Fuller & Thaler Asset Management Inc. Trims Stake in United Natural Foods, Inc. $UNFI

Fuller & Thaler Asset Management Inc. lessened its stake in United Natural Foods, Inc. (NYSE:UNFI) by 17.7% during the 1st quarter, HoldingsChannel reports. The firm owned 24,638 shares of the company’s stock after selling 5,310 shares during the quarter. Fuller & Thaler Asset Management Inc.’s holdings in United Natural Foods were worth $675,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in UNFI. Caitong International Asset Management Co. Ltd lifted its stake in shares of United Natural Foods by 1,672.7% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 975 shares of the company’s stock valued at $27,000 after purchasing an additional 920 shares during the period. Aquatic Capital Management LLC acquired a new position in shares of United Natural Foods in the fourth quarter worth about $47,000. Sterling Capital Management LLC boosted its stake in shares of United Natural Foods by 796.2% during the 4th quarter. Sterling Capital Management LLC now owns 1,882 shares of the company’s stock worth $51,000 after acquiring an additional 1,672 shares in the last quarter. Picton Mahoney Asset Management acquired a new stake in shares of United Natural Foods during the 1st quarter valued at about $69,000. Finally, Quarry LP increased its stake in shares of United Natural Foods by 135.6% in the 4th quarter. Quarry LP now owns 2,667 shares of the company’s stock valued at $73,000 after purchasing an additional 1,535 shares in the last quarter. 87.63% of the stock is owned by hedge funds and other institutional investors.

United Natural Foods Stock Up 1.9%

NYSE UNFI opened at $27.2790 on Thursday. The business has a fifty day moving average price of $24.87 and a 200 day moving average price of $26.90. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.51 and a current ratio of 1.41. The company has a market cap of $1.65 billion, a P/E ratio of -23.72 and a beta of 0.82. United Natural Foods, Inc. has a one year low of $13.16 and a one year high of $34.76.

United Natural Foods (NYSE:UNFI) last released its earnings results on Tuesday, June 10th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.22. The business had revenue of $8.06 billion during the quarter, compared to analyst estimates of $7.78 billion. United Natural Foods had a negative net margin of 0.21% and a positive return on equity of 3.13%. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.10 earnings per share. United Natural Foods has set its FY 2025 guidance at 0.700-0.900 EPS. Research analysts anticipate that United Natural Foods, Inc. will post 0.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on UNFI shares. BMO Capital Markets lowered their price target on United Natural Foods from $32.00 to $25.00 and set a “market perform” rating on the stock in a research report on Thursday, June 12th. The Goldman Sachs Group decreased their target price on United Natural Foods from $30.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, June 12th. UBS Group lifted their price target on shares of United Natural Foods from $26.00 to $29.00 and gave the company a “neutral” rating in a research note on Thursday, July 17th. Deutsche Bank Aktiengesellschaft set a $24.00 price objective on shares of United Natural Foods and gave the stock a “hold” rating in a research report on Thursday, June 12th. Finally, Wells Fargo & Company upgraded shares of United Natural Foods from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $25.00 to $26.00 in a research report on Wednesday, July 16th. Two research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $28.13.

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.