State of Wyoming Has $302,000 Stock Holdings in US Foods Holding Corp. $USFD

State of Wyoming decreased its position in US Foods Holding Corp. (NYSE:USFD) by 65.3% during the 1st quarter, Holdings Channel.com reports. The fund owned 3,272 shares of the company’s stock after selling 6,171 shares during the quarter. State of Wyoming’s holdings in US Foods were worth $302,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers raised its holdings in US Foods by 3.8% during the 1st quarter. Cetera Investment Advisers now owns 23,576 shares of the company’s stock worth $2,174,000 after purchasing an additional 873 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in US Foods by 13.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 9,881 shares of the company’s stock valued at $911,000 after purchasing an additional 1,147 shares during the period. Earned Wealth Advisors LLC bought a new position in shares of US Foods in the 1st quarter valued at about $225,000. Commonwealth Financial Services LLC bought a new position in shares of US Foods in the 1st quarter valued at about $200,000. Finally, Meeder Advisory Services Inc. acquired a new stake in shares of US Foods during the 1st quarter worth approximately $203,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. TD Cowen started coverage on shares of US Foods in a research note on Tuesday, July 7th. They set a “buy” rating and a $116.00 price target for the company. BTIG Research reduced their price objective on shares of US Foods from $110.00 to $105.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Wall Street Zen lowered shares of US Foods from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Piper Sandler dropped their target price on shares of US Foods from $103.00 to $88.00 and set a “neutral” rating for the company in a research report on Monday, June 1st. Finally, Zacks Research downgraded US Foods from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 1st. Eleven research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $107.00.

US Foods Price Performance

US Foods stock opened at $101.47 on Wednesday. The firm has a market capitalization of $22.35 billion, a P/E ratio of 34.17, a PEG ratio of 1.27 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. The business has a 50-day moving average of $93.04 and a 200-day moving average of $90.76. 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 announced its quarterly earnings results on Thursday, May 7th. The company reported $0.78 earnings per share 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 analyst estimates of $9.66 billion. During the same quarter in the prior year, the business earned $0.68 earnings per share. The business’s revenue was up 2.8% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities analysts anticipate that US Foods Holding Corp. will post 4.35 EPS for the current year.

US Foods Company 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.