Oregon Public Employees Retirement Fund Has $3.20 Million Position in US Foods Holding Corp. (NYSE:USFD)

Oregon Public Employees Retirement Fund cut its stake in US Foods Holding Corp. (NYSE:USFD) by 4.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,383 shares of the company’s stock after selling 2,100 shares during the period. Oregon Public Employees Retirement Fund’s holdings in US Foods were worth $3,196,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Creative Planning boosted its holdings in shares of US Foods by 13.5% during the 3rd quarter. Creative Planning now owns 12,978 shares of the company’s stock valued at $798,000 after acquiring an additional 1,547 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of US Foods by 15.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 8,518 shares of the company’s stock valued at $524,000 after purchasing an additional 1,137 shares in the last quarter. Private Advisor Group LLC grew its holdings in shares of US Foods by 8.3% during the third quarter. Private Advisor Group LLC now owns 13,723 shares of the company’s stock worth $844,000 after purchasing an additional 1,053 shares during the last quarter. International Assets Investment Management LLC raised its holdings in US Foods by 2,853.8% in the 3rd quarter. International Assets Investment Management LLC now owns 16,482 shares of the company’s stock valued at $1,014,000 after buying an additional 15,924 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in US Foods by 14.3% during the 3rd quarter. Nisa Investment Advisors LLC now owns 44,425 shares of the company’s stock worth $2,732,000 after buying an additional 5,570 shares during the period. 98.76% of the stock is currently owned by institutional investors.

Insider Activity

In other US Foods news, Director David W. Bullock purchased 4,000 shares of US Foods stock in a transaction that occurred on Tuesday, February 18th. The stock was acquired at an average price of $71.06 per share, with a total value of $284,240.00. Following the transaction, the director now owns 4,500 shares in the company, valued at $319,770. This trade represents a 800.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on USFD. JPMorgan Chase & Co. raised their price target on shares of US Foods from $68.00 to $69.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Barclays raised their target price on US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. UBS Group raised their price objective on US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. Truist Financial upped their target price on US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a report on Friday, February 14th. Finally, Jefferies Financial Group raised their price target on shares of US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a report on Monday, December 16th. One analyst has rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, US Foods currently has an average rating of “Buy” and an average target price of $70.33.

US Foods Stock Down 0.6 %

Shares of NYSE USFD opened at $70.22 on Friday. US Foods Holding Corp. has a 12-month low of $49.65 and a 12-month high of $73.19. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. The firm has a market cap of $16.18 billion, a PE ratio of 34.76, a P/E/G ratio of 1.03 and a beta of 1.67. The company’s fifty day simple moving average is $69.32 and its 200 day simple moving average is $65.14.

US Foods (NYSE:USFD) last issued its earnings results on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.79 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 $9.49 billion during the quarter, compared to analyst estimates of $9.47 billion. As a group, sell-side analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

About US Foods

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.