Horizon Investments LLC Acquires Shares of 19,021 United Natural Foods, Inc. $UNFI

Horizon Investments LLC acquired a new stake in United Natural Foods, Inc. (NYSE:UNFI) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 19,021 shares of the company’s stock, valued at approximately $640,000.

Several other institutional investors have also recently bought and sold shares of the business. Mutual Advisors LLC raised its position in United Natural Foods by 16.0% in the 4th quarter. Mutual Advisors LLC now owns 40,352 shares of the company’s stock valued at $1,359,000 after purchasing an additional 5,553 shares during the last quarter. Torren Management LLC bought a new position in United Natural Foods in the 4th quarter valued at $56,000. Elevated Financial Group LLC acquired a new stake in shares of United Natural Foods in the 4th quarter valued at $330,000. Revisor Wealth Management LLC acquired a new stake in shares of United Natural Foods in the 4th quarter valued at $201,000. Finally, Bayforest Capital Ltd acquired a new stake in shares of United Natural Foods in the 4th quarter valued at $230,000. Institutional investors own 87.63% of the company’s stock.

United Natural Foods Stock Up 4.3%

NYSE UNFI opened at $52.23 on Friday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.52 and a current ratio of 1.33. United Natural Foods, Inc. has a 52 week low of $20.78 and a 52 week high of $52.68. The stock has a fifty day moving average of $43.97 and a 200-day moving average of $39.04. The stock has a market capitalization of $3.17 billion, a P/E ratio of -40.18 and a beta of 0.82.

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

Insider Activity at United Natural Foods

In related news, insider Danielle Benedict sold 4,807 shares of United Natural Foods stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $52.00, for a total transaction of $249,964.00. Following the completion of the sale, the insider directly owned 98,470 shares of the company’s stock, valued at $5,120,440. The trade was a 4.65% decrease in their ownership of the stock. The sale 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 currently owned by company insiders.

Analyst Upgrades and Downgrades

UNFI has been the subject of several research reports. Wall Street Zen cut United Natural Foods from a “buy” rating to a “hold” rating in a research note on Monday, May 4th. BMO Capital Markets lifted their target price on United Natural Foods from $48.00 to $52.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Wells Fargo & Company raised United Natural Foods from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $40.00 to $56.00 in a research note on Thursday, March 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of United Natural Foods in a research note on Wednesday, April 8th. Finally, Zacks Research cut United Natural Foods from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $43.63.

United Natural Foods Profile

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.