Hussman Strategic Advisors Inc. decreased its position in shares of United Natural Foods, Inc. (NYSE:UNFI – Free Report) by 16.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 157,500 shares of the company’s stock after selling 31,500 shares during the period. United Natural Foods makes up approximately 1.3% of Hussman Strategic Advisors Inc.’s holdings, making the stock its largest holding. Hussman Strategic Advisors Inc. owned approximately 0.26% of United Natural Foods worth $5,925,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Mutual of America Capital Management LLC bought a new position in shares of United Natural Foods during the 3rd quarter valued at about $255,000. CIBC Asset Management Inc bought a new stake in shares of United Natural Foods in the 3rd quarter worth approximately $210,000. Covestor Ltd lifted its holdings in shares of United Natural Foods by 56.5% in the 3rd quarter. Covestor Ltd now owns 3,830 shares of the company’s stock worth $144,000 after acquiring an additional 1,382 shares during the last quarter. Amalgamated Bank grew its holdings in shares of United Natural Foods by 3.5% during the 3rd quarter. Amalgamated Bank now owns 17,868 shares of the company’s stock valued at $672,000 after purchasing an additional 596 shares during the last quarter. Finally, Steinberganna Wealth Management bought a new position in shares of United Natural Foods during the 3rd quarter valued at $626,000. Institutional investors own 87.63% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts have issued reports on UNFI shares. UBS Group upped their price target on shares of United Natural Foods from $29.00 to $42.00 and gave the company a “buy” rating in a research report on Wednesday, October 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of United Natural Foods in a research note on Friday, January 9th. The Goldman Sachs Group increased their target price on United Natural Foods from $29.00 to $40.00 and gave the company a “neutral” rating in a report on Wednesday, October 1st. Jefferies Financial Group lifted their price target on United Natural Foods from $27.00 to $40.00 and gave the stock a “hold” rating in a research note on Wednesday, October 1st. Finally, Roth Mkm reiterated a “neutral” rating and issued a $35.00 price objective on shares of United Natural Foods in a research report on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $38.78.
United Natural Foods Trading Up 7.8%
UNFI opened at $39.05 on Wednesday. United Natural Foods, Inc. has a one year low of $20.78 and a one year high of $43.29. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.38 and a quick ratio of 0.50. The business has a 50 day simple moving average of $34.33 and a two-hundred day simple moving average of $33.11. The firm has a market capitalization of $2.38 billion, a price-to-earnings ratio of -23.53 and a beta of 0.86.
United Natural Foods (NYSE:UNFI – Get Free Report) last issued its quarterly earnings data on Tuesday, December 2nd. The company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.17. The firm had revenue of $7.84 billion for the quarter, compared to analyst estimates 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 quarterly revenue was down .4% compared to the same quarter last year. During the same period last year, the company earned $0.16 EPS. United Natural Foods has set its FY 2026 guidance at 1.500-2.300 EPS. Analysts predict that United Natural Foods, Inc. will post 0.76 EPS for the current year.
Insider Buying and Selling at United Natural Foods
In related news, CAO Richard Eric Esper sold 4,261 shares of the business’s stock in a transaction dated Thursday, December 18th. The shares were 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 in the company, valued at $1,236,166.52. The trade was a 10.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Louis Anthony Martin sold 9,439 shares of the firm’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $34.67, for a total transaction of $327,250.13. Following the completion of the sale, the insider owned 81,234 shares of the company’s stock, valued at $2,816,382.78. This trade represents a 10.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 2.40% of the company’s stock.
About United Natural Foods
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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