United Natural Foods, Inc. (NYSE:UNFI) Position Cut by Private Management Group Inc.

Private Management Group Inc. decreased its holdings in United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 62.9% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 655,615 shares of the company's stock after selling 1,113,237 shares during the period. Private Management Group Inc. owned approximately 1.09% of United Natural Foods worth $17,905,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Versant Capital Management Inc raised its holdings in shares of United Natural Foods by 66.5% during the 4th quarter. Versant Capital Management Inc now owns 931 shares of the company's stock valued at $25,000 after buying an additional 372 shares during the period. Ballentine Partners LLC raised its stake in shares of United Natural Foods by 3.5% during the fourth quarter. Ballentine Partners LLC now owns 15,529 shares of the company's stock valued at $424,000 after purchasing an additional 521 shares during the period. GAMMA Investing LLC lifted its position in shares of United Natural Foods by 46.0% during the fourth quarter. GAMMA Investing LLC now owns 2,027 shares of the company's stock worth $55,000 after purchasing an additional 639 shares in the last quarter. Yousif Capital Management LLC boosted its stake in shares of United Natural Foods by 2.7% in the fourth quarter. Yousif Capital Management LLC now owns 31,951 shares of the company's stock valued at $873,000 after purchasing an additional 834 shares during the period. Finally, Creative Planning grew its holdings in United Natural Foods by 7.6% during the 3rd quarter. Creative Planning now owns 13,506 shares of the company's stock valued at $227,000 after purchasing an additional 953 shares in the last quarter. 87.63% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

UNFI has been the topic of a number of recent analyst reports. Roth Mkm boosted 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. Wells Fargo & Company boosted their price target 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. Guggenheim restated a "neutral" rating on shares of United Natural Foods in a research note on Thursday, December 12th. Finally, BMO Capital Markets upped their target price 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. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, United Natural Foods has an average rating of "Hold" and an average target price of $25.20.

United Natural Foods Trading Down 3.7 %

NYSE:UNFI traded down $1.13 during mid-day trading on Friday, reaching $29.73. The stock had a trading volume of 449,527 shares, compared to its average volume of 517,989. The company has a quick ratio of 0.53, a current ratio of 1.48 and a debt-to-equity ratio of 1.39. United Natural Foods, Inc. has a 1-year low of $8.58 and a 1-year high of $32.20. The stock's 50 day simple moving average is $27.85 and its two-hundred day simple moving average is $21.36.

United Natural Foods (NYSE:UNFI - Get Free Report) last issued its earnings results on Tuesday, December 10th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.18. The company had revenue of $7.90 billion during the quarter, compared to analyst estimates of $7.61 billion. United Natural Foods had a positive return on equity of 1.27% and a negative net margin of 0.30%. The business's revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the firm earned ($0.04) EPS. Research analysts anticipate that United Natural Foods, Inc. will post 0.76 EPS for the current fiscal year.

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.