Barclays PLC Has $5.69 Million Position in United Natural Foods, Inc. (NYSE:UNFI)

Barclays PLC raised its stake in shares of United Natural Foods, Inc. (NYSE:UNFI) by 68.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 208,529 shares of the company’s stock after purchasing an additional 84,572 shares during the period. Barclays PLC’s holdings in United Natural Foods were worth $5,694,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC grew its stake in United Natural Foods by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 1,358,340 shares of the company’s stock valued at $22,852,000 after buying an additional 14,928 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in United Natural Foods by 118.1% during the third quarter. JPMorgan Chase & Co. now owns 177,937 shares of the company’s stock valued at $2,993,000 after acquiring an additional 96,341 shares during the period. Versant Capital Management Inc grew its position in shares of United Natural Foods by 66.5% in the fourth 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 increased its stake in shares of United Natural Foods by 46.0% in the fourth quarter. GAMMA Investing LLC now owns 2,027 shares of the company’s stock worth $55,000 after purchasing an additional 639 shares during the period. Finally, Ballentine Partners LLC lifted its position in shares of United Natural Foods by 3.5% during the 4th quarter. Ballentine Partners LLC now owns 15,529 shares of the company’s stock worth $424,000 after purchasing an additional 521 shares during the last quarter. Institutional investors own 87.63% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Wells Fargo & Company lifted their price target on United Natural Foods from $23.00 to $25.00 and gave the stock an “underweight” rating in a research report on Friday, January 10th. CL King upgraded shares of United Natural Foods from a “neutral” rating to a “buy” rating and set a $33.00 target price for the company in a research note on Wednesday, March 12th. The Goldman Sachs Group raised their price target on shares of United Natural Foods from $25.00 to $28.00 and gave the stock a “neutral” rating in a research report on Thursday, February 13th. Finally, StockNews.com raised shares of United Natural Foods from a “hold” rating to a “buy” rating in a research report on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, United Natural Foods presently has an average rating of “Hold” and a consensus target price of $27.50.

United Natural Foods Price Performance

Shares of United Natural Foods stock opened at $26.19 on Friday. The firm has a market cap of $1.59 billion, a P/E ratio of -16.68 and a beta of 1.08. The firm’s 50-day simple moving average is $26.94 and its 200-day simple moving average is $26.12. United Natural Foods, Inc. has a twelve month low of $8.82 and a twelve month high of $34.76. 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 (NYSE:UNFI) last released its quarterly earnings data on Tuesday, March 11th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.04. United Natural Foods had a positive return on equity of 1.27% and a negative net margin of 0.30%. The company had revenue of $8.16 billion for the quarter, compared to the consensus estimate of $7.96 billion. During the same period in the previous year, the business earned $0.07 earnings per share. The company’s quarterly revenue was up 4.9% on a year-over-year basis. As a group, research analysts expect that United Natural Foods, Inc. will post 0.76 EPS for the current fiscal 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.