Public Employees Retirement Association of Colorado Purchases 40,212 Shares of US Foods Holding Corp. (NYSE:USFD)

Public Employees Retirement Association of Colorado boosted its position in shares of US Foods Holding Corp. (NYSE:USFD) by 9.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 481,617 shares of the company’s stock after purchasing an additional 40,212 shares during the quarter. Public Employees Retirement Association of Colorado owned about 0.20% of US Foods worth $25,516,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of USFD. Norges Bank bought a new stake in shares of US Foods in the 4th quarter valued at about $108,316,000. Massachusetts Financial Services Co. MA increased its position in shares of US Foods by 46.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,550,945 shares of the company’s stock valued at $347,069,000 after buying an additional 2,064,321 shares in the last quarter. Vanguard Group Inc. raised its stake in US Foods by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 23,019,003 shares of the company’s stock worth $1,242,336,000 after buying an additional 796,434 shares during the period. Dimensional Fund Advisors LP lifted its holdings in US Foods by 14.3% during the second quarter. Dimensional Fund Advisors LP now owns 4,528,776 shares of the company’s stock worth $239,940,000 after acquiring an additional 567,601 shares in the last quarter. Finally, Boston Partners grew its stake in US Foods by 3.5% in the first quarter. Boston Partners now owns 16,527,901 shares of the company’s stock valued at $891,073,000 after acquiring an additional 566,277 shares during the period. 98.76% of the stock is owned by institutional investors.

US Foods Trading Down 0.6 %

US Foods stock opened at $61.58 on Friday. The stock has a 50-day simple moving average of $56.07 and a 200 day simple moving average of $53.91. The stock has a market capitalization of $15.06 billion, a P/E ratio of 30.34, a PEG ratio of 1.00 and a beta of 1.66. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.81 and a current ratio of 1.29. US Foods Holding Corp. has a 52 week low of $35.66 and a 52 week high of $62.34.

US Foods (NYSE:USFD) last issued its earnings results on Thursday, August 8th. The company reported $0.93 EPS for the quarter, hitting the consensus estimate of $0.93. US Foods had a return on equity of 13.43% and a net margin of 1.42%. The company had revenue of $9.71 billion during the quarter, compared to the consensus estimate of $9.62 billion. During the same period in the previous year, the company posted $0.73 EPS. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. Analysts expect that US Foods Holding Corp. will post 2.9 earnings per share for the current year.

Insider Transactions at US Foods

In related news, CFO Dirk J. Locascio sold 10,000 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $57.95, for a total value of $579,500.00. Following the transaction, the chief financial officer now owns 88,563 shares in the company, valued at approximately $5,132,225.85. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.70% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Wells Fargo & Company raised their price target on US Foods from $66.00 to $75.00 and gave the stock an “overweight” rating in a research report on Wednesday. StockNews.com lowered shares of US Foods from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 14th. JPMorgan Chase & Co. upped their target price on shares of US Foods from $60.00 to $68.00 and gave the stock a “neutral” rating in a research note on Monday, September 16th. Piper Sandler upped their price target on US Foods from $59.00 to $61.00 and gave the stock an “overweight” rating in a research report on Friday, June 7th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on US Foods from $72.00 to $75.00 and gave the company a “buy” rating in a report on Friday, August 9th. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, US Foods presently has a consensus rating of “Moderate Buy” and an average price target of $66.40.

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.