12,335 Shares in United Natural Foods Inc (UNFI) Acquired by Symons Capital Management Inc.

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Symons Capital Management Inc. purchased a new position in shares of United Natural Foods Inc (NASDAQ:UNFI) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 12,335 shares of the company’s stock, valued at approximately $131,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Commonwealth Equity Services LLC increased its stake in shares of United Natural Foods by 3.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 32,338 shares of the company’s stock valued at $342,000 after acquiring an additional 1,050 shares during the last quarter. Bank of Montreal Can increased its stake in shares of United Natural Foods by 20.4% in the 4th quarter. Bank of Montreal Can now owns 6,604 shares of the company’s stock valued at $70,000 after acquiring an additional 1,120 shares during the last quarter. Texas Permanent School Fund increased its stake in shares of United Natural Foods by 4.7% in the 4th quarter. Texas Permanent School Fund now owns 33,252 shares of the company’s stock valued at $352,000 after acquiring an additional 1,503 shares during the last quarter. Teachers Advisors LLC increased its stake in shares of United Natural Foods by 1.2% in the 3rd quarter. Teachers Advisors LLC now owns 163,154 shares of the company’s stock valued at $4,886,000 after acquiring an additional 1,966 shares during the last quarter. Finally, Legal & General Group Plc increased its stake in shares of United Natural Foods by 3.1% in the 3rd quarter. Legal & General Group Plc now owns 82,857 shares of the company’s stock valued at $2,482,000 after acquiring an additional 2,458 shares during the last quarter. Institutional investors and hedge funds own 98.17% of the company’s stock.

A number of analysts have recently commented on the company. Zacks Investment Research raised United Natural Foods from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a research note on Thursday, November 29th. Wells Fargo & Co reissued a “hold” rating on shares of United Natural Foods in a research note on Sunday, December 9th. BMO Capital Markets reissued a “hold” rating and set a $14.00 target price on shares of United Natural Foods in a research note on Monday, December 10th. They noted that the move was a valuation call. BidaskClub cut United Natural Foods from a “sell” rating to a “strong sell” rating in a research note on Saturday, December 1st. Finally, Morgan Stanley lowered their target price on United Natural Foods from $23.00 to $21.00 and set an “underweight” rating for the company in a research note on Friday, December 7th. Three investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $26.58.

Shares of UNFI traded down $0.09 during mid-day trading on Tuesday, hitting $15.05. 15,378 shares of the company’s stock were exchanged, compared to its average volume of 1,641,991. The stock has a market capitalization of $769.32 million, a P/E ratio of 4.85, a P/E/G ratio of 0.82 and a beta of 2.15. United Natural Foods Inc has a 52 week low of $9.23 and a 52 week high of $49.40. The company has a quick ratio of 0.74, a current ratio of 1.59 and a debt-to-equity ratio of 1.77.

United Natural Foods (NASDAQ:UNFI) last issued its quarterly earnings results on Thursday, December 6th. The company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.14). The business had revenue of $2.87 billion for the quarter, compared to the consensus estimate of $2.70 billion. United Natural Foods had a return on equity of 8.58% and a net margin of 1.09%. United Natural Foods’s revenue was up 16.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.60 earnings per share. On average, sell-side analysts anticipate that United Natural Foods Inc will post 1.73 earnings per share for the current fiscal year.

In other United Natural Foods news, SVP Sean Griffin purchased 18,000 shares of the firm’s stock in a transaction dated Wednesday, December 12th. The stock was bought at an average cost of $12.84 per share, with a total value of $231,120.00. Following the purchase, the senior vice president now directly owns 44,108 shares of the company’s stock, valued at $566,346.72. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 1.50% of the stock is owned by company insiders.

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United Natural Foods Profile

United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, and specialty foods and non-food products in the United States and Canada. The company operates through three divisions: Wholesale, Retail, and Manufacturing and Branded Products. The Wholesale division offers grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care products.

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Institutional Ownership by Quarter for United Natural Foods (NASDAQ:UNFI)

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