United Natural Foods, Inc. (NYSE:UNFI) Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets raised its position in United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 352.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 108,181 shares of the company's stock after purchasing an additional 84,257 shares during the quarter. BNP Paribas Financial Markets owned 0.18% of United Natural Foods worth $1,820,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD grew its holdings in shares of United Natural Foods by 4.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 43,493 shares of the company's stock valued at $500,000 after purchasing an additional 1,994 shares in the last quarter. CWM LLC raised its stake in shares of United Natural Foods by 661.8% in the second quarter. CWM LLC now owns 3,314 shares of the company's stock valued at $43,000 after acquiring an additional 2,879 shares in the last quarter. Diversified Trust Co boosted its holdings in United Natural Foods by 1.4% in the second quarter. Diversified Trust Co now owns 94,859 shares of the company's stock valued at $1,243,000 after purchasing an additional 1,322 shares during the period. SummerHaven Investment Management LLC grew its stake in United Natural Foods by 3.6% during the 2nd quarter. SummerHaven Investment Management LLC now owns 37,235 shares of the company's stock worth $488,000 after purchasing an additional 1,303 shares in the last quarter. Finally, Keynote Financial Services LLC increased its holdings in United Natural Foods by 6.6% during the 2nd quarter. Keynote Financial Services LLC now owns 17,517 shares of the company's stock worth $229,000 after purchasing an additional 1,091 shares during the period. 87.63% of the stock is currently owned by institutional investors and hedge funds.

United Natural Foods Trading Down 0.9 %

Shares of United Natural Foods stock traded down $0.21 during trading hours on Friday, hitting $24.07. The company had a trading volume of 472,021 shares, compared to its average volume of 606,304. The company's 50-day moving average is $21.62 and its two-hundred day moving average is $16.59. United Natural Foods, Inc. has a twelve month low of $8.58 and a twelve month high of $25.48. The company has a current ratio of 1.44, a quick ratio of 0.52 and a debt-to-equity ratio of 1.28.

United Natural Foods (NYSE:UNFI - Get Free Report) last issued its quarterly earnings data on Tuesday, October 1st. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.09. United Natural Foods had a positive return on equity of 0.54% and a negative net margin of 0.36%. The company had revenue of $8.16 billion for the quarter, compared to analyst estimates of $7.94 billion. During the same quarter last year, the company posted ($0.25) earnings per share. The business's quarterly revenue was up 10.0% compared to the same quarter last year. Sell-side analysts anticipate that United Natural Foods, Inc. will post 0.64 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Northcoast Research raised United Natural Foods from a "neutral" rating to a "buy" rating in a research report on Friday, October 11th. UBS Group boosted their price target on shares of United Natural Foods from $16.00 to $21.00 and gave the stock a "neutral" rating in a report on Wednesday, October 2nd. The Goldman Sachs Group raised their price objective on shares of United Natural Foods from $15.00 to $22.00 and gave the company a "neutral" rating in a report on Monday, October 7th. Finally, BMO Capital Markets boosted their target price on shares of United Natural Foods from $14.00 to $23.00 and gave the stock a "market perform" rating in a research note on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, United Natural Foods has a consensus rating of "Hold" and a consensus target price of $18.40.

Insider Buying and Selling

In other news, insider Danielle Benedict sold 9,050 shares of the company's stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $22.10, for a total transaction of $200,005.00. Following the completion of the sale, the insider now owns 88,218 shares in the company, valued at $1,949,617.80. This represents a 9.30 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.10% of the stock is owned by company insiders.

United Natural Foods Company 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.