American Century Companies Inc. Has $16.60 Million Stake in United Natural Foods, Inc. (NYSE:UNFI)

American Century Companies Inc. increased its position in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 23.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,267,280 shares of the company's stock after buying an additional 237,496 shares during the quarter. American Century Companies Inc. owned 2.13% of United Natural Foods worth $16,601,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of UNFI. Headlands Technologies LLC grew its stake in shares of United Natural Foods by 27,431.7% during the 2nd quarter. Headlands Technologies LLC now owns 11,288 shares of the company's stock worth $148,000 after acquiring an additional 11,247 shares in the last quarter. Texas Permanent School Fund Corp increased its stake in United Natural Foods by 27.3% in the 2nd quarter. Texas Permanent School Fund Corp now owns 65,857 shares of the company's stock valued at $863,000 after buying an additional 14,140 shares during the last quarter. Private Management Group Inc. lifted its position in United Natural Foods by 49.5% during the 2nd quarter. Private Management Group Inc. now owns 1,773,670 shares of the company's stock worth $23,235,000 after buying an additional 587,163 shares in the last quarter. Ballentine Partners LLC acquired a new position in shares of United Natural Foods during the 2nd quarter worth about $166,000. Finally, nVerses Capital LLC acquired a new stake in shares of United Natural Foods in the second quarter valued at about $28,000. Institutional investors and hedge funds own 87.63% of the company's stock.

United Natural Foods Stock Performance

UNFI traded up $0.48 during trading hours on Friday, reaching $16.28. The company's stock had a trading volume of 1,877,171 shares, compared to its average volume of 652,936. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.55 and a current ratio of 1.51. The company's 50-day moving average is $14.38 and its 200-day moving average is $12.52. United Natural Foods, Inc. has a 52 week low of $8.58 and a 52 week high of $19.93. The firm has a market cap of $968.17 million, a PE ratio of -6.76 and a beta of 0.64.

Analysts Set New Price Targets

UNFI has been the subject of several recent research reports. UBS Group increased their price target on United Natural Foods from $14.00 to $16.00 and gave the company a "neutral" rating in a research report on Thursday, June 6th. Roth Mkm boosted their target price on shares of United Natural Foods from $13.00 to $14.00 and gave the stock a "neutral" rating in a report on Thursday, June 6th. Finally, StockNews.com raised shares of United Natural Foods from a "sell" rating to a "hold" rating in a research report on Thursday, June 13th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $13.60.

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.