State of Wyoming Sells 7,867 Shares of US Foods Holding Corp. $USFD

State of Wyoming decreased its position in shares of US Foods Holding Corp. (NYSE:USFD) by 42.6% during the third quarter, according to its most recent filing with the SEC. The firm owned 10,595 shares of the company’s stock after selling 7,867 shares during the period. State of Wyoming’s holdings in US Foods were worth $812,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of USFD. Parkside Financial Bank & Trust lifted its position in US Foods by 303.7% during the 3rd quarter. Parkside Financial Bank & Trust now owns 327 shares of the company’s stock valued at $25,000 after acquiring an additional 246 shares during the period. Geneos Wealth Management Inc. raised its position in shares of US Foods by 120.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after purchasing an additional 263 shares during the last quarter. First Horizon Corp bought a new stake in US Foods during the 3rd quarter valued at about $39,000. MAI Capital Management increased its position in shares of US Foods by 155.6% during the second quarter. MAI Capital Management now owns 529 shares of the company’s stock valued at $41,000 after acquiring an additional 322 shares in the last quarter. Finally, Quent Capital LLC bought a new position in US Foods in the 3rd quarter valued at approximately $43,000. Institutional investors own 98.76% of the company’s stock.

US Foods Stock Performance

Shares of NYSE USFD opened at $84.37 on Tuesday. US Foods Holding Corp. has a 12-month low of $57.36 and a 12-month high of $85.85. The firm has a market capitalization of $18.81 billion, a price-to-earnings ratio of 35.15, a price-to-earnings-growth ratio of 1.05 and a beta of 1.02. The company has a current ratio of 1.15, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. The firm has a 50 day moving average of $78.50 and a 200 day moving average of $77.60.

US Foods (NYSE:USFD) last issued its quarterly earnings results on Thursday, November 6th. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.02. The business had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.18 billion. US Foods had a net margin of 1.43% and a return on equity of 17.71%. The company’s revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.85 EPS. On average, research analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Barclays reduced their target price on US Foods from $95.00 to $90.00 and set an “overweight” rating for the company in a report on Friday, November 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of US Foods in a report on Monday, December 29th. Morgan Stanley set a $92.00 target price on shares of US Foods in a research note on Tuesday, January 20th. Citigroup lifted their price target on shares of US Foods from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Tuesday, January 27th. Finally, Wall Street Zen cut shares of US Foods from a “strong-buy” rating to a “buy” rating in a report on Monday, January 19th. Nine research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $90.00.

Insider Transactions at US Foods

In other US Foods news, insider Steven Guberman sold 58,632 shares of the company’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $72.00, for a total value of $4,221,504.00. Following the completion of the sale, the insider owned 113,410 shares in the company, valued at $8,165,520. This represents a 34.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.60% of the company’s stock.

About US Foods

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.