Invst LLC cut its stake in shares of United Natural Foods, Inc. (NYSE:UNFI – Free Report) by 62.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,861 shares of the company’s stock after selling 23,429 shares during the quarter. Invst LLC’s holdings in United Natural Foods were worth $467,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. PNC Financial Services Group Inc. increased its holdings in shares of United Natural Foods by 4.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 7,485 shares of the company’s stock valued at $252,000 after acquiring an additional 285 shares in the last quarter. Oregon Public Employees Retirement Fund increased its holdings in shares of United Natural Foods by 2.1% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 13,894 shares of the company’s stock valued at $468,000 after acquiring an additional 289 shares in the last quarter. Optimize Financial Inc increased its holdings in shares of United Natural Foods by 1.5% during the fourth quarter. Optimize Financial Inc now owns 20,963 shares of the company’s stock valued at $706,000 after acquiring an additional 300 shares in the last quarter. Counterpoint Mutual Funds LLC increased its holdings in shares of United Natural Foods by 1.1% during the third quarter. Counterpoint Mutual Funds LLC now owns 28,948 shares of the company’s stock valued at $1,089,000 after acquiring an additional 320 shares in the last quarter. Finally, ProShare Advisors LLC increased its holdings in shares of United Natural Foods by 3.1% during the fourth quarter. ProShare Advisors LLC now owns 11,662 shares of the company’s stock valued at $393,000 after acquiring an additional 354 shares in the last quarter. 87.63% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on UNFI shares. UBS Group raised their price target 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 raised their price target on United Natural Foods from $40.00 to $46.00 and gave the company a “hold” rating in a report on Thursday, March 12th. Wells Fargo & Company upgraded United Natural Foods from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $40.00 to $56.00 in a report on Thursday, March 26th. Wall Street Zen downgraded United Natural Foods from a “buy” rating to a “hold” rating in a report on Monday, May 4th. Finally, BMO Capital Markets lifted their price objective on United Natural Foods from $48.00 to $52.00 and gave the stock an “outperform” rating in a report on Wednesday, March 11th. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $43.63.
United Natural Foods Price Performance
NYSE UNFI opened at $55.42 on Friday. United Natural Foods, Inc. has a one year low of $20.78 and a one year high of $55.87. The stock has a 50-day moving average of $49.01 and a 200 day moving average of $40.90. The company has a market capitalization of $3.37 billion, a price-to-earnings ratio of -42.63 and a beta of 0.81. 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 (NYSE:UNFI – Get Free Report) last released its quarterly earnings data on Tuesday, March 10th. The company reported $0.62 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $8.11 billion. During the same period last year, the company earned $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. On average, sell-side analysts forecast that United Natural Foods, Inc. will post 2.52 EPS for the current year.
Insider Transactions at United Natural Foods
In other United Natural Foods news, insider Danielle Benedict sold 4,807 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $52.00, for a total value of $249,964.00. Following the transaction, the insider directly owned 98,470 shares of the company’s stock, valued at approximately $5,120,440. This trade represents a 4.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.40% of the company’s stock.
United Natural Foods Company 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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