State of New Jersey Common Pension Fund D Has $5.86 Million Stock Position in US Foods Holding Corp. $USFD

State of New Jersey Common Pension Fund D lifted its position in US Foods Holding Corp. (NYSE:USFD) by 8.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 76,475 shares of the company’s stock after buying an additional 6,144 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in US Foods were worth $5,860,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in USFD. Parkside Financial Bank & Trust boosted its holdings in US Foods by 303.7% in the third quarter. Parkside Financial Bank & Trust now owns 327 shares of the company’s stock worth $25,000 after purchasing an additional 246 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in US Foods by 120.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after purchasing an additional 263 shares during the last quarter. First Horizon Corp bought a new stake in US Foods during the third quarter worth approximately $39,000. MAI Capital Management boosted its position in US Foods by 155.6% during the second quarter. MAI Capital Management now owns 529 shares of the company’s stock worth $41,000 after purchasing an additional 322 shares during the period. Finally, Quent Capital LLC acquired a new position in US Foods during the third quarter valued at approximately $43,000. Institutional investors own 98.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Wall Street Zen downgraded shares of US Foods from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Citigroup boosted their target price on shares of US Foods from $95.00 to $118.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Morgan Stanley set a $94.00 price target on US Foods and gave the company a “mixed” rating in a research report on Friday, February 13th. Weiss Ratings reissued a “buy (b)” rating on shares of US Foods in a research report on Monday, December 29th. Finally, Barclays increased their target price on US Foods from $90.00 to $104.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $107.33.

US Foods Price Performance

Shares of USFD stock opened at $96.59 on Thursday. The stock has a 50 day moving average of $82.45 and a two-hundred day moving average of $78.48. The company has a current ratio of 1.16, a quick ratio of 0.68 and a debt-to-equity ratio of 1.18. The company has a market capitalization of $21.30 billion, a P/E ratio of 32.85, a P/E/G ratio of 1.22 and a beta of 1.02. US Foods Holding Corp. has a 12 month low of $57.36 and a 12 month high of $102.13.

US Foods (NYSE:USFD) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. US Foods had a net margin of 1.71% and a return on equity of 18.74%. The firm had revenue of $9.80 billion for the quarter, compared to the consensus estimate of $9.90 billion. During the same quarter in the previous year, the company earned $0.84 earnings per share. The business’s revenue was up 3.3% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, equities analysts expect that US Foods Holding Corp. will post 3.59 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.