Y Intercept Hong Kong Ltd decreased its holdings in United Natural Foods, Inc. (NYSE:UNFI – Free Report) by 67.4% during the third quarter, HoldingsChannel.com reports. The firm owned 42,563 shares of the company’s stock after selling 88,114 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in United Natural Foods were worth $1,601,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Thrivent Financial for Lutherans boosted its stake in shares of United Natural Foods by 1.1% during the second quarter. Thrivent Financial for Lutherans now owns 44,607 shares of the company’s stock valued at $1,040,000 after purchasing an additional 492 shares during the period. Farther Finance Advisors LLC lifted its holdings in United Natural Foods by 88.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,077 shares of the company’s stock valued at $25,000 after buying an additional 505 shares in the last quarter. Amalgamated Bank boosted its position in United Natural Foods by 3.5% in the 3rd quarter. Amalgamated Bank now owns 17,868 shares of the company’s stock valued at $672,000 after buying an additional 596 shares during the period. EverSource Wealth Advisors LLC boosted its position in United Natural Foods by 84.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,332 shares of the company’s stock valued at $31,000 after buying an additional 609 shares during the period. Finally, KLP Kapitalforvaltning AS grew its stake in United Natural Foods by 6.4% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 13,300 shares of the company’s stock worth $310,000 after acquiring an additional 800 shares in the last quarter. 87.63% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several analysts have recently weighed in on the stock. BMO Capital Markets reaffirmed an “outperform” rating on shares of United Natural Foods in a research note on Thursday, December 11th. Deutsche Bank Aktiengesellschaft set a $40.00 price objective on United Natural Foods in a report on Thursday, January 8th. Zacks Research raised United Natural Foods from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 30th. Weiss Ratings reiterated a “sell (d-)” rating on shares of United Natural Foods in a report on Friday, January 9th. Finally, Wells Fargo & Company cut their price target on United Natural Foods from $37.00 to $35.00 and set an “equal weight” rating on the stock in a research note on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, United Natural Foods has an average rating of “Hold” and a consensus target price of $38.78.
United Natural Foods Stock Down 0.0%
United Natural Foods stock opened at $37.27 on Friday. The company has a quick ratio of 0.50, a current ratio of 1.38 and a debt-to-equity ratio of 1.25. The firm has a market cap of $2.27 billion, a P/E ratio of -22.45 and a beta of 0.86. The business has a fifty day moving average of $34.46 and a two-hundred day moving average of $33.26. United Natural Foods, Inc. has a twelve month low of $20.78 and a twelve month high of $43.29.
United Natural Foods (NYSE:UNFI – Get Free Report) last announced its quarterly earnings results on Tuesday, December 2nd. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.17. The business had revenue of $7.84 billion for the quarter, compared to the consensus estimate of $7.91 billion. United Natural Foods had a positive return on equity of 4.35% and a negative net margin of 0.32%.The business’s revenue was down .4% compared to the same quarter last year. During the same period last year, the business posted $0.16 EPS. United Natural Foods has set its FY 2026 guidance at 1.500-2.300 EPS. On average, analysts forecast that United Natural Foods, Inc. will post 0.76 earnings per share for the current fiscal year.
Insider Buying and Selling at United Natural Foods
In other news, Director James C. Pappas acquired 15,000 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were purchased at an average price of $33.76 per share, with a total value of $506,400.00. Following the transaction, the director directly owned 192,178 shares in the company, valued at approximately $6,487,929.28. This represents a 8.47% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Richard Eric Esper sold 4,261 shares of the business’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $33.08, for a total transaction of $140,953.88. Following the transaction, the chief accounting officer owned 37,369 shares of the company’s stock, valued at approximately $1,236,166.52. This trade represents a 10.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.40% of the stock is owned by insiders.
United Natural Foods Company Profile
United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.
UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.
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