VIRGINIA RETIREMENT SYSTEMS ET Al Sells 9,600 Shares of US Foods Holding Corp. $USFD

VIRGINIA RETIREMENT SYSTEMS ET Al trimmed its stake in US Foods Holding Corp. (NYSE:USFD) by 19.7% during the fourth quarter, Holdings Channel reports. The fund owned 39,109 shares of the company’s stock after selling 9,600 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in US Foods were worth $2,946,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in USFD. Wellington Management Group LLP raised its stake in shares of US Foods by 14.2% in the 3rd quarter. Wellington Management Group LLP now owns 12,875,970 shares of the company’s stock valued at $986,557,000 after acquiring an additional 1,599,033 shares in the last quarter. Capital World Investors increased its position in US Foods by 11.0% in the 3rd quarter. Capital World Investors now owns 11,664,740 shares of the company’s stock worth $893,752,000 after buying an additional 1,155,254 shares during the period. Boston Partners increased its position in US Foods by 6.0% in the 3rd quarter. Boston Partners now owns 16,130,224 shares of the company’s stock worth $1,235,585,000 after buying an additional 908,993 shares during the period. Holocene Advisors LP bought a new position in US Foods in the 2nd quarter worth approximately $64,220,000. Finally, Steadfast Capital Management LP bought a new position in US Foods in the 3rd quarter worth approximately $60,813,000. 98.76% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on USFD shares. BMO Capital Markets lifted their price target on US Foods from $95.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. BTIG Research dropped their price target on US Foods from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday. JPMorgan Chase & Co. dropped their price target on US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday. Wall Street Zen downgraded US Foods from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings downgraded US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, US Foods presently has a consensus rating of “Moderate Buy” and an average target price of $106.75.

US Foods Stock Performance

USFD opened at $83.84 on Friday. The stock has a market cap of $18.46 billion, a PE ratio of 28.23, a P/E/G ratio of 1.05 and a beta of 0.90. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.16. US Foods Holding Corp. has a 1 year low of $69.88 and a 1 year high of $102.13. The stock’s 50 day simple moving average is $90.64 and its 200-day simple moving average is $84.26.

US Foods (NYSE:USFD) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). The firm had revenue of $9.61 billion for the quarter, compared to the consensus estimate of $9.66 billion. US Foods had a net margin of 1.71% and a return on equity of 19.37%. The business’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.68 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Sell-side analysts forecast that US Foods Holding Corp. will post 4.51 EPS for the current year.

Insider Activity

In other news, insider James David Works, Jr. sold 65,737 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $96.52, for a total transaction of $6,344,935.24. Following the sale, the insider directly owned 88,176 shares in the company, valued at approximately $8,510,747.52. The trade was a 42.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.74% 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.