United Natural Foods, Inc. (NASDAQ:UNFI) has earned a consensus recommendation of “Hold” from the eighteen brokerages that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $40.08.

Several research firms have recently commented on UNFI. Deutsche Bank AG reduced their price target on United Natural Foods from $46.00 to $43.00 and set a “hold” rating for the company in a research report on Wednesday, June 7th. Pivotal Research reissued a “sell” rating on shares of United Natural Foods in a research report on Wednesday, June 7th. Barclays PLC reissued a “sell” rating and issued a $37.00 price target on shares of United Natural Foods in a research report on Thursday, June 8th. BMO Capital Markets reduced their price target on United Natural Foods from $45.00 to $42.00 and set a “market perform” rating for the company in a research report on Friday, June 9th. Finally, BidaskClub raised United Natural Foods from a “sell” rating to a “hold” rating in a research report on Tuesday, June 13th.

A number of hedge funds have recently bought and sold shares of UNFI. Flinton Capital Management LLC increased its stake in United Natural Foods by 9.5% in the first quarter. Flinton Capital Management LLC now owns 2,912 shares of the company’s stock valued at $126,000 after buying an additional 252 shares during the last quarter. Neuburgh Advisers LLC increased its stake in United Natural Foods by 9.5% in the first quarter. Neuburgh Advisers LLC now owns 3,536 shares of the company’s stock valued at $153,000 after buying an additional 306 shares during the last quarter. LS Investment Advisors LLC increased its stake in United Natural Foods by 20.5% in the second quarter. LS Investment Advisors LLC now owns 4,171 shares of the company’s stock valued at $153,000 after buying an additional 711 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in United Natural Foods by 18.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,550 shares of the company’s stock valued at $154,000 after buying an additional 548 shares during the last quarter. Finally, Bell Bank increased its stake in United Natural Foods by 6.2% in the first quarter. Bell Bank now owns 5,381 shares of the company’s stock valued at $233,000 after buying an additional 315 shares during the last quarter. Institutional investors and hedge funds own 98.62% of the company’s stock.

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United Natural Foods (NASDAQ:UNFI) traded down 0.43% during trading on Monday, reaching $36.80. The company’s stock had a trading volume of 74,120 shares. The firm’s 50-day moving average price is $37.34 and its 200 day moving average price is $41.97. The company has a market capitalization of $1.86 billion, a P/E ratio of 14.78 and a beta of 1.38. United Natural Foods has a 12-month low of $29.53 and a 12-month high of $52.18.

United Natural Foods (NASDAQ:UNFI) last issued its earnings results on Tuesday, June 6th. The company reported $0.77 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.76 by $0.01. The business had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.42 billion. United Natural Foods had a return on equity of 8.21% and a net margin of 1.38%. United Natural Foods’s revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.76 EPS. On average, analysts predict that United Natural Foods will post $2.55 earnings per share for the current fiscal year.

United Natural Foods Company Profile

United Natural Foods, Inc is a distributor and retailer of natural, organic and specialty products. The Company’s segments include Wholesale and Other. The Wholesale segment is engaged in the national distribution of natural, organic and specialty foods, produce and related products in the United States and Canada.

Analyst Recommendations for United Natural Foods (NASDAQ:UNFI)

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