United Natural Foods, Inc. (NYSE:UNFI) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its position in United Natural Foods, Inc. (NYSE:UNFI) by 1.6% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 31,442 shares of the company’s stock after selling 509 shares during the period. Yousif Capital Management LLC owned 0.05% of United Natural Foods worth $861,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Covestor Ltd grew its position in United Natural Foods by 36.4% in the 4th quarter. Covestor Ltd now owns 3,066 shares of the company’s stock valued at $84,000 after buying an additional 819 shares during the last quarter. Hazlett Burt & Watson Inc. acquired a new stake in United Natural Foods during the 4th quarter valued at $27,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in United Natural Foods by 3.9% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,414 shares of the company’s stock worth $913,000 after purchasing an additional 1,245 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new position in shares of United Natural Foods during the fourth quarter valued at approximately $37,000. Finally, Quarry LP grew its position in shares of United Natural Foods by 135.6% in the fourth quarter. Quarry LP now owns 2,667 shares of the company’s stock valued at $73,000 after purchasing an additional 1,535 shares during the period. 87.63% of the stock is currently owned by hedge funds and other institutional investors.

United Natural Foods Price Performance

Shares of NYSE:UNFI opened at $21.48 on Friday. The company has a market cap of $1.30 billion, a P/E ratio of -18.68 and a beta of 0.90. United Natural Foods, Inc. has a 12-month low of $11.88 and a 12-month high of $34.76. The company has a quick ratio of 0.51, a current ratio of 1.41 and a debt-to-equity ratio of 1.21. The company’s fifty day moving average is $26.68 and its two-hundred day moving average is $27.60.

United Natural Foods (NYSE:UNFI) last released its quarterly earnings data on Tuesday, June 10th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.22. The firm had revenue of $8.06 billion during the quarter, compared to analysts’ expectations of $7.78 billion. United Natural Foods had a positive return on equity of 3.13% and a negative net margin of 0.21%. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.10 earnings per share. Equities analysts expect that United Natural Foods, Inc. will post 0.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Wall Street Zen raised United Natural Foods from a “hold” rating to a “buy” rating in a research report on Tuesday, April 15th. UBS Group dropped their target price on United Natural Foods from $30.00 to $26.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 11th. Northcoast Research downgraded shares of United Natural Foods from a “buy” rating to a “neutral” rating in a research note on Thursday, June 12th. The Goldman Sachs Group reduced their price objective on United Natural Foods from $30.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, June 12th. Finally, Deutsche Bank Aktiengesellschaft set a $24.00 price target on United Natural Foods and gave the stock a “hold” rating in a research report on Thursday, June 12th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $26.43.

United Natural Foods Company 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, wellness and personal care items, and bulk and foodservice products.