United Natural Foods, Inc. (NYSE:UNFI) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC decreased its position in shares of United Natural Foods, Inc. (NYSE:UNFI) by 13.1% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 152,245 shares of the company’s stock after selling 22,998 shares during the period. Commonwealth Equity Services LLC owned 0.26% of United Natural Foods worth $4,011,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of UNFI. LSV Asset Management boosted its holdings in shares of United Natural Foods by 10.5% during the fourth quarter. LSV Asset Management now owns 76,600 shares of the company’s stock worth $2,965,000 after purchasing an additional 7,300 shares during the last quarter. Spire Wealth Management increased its stake in shares of United Natural Foods by 59.5% during the 1st quarter. Spire Wealth Management now owns 2,006 shares of the company’s stock valued at $53,000 after acquiring an additional 748 shares during the last quarter. Pictet Asset Management SA lifted its holdings in shares of United Natural Foods by 16.9% during the 1st quarter. Pictet Asset Management SA now owns 8,247 shares of the company’s stock worth $217,000 after acquiring an additional 1,193 shares during the period. Dimensional Fund Advisors LP grew its holdings in United Natural Foods by 5.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,467,495 shares of the company’s stock valued at $172,937,000 after purchasing an additional 249,130 shares during the period. Finally, Hussman Strategic Advisors Inc. increased its position in United Natural Foods by 50.0% during the first quarter. Hussman Strategic Advisors Inc. now owns 186,000 shares of the company’s stock worth $4,901,000 after purchasing an additional 62,000 shares during the last quarter. Institutional investors and hedge funds own 88.85% of the company’s stock.

United Natural Foods Stock Performance

United Natural Foods stock opened at $19.90 on Friday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.50 and a current ratio of 1.50. United Natural Foods, Inc. has a one year low of $19.36 and a one year high of $47.88. The stock’s 50 day moving average price is $20.35 and its 200 day moving average price is $23.66. The firm has a market capitalization of $1.17 billion, a PE ratio of 9.34 and a beta of 0.99.

United Natural Foods (NYSE:UNFI) last announced its earnings results on Wednesday, June 7th. The company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.65 by ($0.11). United Natural Foods had a net margin of 0.43% and a return on equity of 12.48%. The firm had revenue of $7.51 billion during the quarter, compared to analysts’ expectations of $7.51 billion. During the same quarter last year, the company posted $1.10 earnings per share. United Natural Foods’s revenue for the quarter was up 3.7% compared to the same quarter last year. As a group, sell-side analysts expect that United Natural Foods, Inc. will post 2.01 EPS for the current fiscal year.

Analyst Ratings Changes

UNFI has been the topic of a number of research analyst reports. UBS Group decreased their price target on shares of United Natural Foods from $32.00 to $27.00 in a report on Thursday, June 8th. StockNews.com assumed coverage on United Natural Foods in a research report on Wednesday, August 23rd. They set a “hold” rating for the company. Wells Fargo & Company reduced their price objective on United Natural Foods from $28.00 to $20.00 in a research note on Thursday, June 8th. Finally, BMO Capital Markets dropped their target price on shares of United Natural Foods from $28.00 to $20.00 in a research report on Friday, June 9th. Nine equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, United Natural Foods has a consensus rating of “Hold” and an average price target of $32.71.

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, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items.