15,466 Shares in United Natural Foods, Inc. $UNFI Purchased by Trek Financial LLC

Trek Financial LLC purchased a new position in United Natural Foods, Inc. (NYSE:UNFI) in the fourth quarter, Holdings Channel reports. The fund purchased 15,466 shares of the company’s stock, valued at approximately $521,000.

A number of other large investors also recently bought and sold shares of the business. Counterpoint Mutual Funds LLC raised its holdings in United Natural Foods by 1.1% in the 3rd quarter. Counterpoint Mutual Funds LLC now owns 28,948 shares of the company’s stock worth $1,089,000 after purchasing an additional 320 shares during the period. Highland Capital Management LLC raised its holdings in United Natural Foods by 3.7% in the 4th quarter. Highland Capital Management LLC now owns 10,013 shares of the company’s stock worth $337,000 after purchasing an additional 361 shares during the period. Farther Finance Advisors LLC raised its holdings in United Natural Foods by 60.7% in the 4th quarter. Farther Finance Advisors LLC now owns 993 shares of the company’s stock worth $33,000 after purchasing an additional 375 shares during the period. Smartleaf Asset Management LLC raised its holdings in United Natural Foods by 32.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,563 shares of the company’s stock worth $59,000 after purchasing an additional 379 shares during the period. Finally, State of Alaska Department of Revenue raised its holdings in shares of United Natural Foods by 1.3% during the fourth quarter. State of Alaska Department of Revenue now owns 30,883 shares of the company’s stock valued at $1,039,000 after acquiring an additional 407 shares during the last quarter. Institutional investors and hedge funds own 87.63% of the company’s stock.

United Natural Foods Price Performance

Shares of United Natural Foods stock opened at $52.17 on Thursday. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.33 and a quick ratio of 0.52. The business has a 50 day simple moving average of $45.03 and a two-hundred day simple moving average of $39.36. The stock has a market capitalization of $3.17 billion, a P/E ratio of -40.13 and a beta of 0.82. United Natural Foods, Inc. has a 12 month low of $20.78 and a 12 month high of $53.18.

United Natural Foods (NYSE:UNFI) last posted its quarterly earnings results on Tuesday, March 10th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.11. The business had revenue of $7.95 billion during the quarter, compared to analyst estimates of $8.11 billion. United Natural Foods had a positive return on equity of 6.05% and a negative net margin of 0.25%.The business’s revenue was down 2.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.22 earnings per share. United Natural Foods has set its FY 2026 guidance at 2.300-2.700 EPS. As a group, analysts predict that United Natural Foods, Inc. will post 2.52 EPS for the current fiscal year.

Analyst Ratings Changes

UNFI has been the subject of a number of research analyst reports. Wall Street Zen cut United Natural Foods from a “buy” rating to a “hold” rating in a report on Monday, May 4th. Wells Fargo & Company raised United Natural Foods from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $40.00 to $56.00 in a report on Thursday, March 26th. UBS Group increased their target price on United Natural Foods from $42.00 to $44.00 and gave the company a “neutral” rating in a report on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft increased their target price on United Natural Foods from $40.00 to $46.00 and gave the company a “hold” rating in a report on Thursday, March 12th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of United Natural Foods in a report on Wednesday, April 8th. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, United Natural Foods currently has an average rating of “Hold” and an average price target of $43.63.

Insider Activity

In other news, insider Danielle Benedict sold 4,807 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $52.00, for a total value of $249,964.00. Following the completion of the sale, the insider directly owned 98,470 shares in the company, valued at $5,120,440. This represents a 4.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.40% of the stock is owned by company insiders.

About United Natural Foods

United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.

UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.