Louisiana State Employees Retirement System Makes New $5.89 Million Investment in US Foods Holding Corp. $USFD

Louisiana State Employees Retirement System purchased a new stake in shares of US Foods Holding Corp. (NYSE:USFD) in the first quarter, HoldingsChannel.com reports. The fund purchased 63,900 shares of the company’s stock, valued at approximately $5,892,000.

Several other institutional investors have also modified their holdings of USFD. Price T Rowe Associates Inc. MD grew its holdings in shares of US Foods by 412.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,165,611 shares of the company’s stock worth $313,755,000 after acquiring an additional 3,353,396 shares during the period. Bank of Montreal Can boosted its position in US Foods by 8,056.1% during the fourth quarter. Bank of Montreal Can now owns 2,866,721 shares of the company’s stock worth $215,921,000 after purchasing an additional 2,831,573 shares in the last quarter. Norges Bank acquired a new stake in US Foods in the fourth quarter valued at $192,849,000. Wellington Management Group LLP grew its holdings in US Foods by 14.2% in the third quarter. Wellington Management Group LLP now owns 12,875,970 shares of the company’s stock valued at $986,557,000 after purchasing an additional 1,599,033 shares during the last quarter. Finally, Capital World Investors increased its position in shares of US Foods by 10.3% in the fourth quarter. Capital World Investors now owns 12,862,100 shares of the company’s stock valued at $968,773,000 after buying an additional 1,197,360 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Piper Sandler decreased their price objective on shares of US Foods from $103.00 to $88.00 and set a “neutral” rating on the stock in a research report on Monday, June 1st. Wall Street Zen cut shares of US Foods from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. BTIG Research reduced their price target on shares of US Foods from $110.00 to $105.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Zacks Research lowered shares of US Foods from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Finally, Weiss Ratings cut shares of US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $105.50.

US Foods Trading Up 2.4%

US Foods stock opened at $98.53 on Friday. The stock has a 50-day moving average price of $88.14 and a 200 day moving average price of $87.02. US Foods Holding Corp. has a 52 week low of $69.88 and a 52 week high of $102.13. The stock has a market cap of $21.70 billion, a PE ratio of 33.18, a P/E/G ratio of 1.23 and a beta of 0.83. 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 (NYSE:USFD) last released its earnings results 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). US Foods had a net margin of 1.71% and a return on equity of 19.37%. The firm had revenue of $9.61 billion during the quarter, compared to analysts’ expectations of $9.66 billion. During the same quarter last year, the company posted $0.68 earnings per share. US Foods’s revenue for the quarter was up 2.8% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Equities research analysts predict that US Foods Holding Corp. will post 4.34 earnings per share for the current fiscal year.

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.