Ontario Teachers Pension Plan Board Grows Stock Holdings in US Foods Holding Corp. $USFD

Ontario Teachers Pension Plan Board lifted its holdings in US Foods Holding Corp. (NYSE:USFD) by 265.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,797 shares of the company’s stock after acquiring an additional 52,853 shares during the period. Ontario Teachers Pension Plan Board’s holdings in US Foods were worth $5,606,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Creative Planning increased its holdings in US Foods by 9.5% in the 2nd quarter. Creative Planning now owns 23,413 shares of the company’s stock valued at $1,803,000 after purchasing an additional 2,032 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of US Foods by 91.4% in the second quarter. SG Americas Securities LLC now owns 9,095 shares of the company’s stock worth $700,000 after buying an additional 4,344 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of US Foods by 7.9% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 59,441 shares of the company’s stock valued at $4,578,000 after buying an additional 4,371 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of US Foods by 2.7% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,134,905 shares of the company’s stock valued at $472,449,000 after buying an additional 161,749 shares during the period. Finally, Olympiad Research LP purchased a new stake in shares of US Foods during the 2nd quarter valued at about $229,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Stock Down 0.6%

Shares of NYSE:USFD opened at $71.72 on Friday. The firm has a market cap of $15.99 billion, a PE ratio of 29.88, a price-to-earnings-growth ratio of 0.98 and a beta of 1.34. The company has a fifty day simple moving average of $75.67 and a 200 day simple moving average of $76.98. The company has a current ratio of 1.15, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. US Foods Holding Corp. has a 12-month low of $57.36 and a 12-month high of $85.11.

US Foods (NYSE:USFD) last announced its quarterly earnings data 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 company had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.18 billion. US Foods had a net margin of 1.43% and a return on equity of 17.71%. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the business earned $0.85 EPS. On average, equities research analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Steven Guberman sold 58,632 shares of the business’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 directly owned 113,410 shares of the company’s stock, valued at $8,165,520. The trade was a 34.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on USFD. Weiss Ratings restated a “buy (b)” rating on shares of US Foods in a report on Tuesday. UBS Group upped their target price on shares of US Foods from $84.00 to $96.00 and gave the company a “buy” rating in a research note on Monday, July 28th. Guggenheim raised their price target on shares of US Foods from $80.00 to $88.00 and gave the company a “buy” rating in a report on Monday, August 11th. Sanford C. Bernstein reiterated an “outperform” rating on shares of US Foods in a report on Friday, November 7th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $87.00 target price (up from $80.00) on shares of US Foods in a research note on Friday, August 8th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $82.00.

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.