Mutual Advisors LLC Decreases Stock Holdings in United Natural Foods, Inc. (NYSE:UNFI)

Mutual Advisors LLC lowered its stake in shares of United Natural Foods, Inc. (NYSE:UNFI) by 12.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 31,066 shares of the company’s stock after selling 4,447 shares during the quarter. Mutual Advisors LLC owned about 0.05% of United Natural Foods worth $504,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. SG Americas Securities LLC lifted its stake in shares of United Natural Foods by 28.2% in the fourth quarter. SG Americas Securities LLC now owns 21,289 shares of the company’s stock worth $346,000 after buying an additional 4,689 shares in the last quarter. Nordea Investment Management AB increased its holdings in United Natural Foods by 24.7% during the fourth quarter. Nordea Investment Management AB now owns 136,489 shares of the company’s stock valued at $2,221,000 after buying an additional 27,005 shares during the last quarter. Vanguard Group Inc. increased its holdings in United Natural Foods by 3.9% during the third quarter. Vanguard Group Inc. now owns 7,434,767 shares of the company’s stock valued at $105,128,000 after buying an additional 277,636 shares during the last quarter. American Century Companies Inc. increased its stake in shares of United Natural Foods by 17.6% in the third quarter. American Century Companies Inc. now owns 556,590 shares of the company’s stock worth $7,870,000 after purchasing an additional 83,498 shares in the last quarter. Finally, Deutsche Bank AG increased its stake in shares of United Natural Foods by 13.4% in the third quarter. Deutsche Bank AG now owns 29,934 shares of the company’s stock worth $423,000 after purchasing an additional 3,530 shares in the last quarter. Hedge funds and other institutional investors own 87.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Roth Mkm restated a “neutral” rating and set a $13.00 target price (down previously from $15.00) on shares of United Natural Foods in a research report on Thursday, March 7th. Wells Fargo & Company lowered their target price on shares of United Natural Foods from $15.00 to $12.00 and set an “underweight” rating for the company in a report on Thursday, March 7th. The Goldman Sachs Group lowered their target price on shares of United Natural Foods from $15.00 to $13.00 and set a “neutral” rating for the company in a report on Thursday, December 7th. UBS Group raised their price target on shares of United Natural Foods from $15.00 to $16.00 and gave the stock a “neutral” rating in a research note on Thursday, December 7th. Finally, StockNews.com downgraded shares of United Natural Foods from a “hold” rating to a “sell” rating in a research note on Thursday, March 14th. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $13.40.

United Natural Foods Trading Up 3.9 %

NYSE UNFI opened at $11.85 on Thursday. United Natural Foods, Inc. has a one year low of $11.38 and a one year high of $28.37. The company has a market capitalization of $704.36 million, a price-to-earnings ratio of -6.08 and a beta of 0.58. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.54 and a current ratio of 1.53. The company’s 50-day simple moving average is $14.46 and its two-hundred day simple moving average is $15.20.

United Natural Foods (NYSE:UNFI) last released its quarterly earnings results on Wednesday, March 6th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.09. United Natural Foods had a negative net margin of 0.38% and a positive return on equity of 1.20%. The business had revenue of $7.78 billion for the quarter, compared to analysts’ expectations of $7.87 billion. During the same period last year, the business earned $0.78 EPS. The company’s revenue was down .5% compared to the same quarter last year. Equities analysts forecast that United Natural Foods, Inc. will post 0.03 EPS for the current fiscal year.

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.