Cerity Partners LLC Sells 58,027 Shares of United Natural Foods, Inc. (NYSE:UNFI)

Cerity Partners LLC decreased its position in United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 58.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,023 shares of the company's stock after selling 58,027 shares during the period. Cerity Partners LLC owned approximately 0.07% of United Natural Foods worth $1,067,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. American Century Companies Inc. increased its stake in shares of United Natural Foods by 28.1% in the 4th 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 increased its stake in United Natural Foods by 162.7% in the fourth 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 in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of United Natural Foods by 146.8% during the fourth quarter. JPMorgan Chase & Co. now owns 439,109 shares of the company's stock valued at $11,992,000 after purchasing an additional 261,172 shares during the period. Brandywine Global Investment Management LLC boosted its position in shares of United Natural Foods by 379.5% during the 4th quarter. Brandywine Global Investment Management LLC now owns 201,622 shares of the company's stock worth $5,506,000 after purchasing an additional 159,572 shares in the last quarter. Finally, Advisors Preferred LLC bought a new stake in United Natural Foods in the 4th quarter valued at about $3,637,000. Institutional investors own 87.63% of the company's stock.

United Natural Foods Stock Down 0.1 %

Shares of NYSE UNFI traded down $0.04 during trading on Thursday, hitting $25.70. The stock had a trading volume of 78,981 shares, compared to its average volume of 696,775. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.48 and a quick ratio of 0.53. The firm has a fifty day moving average of $27.24 and a two-hundred day moving average of $26.03. United Natural Foods, Inc. has a 12 month low of $8.66 and a 12 month high of $34.76. The company has a market capitalization of $1.56 billion, a PE ratio of -16.37 and a beta of 1.08.

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 negative net margin of 0.30% and a positive return on equity of 1.27%. The firm had revenue of $8.16 billion during the quarter, compared to analyst estimates of $7.96 billion. During the same quarter last year, the business posted $0.07 EPS. The company's revenue for the quarter was up 4.9% on a year-over-year basis. As a group, equities research analysts forecast that United Natural Foods, Inc. will post 0.76 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on UNFI shares. The Goldman Sachs Group raised their price objective 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. Wells Fargo & Company lifted their price target on shares of United Natural Foods from $23.00 to $25.00 and gave the company an "underweight" rating in a research report on Friday, January 10th. StockNews.com upgraded shares of United Natural Foods from a "hold" rating to a "buy" rating in a research note on Tuesday, April 15th. Finally, CL King upgraded shares of United Natural Foods from a "neutral" rating to a "buy" rating and set a $33.00 price objective for the company in a report on Wednesday, March 12th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target 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.