Y Intercept Hong Kong Ltd reduced its stake in shares of United Natural Foods, Inc. (NYSE:UNFI – Free Report) by 67.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,563 shares of the company’s stock after selling 88,114 shares during the quarter. Y Intercept Hong Kong Ltd owned about 0.07% of United Natural Foods worth $1,601,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently modified their holdings of UNFI. Arrowstreet Capital Limited Partnership boosted its position in shares of United Natural Foods by 196.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 925,927 shares of the company’s stock worth $21,583,000 after acquiring an additional 613,790 shares during the last quarter. Invesco Ltd. increased its holdings in United Natural Foods by 20.7% in the 2nd quarter. Invesco Ltd. now owns 2,544,315 shares of the company’s stock valued at $59,308,000 after acquiring an additional 436,680 shares during the last quarter. American Century Companies Inc. lifted its stake in United Natural Foods by 7.0% in the 2nd quarter. American Century Companies Inc. now owns 2,603,588 shares of the company’s stock worth $60,690,000 after purchasing an additional 169,640 shares in the last quarter. Engineers Gate Manager LP boosted its holdings in shares of United Natural Foods by 308.0% during the 2nd quarter. Engineers Gate Manager LP now owns 194,379 shares of the company’s stock valued at $4,531,000 after purchasing an additional 146,739 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its position in shares of United Natural Foods by 143.6% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 236,663 shares of the company’s stock valued at $5,517,000 after purchasing an additional 139,528 shares in the last quarter. Institutional investors own 87.63% of the company’s stock.
Insider Transactions at United Natural Foods
In related news, insider Louis Anthony Martin sold 9,439 shares of the stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $34.67, for a total value of $327,250.13. Following the sale, the insider directly owned 81,234 shares of the company’s stock, valued at $2,816,382.78. This represents a 10.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Richard Eric Esper sold 4,261 shares of the firm’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $33.08, for a total transaction of $140,953.88. Following the completion of the sale, the chief accounting officer directly owned 37,369 shares of the company’s stock, valued at approximately $1,236,166.52. The trade was a 10.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.40% of the company’s stock.
United Natural Foods Price Performance
United Natural Foods (NYSE:UNFI – Get Free Report) last issued its quarterly earnings results on Tuesday, December 2nd. The company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.17. The company had revenue of $7.84 billion during the quarter, compared to the consensus estimate of $7.91 billion. United Natural Foods had a positive return on equity of 4.35% and a negative net margin of 0.32%.United Natural Foods’s revenue was down .4% on a year-over-year basis. During the same period last year, the company earned $0.16 earnings per share. United Natural Foods has set its FY 2026 guidance at 1.500-2.300 EPS. Equities analysts expect that United Natural Foods, Inc. will post 0.76 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on UNFI shares. BMO Capital Markets reiterated an “outperform” rating on shares of United Natural Foods in a research report on Thursday, December 11th. Deutsche Bank Aktiengesellschaft set a $40.00 price objective on United Natural Foods in a research note on Thursday, January 8th. Roth Mkm reiterated a “neutral” rating and set a $35.00 target price on shares of United Natural Foods in a research report on Thursday, December 11th. Zacks Research raised shares of United Natural Foods from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 30th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of United Natural Foods in a research note on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, United Natural Foods has a consensus rating of “Hold” and an average target price of $38.78.
Check Out Our Latest Report on UNFI
United Natural Foods Company 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.
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