United Natural Foods, Inc. (NYSE:UNFI) Shares Sold by Wolverine Asset Management LLC

Wolverine Asset Management LLC cut its stake in United Natural Foods, Inc. (NYSE:UNFI) by 6.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,800 shares of the company’s stock after selling 1,000 shares during the period. Wolverine Asset Management LLC’s holdings in United Natural Foods were worth $404,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of UNFI. Versant Capital Management Inc boosted 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. Ballentine Partners LLC raised its position in shares of United Natural Foods by 3.5% in the 4th quarter. Ballentine Partners LLC now owns 15,529 shares of the company’s stock worth $424,000 after buying an additional 521 shares during the period. GAMMA Investing LLC boosted its holdings in United Natural Foods by 46.0% in the fourth quarter. GAMMA Investing LLC now owns 2,027 shares of the company’s stock valued at $55,000 after acquiring an additional 639 shares during the last quarter. Yousif Capital Management LLC grew its position in United Natural Foods by 2.7% during the fourth quarter. Yousif Capital Management LLC now owns 31,951 shares of the company’s stock valued at $873,000 after acquiring an additional 834 shares during the period. Finally, Creative Planning increased its stake in United Natural Foods by 7.6% during the third quarter. Creative Planning now owns 13,506 shares of the company’s stock worth $227,000 after acquiring an additional 953 shares during the last quarter. 87.63% of the stock is currently owned by hedge funds and other institutional investors.

United Natural Foods Trading Down 1.9 %

NYSE UNFI opened at $31.68 on Monday. The stock has a market cap of $1.90 billion, a P/E ratio of -20.18 and a beta of 0.62. The company’s fifty day simple moving average is $29.08 and its 200-day simple moving average is $22.67. The company has a current ratio of 1.48, a quick ratio of 0.53 and a debt-to-equity ratio of 1.39. United Natural Foods, Inc. has a 52 week low of $8.58 and a 52 week high of $34.76.

United Natural Foods (NYSE:UNFI) last issued its quarterly earnings data on Tuesday, December 10th. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.18. The firm had revenue of $7.90 billion for the quarter, compared to analyst estimates of $7.61 billion. United Natural Foods had a negative net margin of 0.30% and a positive return on equity of 1.27%. The firm’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.04) EPS. Equities research analysts predict that United Natural Foods, Inc. will post 0.76 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on UNFI. The Goldman Sachs Group lifted their price objective on United Natural Foods from $25.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, February 13th. BMO Capital Markets lifted their price target on shares of United Natural Foods from $23.00 to $32.00 and gave the company a “market perform” rating in a research report on Wednesday, December 11th. Wells Fargo & Company increased their price objective on shares of United Natural Foods from $23.00 to $25.00 and gave the stock an “underweight” rating in a research report on Friday, January 10th. Guggenheim restated a “neutral” rating on shares of United Natural Foods in a report on Thursday, December 12th. Finally, Roth Mkm upped their price target on shares of United Natural Foods from $20.00 to $26.00 and gave the stock a “neutral” rating in a research report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $26.40.

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.