Susquehanna Fundamental Investments LLC Makes New Investment in United Natural Foods, Inc. (NYSE:UNFI)

Susquehanna Fundamental Investments LLC bought a new stake in United Natural Foods, Inc. (NYSE:UNFI - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 208,781 shares of the company's stock, valued at approximately $5,702,000. Susquehanna Fundamental Investments LLC owned about 0.35% of United Natural Foods as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Versant Capital Management Inc lifted its holdings in shares of United Natural Foods by 66.5% in the 4th quarter. Versant Capital Management Inc now owns 931 shares of the company's stock valued at $25,000 after purchasing an additional 372 shares during the last quarter. Hazlett Burt & Watson Inc. purchased a new stake in shares of United Natural Foods in the 4th quarter valued at about $27,000. Harvest Fund Management Co. Ltd purchased a new stake in shares of United Natural Foods in the 4th quarter valued at about $37,000. Sterling Capital Management LLC lifted its holdings in shares of United Natural Foods by 796.2% in the 4th quarter. Sterling Capital Management LLC now owns 1,882 shares of the company's stock valued at $51,000 after purchasing an additional 1,672 shares during the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of United Natural Foods by 46.0% in the 4th quarter. GAMMA Investing LLC now owns 2,027 shares of the company's stock valued at $55,000 after purchasing an additional 639 shares during the last quarter. 87.63% of the stock is owned by hedge funds and other institutional investors.

United Natural Foods Stock Performance

NYSE UNFI opened at $26.19 on Monday. 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 business's 50 day moving average is $26.94 and its two-hundred day moving average is $26.21. United Natural Foods, Inc. has a 12-month low of $8.90 and a 12-month high of $34.76. The stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of -16.68 and a beta of 1.08.

United Natural Foods (NYSE:UNFI - Get Free Report) last released its quarterly earnings results on Tuesday, March 11th. The company reported $0.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.04. The business had revenue of $8.16 billion for the quarter, compared to analysts' expectations of $7.96 billion. United Natural Foods had a positive return on equity of 1.27% and a negative net margin of 0.30%. The company's revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.07 EPS. Research analysts expect that United Natural Foods, Inc. will post 0.76 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Wells Fargo & Company boosted their target price on United Natural Foods from $23.00 to $25.00 and gave the company an "underweight" rating in a report on Friday, January 10th. StockNews.com upgraded United Natural Foods from a "hold" rating to a "buy" rating in a research report on Tuesday, April 15th. CL King upgraded United Natural Foods from a "neutral" rating to a "buy" rating and set a $33.00 price target on the stock in a research report on Wednesday, March 12th. Finally, The Goldman Sachs Group boosted their price target on United Natural Foods from $25.00 to $28.00 and gave the company a "neutral" rating in a research report on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $27.50.

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.

Want to see what other hedge funds are holding UNFI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Natural Foods, Inc. (NYSE:UNFI - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.