28,846 Shares in United Natural Foods, Inc. (NYSE:UNFI) Acquired by CenterBook Partners LP

CenterBook Partners LP purchased a new position in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 28,846 shares of the company's stock, valued at approximately $788,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. American Century Companies Inc. raised its position in United Natural Foods by 28.1% during the fourth quarter. American Century Companies Inc. now owns 2,018,248 shares of the company's stock valued at $55,118,000 after acquiring an additional 442,574 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of United Natural Foods by 162.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 587,697 shares of the company's stock valued at $16,050,000 after purchasing an additional 363,962 shares during the period. JPMorgan Chase & Co. boosted its holdings in United Natural Foods by 146.8% during the fourth quarter. JPMorgan Chase & Co. now owns 439,109 shares of the company's stock worth $11,992,000 after buying an additional 261,172 shares in the last quarter. Brandywine Global Investment Management LLC grew its position in United Natural Foods by 379.5% during the fourth quarter. Brandywine Global Investment Management LLC now owns 201,622 shares of the company's stock valued at $5,506,000 after buying an additional 159,572 shares during the period. Finally, Advisors Preferred LLC purchased a new position in United Natural Foods in the fourth quarter valued at $3,637,000. Institutional investors and hedge funds own 87.63% of the company's stock.

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Analyst Upgrades and Downgrades

Several research firms have recently issued reports on UNFI. CL King raised 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 note on Wednesday, March 12th. The Goldman Sachs Group increased their price target on United Natural Foods from $25.00 to $28.00 and gave the stock a "neutral" rating in a research report on Thursday, February 13th. StockNews.com raised United Natural Foods from a "hold" rating to a "buy" rating in a report on Tuesday. Finally, Wells Fargo & Company upped their target price on United Natural Foods from $23.00 to $25.00 and gave the stock an "underweight" rating in a research note on Friday, January 10th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, United Natural Foods currently has a consensus rating of "Hold" and an average target price of $27.50.

United Natural Foods Price Performance

Shares of United Natural Foods stock traded down $0.58 during mid-day trading on Tuesday, reaching $24.06. 366,162 shares of the stock traded hands, compared to its average volume of 709,836. The company has a quick ratio of 0.53, a current ratio of 1.48 and a debt-to-equity ratio of 1.39. The business has a 50-day moving average of $28.21 and a 200 day moving average of $25.87. The stock has a market capitalization of $1.46 billion, a PE ratio of -15.32 and a beta of 1.08. United Natural Foods, Inc. has a fifty-two week low of $8.58 and a fifty-two week high of $34.76.

United Natural Foods (NYSE:UNFI - Get Free Report) last posted its quarterly earnings data on Tuesday, March 11th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.18 by $0.04. United Natural Foods had a positive return on equity of 1.27% and a negative net margin of 0.30%. The firm had revenue of $8.16 billion during the quarter, compared to the consensus estimate of $7.96 billion. During the same period in the prior year, the company earned $0.07 EPS. The firm's revenue was up 4.9% compared to the same quarter last year. On average, analysts predict that United Natural Foods, Inc. will post 0.76 EPS for the current year.

About United Natural Foods

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.