Arjuna Capital bought a new position in shares of United Natural Foods, Inc. (NYSE:UNFI – Free Report) in the fourth quarter, Holdings Channel reports. The institutional investor bought 19,468 shares of the company’s stock, valued at approximately $655,000.
Several other large investors have also recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its position in shares of United Natural Foods by 0.8% during the third quarter. Dimensional Fund Advisors LP now owns 3,664,356 shares of the company’s stock worth $137,824,000 after purchasing an additional 28,119 shares in the last quarter. American Century Companies Inc. grew its stake in United Natural Foods by 5.5% during the 3rd quarter. American Century Companies Inc. now owns 2,746,073 shares of the company’s stock valued at $103,307,000 after acquiring an additional 142,485 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in United Natural Foods by 40.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,300,414 shares of the company’s stock valued at $48,922,000 after acquiring an additional 374,487 shares in the last quarter. SG Americas Securities LLC grew its holdings in United Natural Foods by 12,660.4% in the 4th quarter. SG Americas Securities LLC now owns 678,979 shares of the company’s stock valued at $22,861,000 after buying an additional 673,658 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in United Natural Foods by 10.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 625,481 shares of the company’s stock valued at $17,132,000 after buying an additional 58,705 shares in the last quarter. 87.63% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several analysts have issued reports on UNFI shares. BMO Capital Markets upped their target price on United Natural Foods from $48.00 to $52.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. UBS Group upped 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. Zacks Research cut United Natural Foods from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Wells Fargo & Company upgraded shares of United Natural Foods from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $40.00 to $56.00 in a report on Thursday, March 26th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a report on Wednesday, April 8th. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $43.63.
Insider Buying and Selling
In other United Natural Foods news, insider Danielle Benedict sold 4,807 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $52.00, for a total value of $249,964.00. Following the completion of the transaction, the insider owned 98,470 shares of the company’s stock, valued at $5,120,440. This trade represents a 4.65% decrease in their position. The sale was disclosed in a filing with the SEC, 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 corporate insiders.
United Natural Foods Stock Performance
NYSE:UNFI opened at $50.56 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. The stock has a market capitalization of $3.07 billion, a P/E ratio of -38.89 and a beta of 0.82. The company has a 50 day moving average price of $45.54 and a 200 day moving average price of $39.53. United Natural Foods, Inc. has a fifty-two week low of $20.78 and a fifty-two week high of $53.18.
United Natural Foods (NYSE:UNFI – Get Free Report) last announced its earnings results on Tuesday, March 10th. The company reported $0.62 EPS for the quarter, beating 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 company had revenue of $7.95 billion during the quarter, compared to analysts’ expectations of $8.11 billion. During the same period last year, the business posted $0.22 EPS. United Natural Foods’s revenue for the quarter was down 2.6% on a year-over-year basis. United Natural Foods has set its FY 2026 guidance at 2.300-2.700 EPS. Equities research analysts forecast that United Natural Foods, Inc. will post 2.52 EPS for the current year.
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.
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