Illinois Municipal Retirement Fund Reduces Holdings in United Natural Foods, Inc. $UNFI

Illinois Municipal Retirement Fund reduced its holdings in shares of United Natural Foods, Inc. (NYSE:UNFI) by 29.4% in the third quarter, Holdings Channel reports. The institutional investor owned 31,486 shares of the company’s stock after selling 13,088 shares during the period. Illinois Municipal Retirement Fund’s holdings in United Natural Foods were worth $1,185,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in UNFI. Brighton Jones LLC bought a new stake in shares of United Natural Foods during the 4th quarter valued at $656,000. AQR Capital Management LLC grew its holdings in United Natural Foods by 52.5% during the first quarter. AQR Capital Management LLC now owns 111,854 shares of the company’s stock valued at $3,064,000 after purchasing an additional 38,504 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in United Natural Foods by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,117 shares of the company’s stock worth $962,000 after buying an additional 1,703 shares in the last quarter. Millennium Management LLC raised its stake in shares of United Natural Foods by 58.1% in the first quarter. Millennium Management LLC now owns 332,973 shares of the company’s stock worth $9,120,000 after buying an additional 122,412 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in shares of United Natural Foods by 10.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 625,481 shares of the company’s stock valued at $17,132,000 after buying an additional 58,705 shares in the last quarter. 87.63% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on UNFI shares. Roth Mkm reissued a “neutral” rating and issued a $35.00 target price on shares of United Natural Foods in a report on Thursday, December 11th. Deutsche Bank Aktiengesellschaft set a $40.00 price objective on shares of United Natural Foods in a research report on Thursday, January 8th. BMO Capital Markets reiterated an “outperform” rating on shares of United Natural Foods in a research note on Thursday, December 11th. Wells Fargo & Company decreased their price target on United Natural Foods from $37.00 to $35.00 and set an “equal weight” rating on the stock in a report on Friday, December 19th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of United Natural Foods in a research note on Friday, January 9th. Three research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $38.78.

United Natural Foods Trading Down 0.3%

Shares of United Natural Foods stock opened at $39.20 on Thursday. United Natural Foods, Inc. has a twelve month low of $20.78 and a twelve month high of $43.29. 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 business has a 50-day moving average price of $35.62 and a 200-day moving average price of $34.44. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of -23.62 and a beta of 1.00.

United Natural Foods (NYSE:UNFI) last announced its quarterly earnings results on Tuesday, December 2nd. The company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.17. United Natural Foods had a positive return on equity of 4.35% and a negative net margin of 0.32%.The company had revenue of $7.84 billion during the quarter, compared to analyst estimates of $7.91 billion. During the same period in the prior year, the company earned $0.16 earnings per share. The firm’s revenue was down .4% on a year-over-year basis. United Natural Foods has set its FY 2026 guidance at 1.500-2.300 EPS. Equities research analysts anticipate that United Natural Foods, Inc. will post 0.76 EPS for the current fiscal year.

Insider Activity at United Natural Foods

In other United Natural Foods news, CAO Richard Eric Esper sold 4,261 shares of United Natural Foods stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $33.08, for a total value of $140,953.88. Following the completion of the transaction, the chief accounting officer directly owned 37,369 shares of the company’s stock, valued at $1,236,166.52. This trade represents a 10.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Louis Anthony Martin sold 9,439 shares of the company’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $34.67, for a total transaction of $327,250.13. Following the sale, the insider owned 81,234 shares in the company, valued at $2,816,382.78. This represents a 10.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.40% of the stock is owned by insiders.

United Natural Foods 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.