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United Natural Foods (NASDAQ:UNFI) was downgraded by investment analysts at Wolfe Research from an “outperform” rating to a “peer perform” rating in a note issued to investors on Tuesday.

In other United Natural Foods news, Insider Thomas A. Dziki sold 1,396 shares of United Natural Foods stock in a transaction that occurred on Friday, July 18th. The shares were sold at an average price of $61.98, for a total value of $86,524.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of other analysts have also recently weighed in on UNFI. Analysts at Oppenheimer initiated coverage on shares of United Natural Foods in a research note on Tuesday, July 15th. They set an “outperform” rating and a $75.00 price target on the stock. Separately, analysts at Morgan Stanley initiated coverage on shares of United Natural Foods in a research note on Wednesday, June 25th. They set an “overweight” rating and a $80.00 price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of United Natural Foods in a research note on Monday, June 16th. They now have a $74.00 price target on the stock, down previously from $89.00. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $74.36.

Shares of United Natural Foods (NASDAQ:UNFI) traded down 1.24% on Tuesday, hitting $60.66. The stock had a trading volume of 1,124,645 shares. United Natural Foods has a 1-year low of $57.55 and a 1-year high of $79.64. The stock has a 50-day moving average of $64.57 and a 200-day moving average of $68.31. The company has a market cap of $3.012 billion and a P/E ratio of 24.57.

United Natural Foods (NASDAQ:UNFI) last posted its quarterly earnings results on Tuesday, June 10th. The company reported $0.73 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.73. The company had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.78 billion. During the same quarter last year, the company posted $0.64 earnings per share. United Natural Foods’s revenue was up 13.8% compared to the same quarter last year. Analysts expect that United Natural Foods will post $2.50 EPS for the current fiscal year.

United Natural Foods, Inc is a distributor of natural, organic and specialty foods and non-food products in the United States and Canada.

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