Diversified Trust Co. trimmed its holdings in shares of United Natural Foods, Inc. (NYSE:UNFI – Free Report) by 31.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,222 shares of the company’s stock after selling 19,153 shares during the quarter. Diversified Trust Co. owned 0.07% of United Natural Foods worth $1,422,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in UNFI. Arrowstreet Capital Limited Partnership increased its stake in 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. Victory Capital Management Inc. lifted its stake in shares of United Natural Foods by 721.3% in the 3rd quarter. Victory Capital Management Inc. now owns 615,889 shares of the company’s stock valued at $23,170,000 after purchasing an additional 540,897 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of United Natural Foods by 20.7% in the 2nd quarter. Invesco Ltd. now owns 2,544,315 shares of the company’s stock worth $59,308,000 after purchasing an additional 436,680 shares during the period. Towle & Co. purchased a new position in shares of United Natural Foods in the 3rd quarter worth approximately $13,724,000. Finally, American Century Companies Inc. increased its position in shares of United Natural Foods by 7.0% during the 2nd quarter. American Century Companies Inc. now owns 2,603,588 shares of the company’s stock valued at $60,690,000 after purchasing an additional 169,640 shares during the last quarter. Hedge funds and other institutional investors own 87.63% of the company’s stock.
Insider Activity at United Natural Foods
In related news, Director James C. Pappas bought 15,000 shares of United Natural Foods stock in a transaction dated Friday, January 2nd. The shares were acquired at an average cost of $33.76 per share, with a total value of $506,400.00. Following the completion of the transaction, the director owned 192,178 shares in the company, valued at $6,487,929.28. The trade was a 8.47% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.40% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Analysis on UNFI
United Natural Foods Stock Up 5.9%
Shares of UNFI opened at $43.68 on Thursday. The firm has a fifty day moving average price of $38.58 and a 200-day moving average price of $36.55. The company has a current ratio of 1.33, a quick ratio of 0.52 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $2.65 billion, a P/E ratio of -33.60 and a beta of 1.00. United Natural Foods, Inc. has a 12-month low of $20.78 and a 12-month high of $44.45.
United Natural Foods (NYSE:UNFI – Get Free Report) last posted its quarterly earnings results on Tuesday, March 10th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.51 by $0.11. United Natural Foods had a negative net margin of 0.25% and a positive return on equity of 6.05%. The company had revenue of $7.95 billion for the quarter, compared to the consensus estimate of $8.11 billion. During the same quarter last year, the firm posted $0.22 EPS. The firm’s revenue was down 2.6% compared to the same quarter last year. United Natural Foods has set its FY 2026 guidance at 2.300-2.700 EPS. Equities research analysts expect 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.
Further Reading
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