Teacher Retirement System of Texas Increases Stock Position in US Foods Holding Corp. (NYSE:USFD)

Teacher Retirement System of Texas raised its position in shares of US Foods Holding Corp. (NYSE:USFD) by 56.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 194,414 shares of the company’s stock after buying an additional 70,441 shares during the period. Teacher Retirement System of Texas owned about 0.08% of US Foods worth $13,115,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its position in US Foods by 59.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $32,000 after buying an additional 178 shares during the period. R Squared Ltd purchased a new stake in US Foods during the 4th quarter valued at $34,000. First Horizon Advisors Inc. boosted its position in US Foods by 54.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock valued at $35,000 after buying an additional 202 shares during the period. Smartleaf Asset Management LLC lifted its position in shares of US Foods by 50.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 727 shares of the company’s stock worth $49,000 after purchasing an additional 243 shares during the period. Finally, J.Safra Asset Management Corp lifted its position in shares of US Foods by 38.5% in the 4th quarter. J.Safra Asset Management Corp now owns 806 shares of the company’s stock worth $55,000 after purchasing an additional 224 shares during the period. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Insider Transactions at US Foods

In related news, Director David W. Bullock purchased 4,000 shares of US Foods stock in a transaction dated Tuesday, February 18th. The stock was purchased at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the completion of the purchase, the director now directly owns 4,500 shares of the company’s stock, valued at $319,770. The trade was a 800.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.70% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on USFD shares. Jefferies Financial Group raised their target price on shares of US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Piper Sandler raised their target price on shares of US Foods from $75.00 to $77.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 18th. Melius Research raised shares of US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. Barclays raised their target price on shares of US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Finally, Morgan Stanley increased their price target on shares of US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, US Foods currently has a consensus rating of “Buy” and a consensus price target of $71.09.

US Foods Stock Up 1.5 %

NYSE:USFD opened at $64.36 on Friday. The firm has a market cap of $14.83 billion, a P/E ratio of 31.86, a P/E/G ratio of 1.03 and a beta of 1.65. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. US Foods Holding Corp. has a fifty-two week low of $49.65 and a fifty-two week high of $73.19. The firm has a 50-day simple moving average of $68.85 and a two-hundred day simple moving average of $66.13.

US Foods (NYSE:USFD) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.01). The firm had revenue of $9.49 billion for the quarter, compared to the consensus estimate of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. Analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

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.