Baader Bank Aktiengesellschaft acquired a new stake in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 14,751 shares of the company's stock, valued at approximately $403,000.
Other large investors have also modified their holdings of the company. State Street Corp boosted its stake in United Natural Foods by 1.5% in the 3rd quarter. State Street Corp now owns 2,383,733 shares of the company's stock valued at $40,094,000 after buying an additional 34,522 shares in the last quarter. Pekin Hardy Strauss Inc. acquired a new stake in shares of United Natural Foods in the 3rd quarter valued at $595,000. JPMorgan Chase & Co. grew its holdings in shares of United Natural Foods by 118.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 177,937 shares of the company's stock worth $2,993,000 after purchasing an additional 96,341 shares during the last quarter. Brighton Jones LLC acquired a new stake in shares of United Natural Foods during the 4th quarter worth about $656,000. Finally, SG Americas Securities LLC boosted its position in United Natural Foods by 66.8% in the fourth quarter. SG Americas Securities LLC now owns 54,316 shares of the company's stock valued at $1,483,000 after buying an additional 21,750 shares in the last quarter. 87.63% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research firms have recently issued reports on UNFI. The Goldman Sachs Group lifted their target price on shares of United Natural Foods from $15.00 to $22.00 and gave the company a "neutral" rating in a research note on Monday, October 7th. BMO Capital Markets lifted their price objective on United Natural Foods from $23.00 to $32.00 and gave the company a "market perform" rating in a research report on Wednesday, December 11th. Northcoast Research upgraded United Natural Foods from a "neutral" rating to a "buy" rating in a report on Friday, October 11th. Wells Fargo & Company lifted their price target on United Natural Foods from $23.00 to $25.00 and gave the company an "underweight" rating in a report on Friday, January 10th. Finally, Roth Mkm increased their price objective on shares of United Natural Foods from $20.00 to $26.00 and gave the stock a "neutral" rating in a report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, United Natural Foods has an average rating of "Hold" and an average price target of $25.20.
Check Out Our Latest Analysis on UNFI
United Natural Foods Trading Down 0.5 %
Shares of UNFI traded down $0.13 during trading hours on Monday, hitting $29.61. 451,768 shares of the stock traded hands, compared to its average volume of 567,394. The business has a fifty day moving average of $27.30 and a 200-day moving average of $20.85. The firm has a market capitalization of $1.77 billion, a PE ratio of -18.83 and a beta of 0.62. United Natural Foods, Inc. has a 1-year low of $8.58 and a 1-year high of $32.20. The company has a current ratio of 1.48, a quick ratio of 0.53 and a debt-to-equity ratio of 1.39.
United Natural Foods (NYSE:UNFI - Get Free Report) last released its earnings results on Tuesday, December 10th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.02) by $0.18. United Natural Foods had a negative net margin of 0.30% and a positive return on equity of 1.27%. The company had revenue of $7.90 billion for the quarter, compared to the consensus estimate of $7.61 billion. During the same period in the prior year, the company posted ($0.04) EPS. The company's revenue was up 4.6% compared to the same quarter last year. Analysts expect that United Natural Foods, Inc. will post 0.76 EPS for the current year.
United Natural Foods Profile
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Free Report)
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.
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