24,411 Shares in United Natural Foods, Inc. (NYSE:UNFI) Acquired by Quantbot Technologies LP

Quantbot Technologies LP bought a new position in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 24,411 shares of the company's stock, valued at approximately $667,000.

Several other hedge funds and other institutional investors have also modified their holdings of UNFI. Versant Capital Management Inc grew its holdings in United Natural Foods by 66.5% in the 4th quarter. Versant Capital Management Inc now owns 931 shares of the company's stock valued at $25,000 after buying an additional 372 shares in the last quarter. Harvest Fund Management Co. Ltd bought a new stake in shares of United Natural Foods in the fourth quarter valued at about $37,000. GAMMA Investing LLC grew its stake in shares of United Natural Foods by 46.0% in the fourth quarter. GAMMA Investing LLC now owns 2,027 shares of the company's stock valued at $55,000 after acquiring an additional 639 shares in the last quarter. Smartleaf Asset Management LLC increased its position in United Natural Foods by 186.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,391 shares of the company's stock worth $65,000 after acquiring an additional 1,557 shares during the period. Finally, Blue Trust Inc. raised its stake in United Natural Foods by 200.2% in the 4th quarter. Blue Trust Inc. now owns 3,191 shares of the company's stock worth $87,000 after purchasing an additional 2,128 shares in the last quarter. Institutional investors own 87.63% of the company's stock.

United Natural Foods Price Performance

Shares of UNFI traded up $0.68 during midday trading on Monday, hitting $27.38. The company's stock had a trading volume of 857,897 shares, compared to its average volume of 705,331. The company has a quick ratio of 0.53, a current ratio of 1.48 and a debt-to-equity ratio of 1.39. United Natural Foods, Inc. has a one year low of $8.58 and a one year high of $34.76. The stock has a market capitalization of $1.66 billion, a price-to-earnings ratio of -17.44 and a beta of 0.56. The company's fifty day simple moving average is $29.24 and its two-hundred day simple moving average is $25.19.

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United Natural Foods (NYSE:UNFI - Get Free Report) last issued its earnings results on Tuesday, March 11th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.18 by $0.04. The firm had revenue of $8.16 billion during the quarter, compared to the consensus estimate of $7.96 billion. United Natural Foods had a positive return on equity of 1.27% and a negative net margin of 0.30%. The business's quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.07 earnings per share. As a group, equities analysts expect that United Natural Foods, Inc. will post 0.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. CL King upgraded shares of United Natural Foods from a "neutral" rating to a "buy" rating and set a $33.00 target price on the stock in a research report on Wednesday, March 12th. The Goldman Sachs Group boosted their price target on United Natural Foods from $25.00 to $28.00 and gave the company a "neutral" rating in a research note on Thursday, February 13th. BMO Capital Markets raised their price objective on United Natural Foods from $23.00 to $32.00 and gave the stock a "market perform" rating in a research note on Wednesday, December 11th. Wells Fargo & Company upped their target price on United Natural Foods from $23.00 to $25.00 and gave the company an "underweight" rating in a research report on Friday, January 10th. Finally, Roth Mkm increased their target price on United Natural Foods from $20.00 to $26.00 and gave the stock a "neutral" rating in a report on Thursday, December 12th. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $27.50.

United Natural Foods Profile

United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.