Dark Forest Capital Management LP Has $675,000 Holdings in United Natural Foods, Inc. (NYSE:UNFI)

Dark Forest Capital Management LP raised its holdings in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 137.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,720 shares of the company's stock after acquiring an additional 14,299 shares during the period. Dark Forest Capital Management LP's holdings in United Natural Foods were worth $675,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of UNFI. Virtu Financial LLC acquired a new position in shares of United Natural Foods in the 4th quarter worth approximately $324,000. Amundi lifted its position in shares of United Natural Foods by 368.8% in the fourth quarter. Amundi now owns 62,830 shares of the company's stock worth $1,813,000 after purchasing an additional 49,427 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of United Natural Foods by 118.1% during the third quarter. JPMorgan Chase & Co. now owns 177,937 shares of the company's stock worth $2,993,000 after purchasing an additional 96,341 shares during the period. Brighton Jones LLC purchased a new position in United Natural Foods during the fourth quarter valued at approximately $656,000. Finally, Adero Partners LLC acquired a new position in United Natural Foods in the 4th quarter valued at approximately $243,000. Institutional investors and hedge funds own 87.63% of the company's stock.

United Natural Foods Trading Up 1.6 %

UNFI traded up $0.41 during midday trading on Friday, reaching $26.19. 493,576 shares of the company were exchanged, compared to its average volume of 704,484. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.53 and a current ratio of 1.48. The stock has a market capitalization of $1.59 billion, a P/E ratio of -16.68 and a beta of 1.08. The stock's 50-day simple moving average is $26.94 and its 200 day simple moving average is $26.21. United Natural Foods, Inc. has a one year low of $8.90 and a one year high of $34.76.

United Natural Foods (NYSE:UNFI - Get Free Report) last announced its quarterly earnings results on Tuesday, March 11th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.04. The company had revenue of $8.16 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 4.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.07 earnings per share. As a group, analysts forecast that United Natural Foods, Inc. will post 0.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

United Natural Foods Company 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.