United Natural Foods, Inc. (NYSE:UNFI) Stock Holdings Trimmed by SG Americas Securities LLC

SG Americas Securities LLC lessened its position in shares of United Natural Foods, Inc. (NYSE:UNFI) by 42.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,394 shares of the company’s stock after selling 22,922 shares during the period. SG Americas Securities LLC owned about 0.05% of United Natural Foods worth $860,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Range Financial Group LLC bought a new position in shares of United Natural Foods in the 1st quarter worth about $1,253,000. NBC Securities Inc. raised its stake in United Natural Foods by 114,631.0% during the first quarter. NBC Securities Inc. now owns 33,272 shares of the company’s stock worth $911,000 after acquiring an additional 33,243 shares during the period. GAMMA Investing LLC lifted its holdings in United Natural Foods by 2,671.4% in the first quarter. GAMMA Investing LLC now owns 56,177 shares of the company’s stock worth $1,539,000 after acquiring an additional 54,150 shares during the last quarter. Mackenzie Financial Corp boosted its stake in United Natural Foods by 198.8% in the fourth quarter. Mackenzie Financial Corp now owns 31,914 shares of the company’s stock valued at $872,000 after acquiring an additional 21,234 shares during the period. Finally, PharVision Advisers LLC bought a new position in shares of United Natural Foods during the fourth quarter valued at approximately $288,000. Institutional investors own 87.63% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on UNFI. Northcoast Research downgraded United Natural Foods from a “buy” rating to a “neutral” rating in a report on Thursday, June 12th. Deutsche Bank Aktiengesellschaft set a $24.00 target price on United Natural Foods and gave the company a “hold” rating in a research note on Thursday, June 12th. UBS Group reduced their price target on shares of United Natural Foods from $30.00 to $26.00 and set a “neutral” rating for the company in a report on Wednesday, June 11th. CL King raised shares of United Natural Foods from a “neutral” rating to a “buy” rating and set a $33.00 price objective on the stock in a report on Wednesday, March 12th. Finally, Wall Street Zen raised shares of United Natural Foods from a “hold” rating to a “buy” rating in a research note on Tuesday, April 15th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $26.43.

United Natural Foods Price Performance

Shares of NYSE UNFI opened at $21.48 on Friday. The stock has a market cap of $1.30 billion, a P/E ratio of -18.68 and a beta of 0.90. The firm’s 50-day simple moving average is $26.68 and its 200 day simple moving average is $27.60. United Natural Foods, Inc. has a fifty-two week low of $11.88 and a fifty-two week 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.

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

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, wellness and personal care items, and bulk and foodservice products.