State of Wisconsin Investment Board Lowers Position in US Foods Holding Corp (USFD)

State of Wisconsin Investment Board cut its position in shares of US Foods Holding Corp (NASDAQ:USFD) by 63.1% during the first quarter, Holdings Channel reports. The institutional investor owned 8,934 shares of the company’s stock after selling 15,273 shares during the period. State of Wisconsin Investment Board’s holdings in US Foods Holding Corp were worth $250,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Virginia Retirement Systems ET AL acquired a new stake in US Foods Holding Corp during the first quarter worth approximately $990,000. Parametric Portfolio Associates LLC raised its stake in US Foods Holding Corp by 87.6% in the first quarter. Parametric Portfolio Associates LLC now owns 198,647 shares of the company’s stock worth $5,558,000 after buying an additional 92,772 shares in the last quarter. TFS Capital LLC acquired a new stake in US Foods Holding Corp during the first quarter worth approximately $449,000. Ameriprise Financial Inc. acquired a new stake in US Foods Holding Corp during the first quarter worth approximately $540,000. Finally, Karp Capital Management Corp acquired a new stake in US Foods Holding Corp during the first quarter worth approximately $1,741,000.

Institutional Ownership by Quarter for US Foods Holding Corp (NASDAQ:USFD)

US Foods Holding Corp (NASDAQ USFD) opened at 28.20 on Tuesday. US Foods Holding Corp has a 12 month low of $22.19 and a 12 month high of $30.73. The stock’s 50 day moving average is $29.19 and its 200-day moving average is $27.55. The company has a market capitalization of $6.26 billion and a PE ratio of 27.46.

US Foods Holding Corp (NASDAQ:USFD) last posted its quarterly earnings data on Tuesday, May 9th. The company reported $0.18 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by $0.02. US Foods Holding Corp had a return on equity of 4.21% and a net margin of 0.46%. The firm had revenue of $5.78 billion for the quarter, compared to analyst estimates of $5.78 billion. The company’s revenue was up 3.3% compared to the same quarter last year. On average, analysts expect that US Foods Holding Corp will post $1.34 EPS for the current year.

COPYRIGHT VIOLATION WARNING: “State of Wisconsin Investment Board Lowers Position in US Foods Holding Corp (USFD)” was published by Ticker Report and is owned by of Ticker Report. If you are accessing this piece on another domain, it was stolen and republished in violation of US & international copyright & trademark laws. The original version of this piece can be read at https://www.tickerreport.com/banking-finance/2654725/state-of-wisconsin-investment-board-lowers-position-in-us-foods-holding-corp-usfd.html.

A number of analysts have commented on USFD shares. BMO Capital Markets lifted their target price on shares of US Foods Holding Corp to $29.00 and gave the stock a “market perform” rating in a report on Tuesday, February 21st. Credit Suisse Group reaffirmed an “outperform” rating and set a $32.00 target price (up previously from $22.19) on shares of US Foods Holding Corp in a report on Wednesday, April 5th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of US Foods Holding Corp in a report on Tuesday, April 18th. Zacks Investment Research raised shares of US Foods Holding Corp from a “sell” rating to a “hold” rating in a report on Wednesday, April 19th. Finally, Pivotal Research lifted their target price on shares of US Foods Holding Corp from $25.00 to $29.00 and gave the stock a “hold” rating in a report on Wednesday, May 10th. One research analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $29.71.

In other news, major shareholder Usf Co-Investor No. 2 L.P Cdr sold 22,655,559 shares of the stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $28.25, for a total transaction of $640,019,541.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Pietro Satriano sold 89,932 shares of the stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $28.25, for a total transaction of $2,540,579.00. Following the sale, the insider now owns 164,366 shares of the company’s stock, valued at $4,643,339.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 23,344,441 shares of company stock valued at $659,480,458.

About US Foods Holding Corp

US Foods Holding Corp. is a holding company. The Company is a foodservice distributor in the United States. The Company, through US Foods, Inc (USF), markets and primarily distributes fresh, frozen and dry food and non-food products to foodservice customers throughout the United States. These 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.

Want to see what other hedge funds are holding USFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for US Foods Holding Corp (NASDAQ:USFD).

Receive News & Ratings for US Foods Holding Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Foods Holding Corp and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
President Trump Hurting Tourism in the U.S.
President Trump Hurting Tourism in the U.S.
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.