Balyasny Asset Management L.P. Has $890,000 Stock Holdings in United Natural Foods, Inc. (NYSE:UNFI)

Balyasny Asset Management L.P. lessened its position in United Natural Foods, Inc. (NYSE:UNFI) by 56.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 32,591 shares of the company’s stock after selling 43,111 shares during the period. Balyasny Asset Management L.P. owned about 0.05% of United Natural Foods worth $890,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Virtu Financial LLC bought a new position in shares of United Natural Foods in the fourth quarter valued at about $324,000. Amundi raised its holdings in shares of United Natural Foods by 368.8% in the fourth quarter. Amundi now owns 62,830 shares of the company’s stock valued at $1,813,000 after buying an additional 49,427 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of United Natural Foods by 118.1% in the third quarter. JPMorgan Chase & Co. now owns 177,937 shares of the company’s stock valued at $2,993,000 after buying an additional 96,341 shares during the last quarter. Brighton Jones LLC bought a new position in shares of United Natural Foods in the fourth quarter valued at about $656,000. Finally, Adero Partners LLC bought a new position in shares of United Natural Foods in the fourth quarter valued at about $243,000. Institutional investors and hedge funds own 87.63% of the company’s stock.

United Natural Foods Stock Performance

Shares of NYSE:UNFI opened at $28.54 on Thursday. The stock has a market capitalization of $1.73 billion, a P/E ratio of -18.18 and a beta of 1.08. United Natural Foods, Inc. has a 1-year low of $10.23 and a 1-year high of $34.76. 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 has a 50-day moving average price of $26.08 and a two-hundred day moving average price of $26.70.

United Natural Foods (NYSE:UNFI) last announced its quarterly earnings results on Tuesday, March 11th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.04. The company had revenue of $8.16 billion during 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%. United Natural Foods’s revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.07 EPS. Equities analysts predict that United Natural Foods, Inc. will post 0.76 earnings per share for the current year.

Analyst Ratings Changes

UNFI has been the subject of a number of research analyst reports. The Goldman Sachs Group lifted their price target on United Natural Foods from $25.00 to $28.00 and gave the company a “neutral” rating in a report on Thursday, February 13th. StockNews.com raised United Natural Foods from a “hold” rating to a “buy” rating in a report on Tuesday, April 15th. Finally, CL King raised United Natural Foods from a “neutral” rating to a “buy” rating and set a $33.00 price objective for the company in a report on Wednesday, March 12th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, United Natural Foods has a consensus rating of “Hold” and a consensus price target of $27.50.

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.