US Foods Holding Corp. $USFD Shares Bought by California State Teachers Retirement System

California State Teachers Retirement System increased its stake in US Foods Holding Corp. (NYSE:USFD) by 22.3% in the 1st quarter, HoldingsChannel reports. The fund owned 260,909 shares of the company’s stock after acquiring an additional 47,507 shares during the period. California State Teachers Retirement System’s holdings in US Foods were worth $24,058,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Measured Wealth Private Client Group LLC bought a new stake in US Foods during the third quarter worth approximately $26,000. Steph & Co. acquired a new stake in US Foods in the fourth quarter worth approximately $34,000. Geneos Wealth Management Inc. boosted its stake in US Foods by 120.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after purchasing an additional 263 shares in the last quarter. Nalls Sherbakoff Group LLC bought a new position in US Foods during the 4th quarter valued at $36,000. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of US Foods during the 3rd quarter valued at $49,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Price Performance

NYSE USFD opened at $100.72 on Friday. The stock’s 50-day moving average price is $94.26 and its two-hundred day moving average price is $91.20. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.16. The company has a market cap of $22.18 billion, a PE ratio of 33.91, a PEG ratio of 1.28 and a beta of 0.79. US Foods Holding Corp. has a 1 year low of $69.88 and a 1 year high of $105.17.

US Foods (NYSE:USFD) last announced its earnings results on Thursday, May 7th. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.04). The firm had revenue of $9.61 billion during the quarter, compared to analyst estimates of $9.66 billion. US Foods had a return on equity of 19.37% and a net margin of 1.71%.The business’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.68 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, analysts predict that US Foods Holding Corp. will post 4.35 EPS for the current year.

Wall Street Analysts Forecast Growth

USFD has been the topic of a number of research reports. Morgan Stanley boosted their price objective on US Foods from $94.00 to $103.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 15th. Piper Sandler decreased their target price on US Foods from $103.00 to $88.00 and set a “neutral” rating for the company in a research note on Monday, June 1st. Citigroup reaffirmed a “buy” rating on shares of US Foods in a report on Wednesday, July 22nd. Zacks Research upgraded shares of US Foods from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Finally, JPMorgan Chase & Co. cut their price target on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Eleven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $107.00.

US Foods Profile

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.