supplies independent and multi-unit restaurants, healthcare organizations, hospitality businesses, educational institutions, government facilities and other commercial customers.

Its product portfolio includes fresh produce, meat and seafood, dairy products, frozen and dry groceries, beverages, ingredients, disposable supplies, kitchen equipment and other foodservice-related products.