Nia Impact Advisors LLC raised its position in shares of United Natural Foods, Inc. (NYSE:UNFI – Free Report) by 23.9% during the 4th quarter, Holdings Channel reports. The fund owned 98,588 shares of the company’s stock after purchasing an additional 19,004 shares during the period. Nia Impact Advisors LLC’s holdings in United Natural Foods were worth $3,319,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Cullen Frost Bankers Inc. purchased a new stake in shares of United Natural Foods during the 4th quarter worth approximately $26,000. Quarry LP purchased a new stake in shares of United Natural Foods during the 3rd quarter worth approximately $29,000. Larson Financial Group LLC raised its holdings in shares of United Natural Foods by 4,266.7% during the 3rd quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock worth $30,000 after acquiring an additional 768 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of United Natural Foods during the 4th quarter worth approximately $31,000. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of United Natural Foods by 84.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,332 shares of the company’s stock worth $31,000 after acquiring an additional 609 shares in the last quarter. 87.63% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on UNFI shares. Zacks Research cut United Natural Foods from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft increased their price target on United Natural Foods from $40.00 to $46.00 and gave the company a “hold” rating in a report on Thursday, March 12th. UBS Group increased their price target on United Natural Foods from $42.00 to $44.00 and gave the company a “neutral” rating in a report on Wednesday, March 11th. BMO Capital Markets increased their price target on United Natural Foods from $48.00 to $52.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Finally, Wells Fargo & Company upgraded United Natural Foods from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $40.00 to $56.00 in a report on Thursday, March 26th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $43.63.
United Natural Foods Stock Performance
NYSE:UNFI opened at $49.24 on Monday. The stock’s fifty day moving average is $46.73 and its 200 day moving average is $39.95. United Natural Foods, Inc. has a fifty-two week low of $20.78 and a fifty-two week high of $53.18. The firm has a market capitalization of $2.99 billion, a PE ratio of -37.88 and a beta of 0.82. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.52 and a current ratio of 1.33.
United Natural Foods (NYSE:UNFI – Get Free Report) last announced its quarterly earnings data on Tuesday, March 10th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.51 by $0.11. The company had revenue of $7.95 billion for the quarter, compared to the consensus estimate of $8.11 billion. United Natural Foods had a positive return on equity of 6.05% and a negative net margin of 0.25%.United Natural Foods’s quarterly revenue was down 2.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.22 EPS. United Natural Foods has set its FY 2026 guidance at 2.300-2.700 EPS. On average, sell-side analysts anticipate that United Natural Foods, Inc. will post 2.52 earnings per share for the current year.
Insider Buying and Selling
In other United Natural Foods news, insider Danielle Benedict sold 4,807 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $52.00, for a total value of $249,964.00. Following the transaction, the insider owned 98,470 shares of the company’s stock, valued at $5,120,440. This represents a 4.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.40% of the stock is owned by company insiders.
United Natural Foods Company Profile
United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.
UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.
Read More
- Five stocks we like better than United Natural Foods
- The Smart Glasses Gold Rush Is Leaving Old-School Eyewear Behind
- 3 Rare Earth Stocks That Win No Matter What China Does Next
- Amylyx Stock: Why the Full Pipeline Story Matters
- Palantir and Dell Build an AI OS for the Paranoid
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).
Receive News & Ratings for United Natural Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Natural Foods and related companies with MarketBeat.com's FREE daily email newsletter.
