United Natural Foods, Inc. (NYSE:UNFI) Shares Sold by Guggenheim Capital LLC

Guggenheim Capital LLC cut its stake in shares of United Natural Foods, Inc. (NYSE:UNFI) by 48.5% in the 4th quarter, Holdings Channel reports. The firm owned 7,422 shares of the company’s stock after selling 7,000 shares during the quarter. Guggenheim Capital LLC’s holdings in United Natural Foods were worth $203,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in UNFI. Versant Capital Management Inc grew 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 valued at $25,000 after purchasing an additional 372 shares during the last quarter. Hazlett Burt & Watson Inc. bought a new position in shares of United Natural Foods during the fourth quarter valued at approximately $27,000. Harvest Fund Management Co. Ltd bought a new position in shares of United Natural Foods during the fourth quarter valued at approximately $37,000. Sterling Capital Management LLC grew its holdings in shares of United Natural Foods by 796.2% during the fourth quarter. Sterling Capital Management LLC now owns 1,882 shares of the company’s stock valued at $51,000 after purchasing an additional 1,672 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in United Natural Foods by 46.0% in the 4th quarter. GAMMA Investing LLC now owns 2,027 shares of the company’s stock worth $55,000 after buying an additional 639 shares in the last quarter. 87.63% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on UNFI shares. The Goldman Sachs Group increased their price objective on United Natural Foods from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, February 13th. StockNews.com raised United Natural Foods from a “hold” rating to a “buy” rating in a report on Tuesday, April 15th. CL King raised United Natural Foods from a “neutral” rating to a “buy” rating and set a $33.00 price objective for the company in a report on Wednesday, March 12th. Finally, Wells Fargo & Company upped their target price 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. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $27.50.

United Natural Foods Price Performance

Shares of NYSE:UNFI opened at $25.92 on Tuesday. United Natural Foods, Inc. has a one year low of $8.90 and a one year high of $34.76. The stock has a fifty day moving average of $26.82 and a 200-day moving average of $26.25. The company has a market capitalization of $1.57 billion, a PE ratio of -16.51 and a beta of 1.08. 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 announced its quarterly earnings data on Tuesday, March 11th. The company reported $0.22 EPS 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 during the quarter, compared to the consensus estimate of $7.96 billion. During the same quarter in the prior year, the firm earned $0.07 EPS. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. As a group, equities analysts anticipate 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.