SG Americas Securities LLC Grows Stock Position in United Natural Foods, Inc. (NYSE:UNFI)

SG Americas Securities LLC grew its position in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 66.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,316 shares of the company's stock after buying an additional 21,750 shares during the period. SG Americas Securities LLC owned approximately 0.09% of United Natural Foods worth $1,483,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Versant Capital Management Inc boosted its position in United Natural Foods by 66.5% in the fourth quarter. Versant Capital Management Inc now owns 931 shares of the company's stock valued at $25,000 after buying an additional 372 shares in the last quarter. GAMMA Investing LLC lifted its stake in United Natural Foods by 46.0% in the fourth quarter. GAMMA Investing LLC now owns 2,027 shares of the company's stock valued at $55,000 after buying an additional 639 shares during the period. nVerses Capital LLC raised its holdings in shares of United Natural Foods by 85.7% during the third quarter. nVerses Capital LLC now owns 3,900 shares of the company's stock valued at $66,000 after purchasing an additional 1,800 shares during the period. Canada Pension Plan Investment Board bought a new stake in shares of United Natural Foods during the second quarter valued at approximately $94,000. Finally, Quest Partners LLC bought a new position in shares of United Natural Foods in the third quarter valued at $157,000. Institutional investors and hedge funds own 87.63% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. The Goldman Sachs Group upped their price target on United Natural Foods from $15.00 to $22.00 and gave the stock a "neutral" rating in a report on Monday, October 7th. Guggenheim reaffirmed a "neutral" rating on shares of United Natural Foods in a research note on Thursday, December 12th. Wells Fargo & Company boosted their price target on United Natural Foods from $23.00 to $25.00 and gave the company an "underweight" rating in a report on Friday, January 10th. Northcoast Research raised shares of United Natural Foods from a "neutral" rating to a "buy" rating in a research report on Friday, October 11th. Finally, UBS Group lifted their target price on United Natural Foods from $16.00 to $21.00 and gave the stock a "neutral" rating in a report on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $25.20.

United Natural Foods Stock Performance

NYSE UNFI traded up $1.18 on Tuesday, hitting $30.36. 803,741 shares of the company's stock traded hands, compared to its average volume of 581,991. The firm has a market capitalization of $1.82 billion, a PE ratio of -19.34 and a beta of 0.63. The company has a current ratio of 1.48, a quick ratio of 0.53 and a debt-to-equity ratio of 1.39. The firm's 50-day moving average price is $26.73 and its two-hundred day moving average price is $20.38. United Natural Foods, Inc. has a 1-year low of $8.58 and a 1-year high of $32.20.

United Natural Foods (NYSE:UNFI - Get Free Report) last posted its quarterly earnings results on Tuesday, December 10th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.18. 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 $7.90 billion during the quarter, compared to analysts' expectations of $7.61 billion. During the same quarter last year, the firm earned ($0.04) earnings per share. The business's revenue for the quarter was up 4.6% on a year-over-year basis. As a group, analysts expect 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.