Bfsg LLC Has $144,000 Stake in United Natural Foods, Inc. (NYSE:UNFI)

Bfsg LLC decreased its position in shares of United Natural Foods, Inc. (NYSE:UNFI) by 60.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 5,269 shares of the company’s stock after selling 7,945 shares during the period. Bfsg LLC’s holdings in United Natural Foods were worth $144,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of UNFI. Versant Capital Management Inc increased its holdings in shares of United Natural Foods by 66.5% during the fourth quarter. Versant Capital Management Inc now owns 931 shares of the company’s stock worth $25,000 after buying an additional 372 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of United Natural Foods by 46.0% during the fourth quarter. GAMMA Investing LLC now owns 2,027 shares of the company’s stock valued at $55,000 after purchasing an additional 639 shares during the last quarter. nVerses Capital LLC grew its stake in shares of United Natural Foods by 85.7% during the third quarter. nVerses Capital LLC now owns 3,900 shares of the company’s stock valued at $66,000 after purchasing an additional 1,800 shares during the last quarter. Blue Trust Inc. grew its stake in shares of United Natural Foods by 200.2% during the fourth quarter. Blue Trust Inc. now owns 3,191 shares of the company’s stock valued at $87,000 after purchasing an additional 2,128 shares during the last quarter. Finally, Quest Partners LLC bought a new stake in shares of United Natural Foods during the third quarter valued at approximately $157,000. Institutional investors and hedge funds own 87.63% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Roth Mkm increased their price target on shares of United Natural Foods from $20.00 to $26.00 and gave the company a “neutral” rating in a research note on Thursday, December 12th. BMO Capital Markets increased 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 note on Wednesday, December 11th. Wells Fargo & Company increased their price target on shares of United Natural Foods from $23.00 to $25.00 and gave the company an “underweight” rating in a research note on Friday, January 10th. The Goldman Sachs Group increased their price target on shares of United Natural Foods from $25.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, February 13th. Finally, Guggenheim reissued a “neutral” rating on shares of United Natural Foods in a research note on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $26.40.

United Natural Foods Stock Down 3.6 %

Shares of UNFI stock opened at $32.78 on Wednesday. United Natural Foods, Inc. has a 52-week low of $8.58 and a 52-week high of $34.76. The company has a quick ratio of 0.53, a current ratio of 1.48 and a debt-to-equity ratio of 1.39. The firm’s 50 day moving average price is $28.87 and its two-hundred day moving average price is $22.28.

United Natural Foods (NYSE:UNFI) last announced its quarterly earnings data on Tuesday, December 10th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.18. United Natural Foods had a negative net margin of 0.30% and a positive return on equity of 1.27%. The firm had revenue of $7.90 billion for the quarter, compared to analysts’ expectations of $7.61 billion. During the same period last year, the firm earned ($0.04) earnings per share. The business’s revenue for the quarter was up 4.6% on a year-over-year basis. As a group, equities analysts forecast that United Natural Foods, Inc. will post 0.76 EPS for the current year.

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.