Illinois Municipal Retirement Fund Has $766,000 Holdings in United Natural Foods, Inc. (NYSE:UNFI)

Illinois Municipal Retirement Fund lessened its holdings in United Natural Foods, Inc. (NYSE:UNFI) by 12.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,061 shares of the company’s stock after selling 4,118 shares during the period. Illinois Municipal Retirement Fund’s holdings in United Natural Foods were worth $766,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of UNFI. Versant Capital Management Inc grew its holdings in shares of United Natural Foods by 66.5% during 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. 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 worth $55,000 after buying an additional 639 shares during the last quarter. Blue Trust Inc. increased its holdings 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 worth $87,000 after buying an additional 2,128 shares in the last quarter. Quest Partners LLC bought a new position in shares of United Natural Foods in the 3rd quarter valued at $157,000. Finally, Citizens Financial Group Inc. RI acquired a new stake in shares of United Natural Foods during the 3rd quarter valued at $182,000. Institutional investors and hedge funds own 87.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on UNFI. BMO Capital Markets upped their target price on United Natural Foods from $23.00 to $32.00 and gave the stock a “market perform” rating in a report on Wednesday, December 11th. Guggenheim reaffirmed a “neutral” rating on shares of United Natural Foods in a research note on Thursday, December 12th. Wells Fargo & Company lifted their target price 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. Roth Mkm upped 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 report on Thursday, December 12th. Finally, The Goldman Sachs Group lifted their price target on shares of United Natural Foods from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, United Natural Foods has an average rating of “Hold” and a consensus price target of $26.40.

United Natural Foods Stock Down 8.6 %

Shares of NYSE UNFI opened at $29.06 on Tuesday. The company’s 50 day moving average price is $29.65 and its 200-day moving average price is $23.46. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.53 and a current ratio of 1.48. United Natural Foods, Inc. has a 52-week low of $8.58 and a 52-week high of $34.76. The company has a market capitalization of $1.74 billion, a P/E ratio of -18.51 and a beta of 0.62.

United Natural Foods (NYSE:UNFI) last issued its quarterly earnings results on Tuesday, December 10th. The company reported $0.16 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 business had revenue of $7.90 billion for the quarter, compared to analysts’ expectations of $7.61 billion. During the same quarter in the prior year, the firm posted ($0.04) earnings per share. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. Equities analysts forecast that United Natural Foods, Inc. will post 0.76 earnings per share for the current year.

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.