Allianz Asset Management GmbH Purchases 163,622 Shares of United Natural Foods, Inc. $UNFI

Allianz Asset Management GmbH increased its holdings in United Natural Foods, Inc. (NYSE:UNFI) by 259.4% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 226,706 shares of the company’s stock after buying an additional 163,622 shares during the period. Allianz Asset Management GmbH owned 0.37% of United Natural Foods worth $8,529,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC purchased a new stake in shares of United Natural Foods in the 4th quarter valued at about $656,000. AQR Capital Management LLC grew its holdings in shares of United Natural Foods by 52.5% during the first quarter. AQR Capital Management LLC now owns 111,854 shares of the company’s stock worth $3,064,000 after purchasing an additional 38,504 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of United Natural Foods by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,117 shares of the company’s stock worth $962,000 after purchasing an additional 1,703 shares during the last quarter. Millennium Management LLC increased its position in shares of United Natural Foods by 58.1% in the first quarter. Millennium Management LLC now owns 332,973 shares of the company’s stock worth $9,120,000 after purchasing an additional 122,412 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in United Natural Foods by 10.4% in the first quarter. Goldman Sachs Group Inc. now owns 625,481 shares of the company’s stock valued at $17,132,000 after purchasing an additional 58,705 shares in the last quarter. 87.63% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at United Natural Foods

In other news, CAO Richard Eric Esper sold 4,261 shares of United Natural Foods 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 sale, the chief accounting officer 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. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Louis Anthony Martin sold 9,439 shares of the 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 transaction, the insider directly owned 81,234 shares of the company’s stock, valued at approximately $2,816,382.78. The trade was a 10.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on UNFI. Deutsche Bank Aktiengesellschaft set a $40.00 price target on shares of United Natural Foods in a research note on Thursday, January 8th. Roth Mkm reaffirmed a “neutral” rating and set a $35.00 price objective on shares of United Natural Foods in a report on Thursday, December 11th. Wells Fargo & Company cut their target price on shares of United Natural Foods from $37.00 to $35.00 and set an “equal weight” rating for the company in a research report on Friday, December 19th. Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a research report on Friday, January 9th. Finally, Zacks Research lowered United Natural Foods from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. Three analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $38.78.

United Natural Foods Trading Down 2.9%

NYSE:UNFI opened at $39.53 on Tuesday. The firm has a market capitalization of $2.41 billion, a P/E ratio of -23.81 and a beta of 1.00. The company has a fifty day moving average of $34.80 and a 200 day moving average of $33.89. The company has a quick ratio of 0.50, a current ratio of 1.38 and a debt-to-equity ratio of 1.25. United Natural Foods, Inc. has a 52 week low of $20.78 and a 52 week high of $43.29.

United Natural Foods (NYSE:UNFI) last posted its earnings results on Tuesday, December 2nd. The company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.17. United Natural Foods had a positive return on equity of 4.35% and a negative net margin of 0.32%.The company had revenue of $7.84 billion for the quarter, compared to analysts’ expectations of $7.91 billion. During the same period last year, the firm earned $0.16 earnings per share. United Natural Foods’s quarterly revenue was down .4% on a year-over-year basis. United Natural Foods has set its FY 2026 guidance at 1.500-2.300 EPS. On average, research analysts predict that United Natural Foods, Inc. will post 0.76 earnings per share for the current year.

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.