Ballentine Partners LLC Has $424,000 Stock Holdings in United Natural Foods, Inc. (NYSE:UNFI)

Ballentine Partners LLC increased its stake in shares of United Natural Foods, Inc. (NYSE:UNFI) by 3.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 15,529 shares of the company’s stock after buying an additional 521 shares during the period. Ballentine Partners LLC’s holdings in United Natural Foods were worth $424,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Versant Capital Management Inc boosted its holdings in shares of United Natural Foods by 66.5% during the fourth quarter. Versant Capital Management Inc now owns 931 shares of the company’s stock worth $25,000 after acquiring an additional 372 shares during the period. GAMMA Investing LLC lifted its holdings in United Natural Foods by 46.0% during the 4th quarter. GAMMA Investing LLC now owns 2,027 shares of the company’s stock worth $55,000 after purchasing an additional 639 shares during the last quarter. Creative Planning boosted its stake in United Natural Foods by 7.6% in the 3rd quarter. Creative Planning now owns 13,506 shares of the company’s stock valued at $227,000 after purchasing an additional 953 shares during the period. nVerses Capital LLC grew its holdings in United Natural Foods by 85.7% in the 3rd quarter. nVerses Capital LLC now owns 3,900 shares of the company’s stock valued at $66,000 after buying an additional 1,800 shares in the last quarter. Finally, Wolverine Asset Management LLC increased its position in United Natural Foods by 46.3% during the 3rd quarter. Wolverine Asset Management LLC now owns 15,800 shares of the company’s stock worth $266,000 after buying an additional 5,000 shares during the period. Institutional investors and hedge funds own 87.63% of the company’s stock.

United Natural Foods Trading Up 0.8 %

Shares of UNFI stock opened at $27.54 on Friday. United Natural Foods, Inc. has a fifty-two week low of $8.58 and a fifty-two week high of $32.20. The stock’s fifty day moving average price is $26.44 and its two-hundred day moving average price is $20.03. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.53 and a current ratio of 1.48. The company has a market cap of $1.65 billion, a PE ratio of -17.54 and a beta of 0.63.

United Natural Foods (NYSE:UNFI) last released its quarterly earnings data on Tuesday, December 10th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.18. The business had revenue of $7.90 billion for the quarter, compared to analyst estimates of $7.61 billion. United Natural Foods had a positive return on equity of 1.27% and a negative net margin of 0.30%. United Natural Foods’s revenue was up 4.6% compared to the same quarter last year. During the same period last year, the firm posted ($0.04) earnings per share. Equities analysts predict that United Natural Foods, Inc. will post 0.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Northcoast Research raised shares of United Natural Foods from a “neutral” rating to a “buy” rating in a research report on Friday, October 11th. Roth Mkm raised their target price on shares of United Natural Foods from $20.00 to $26.00 and gave the stock a “neutral” rating in a report on Thursday, December 12th. Wells Fargo & Company boosted their price target on United Natural Foods from $23.00 to $25.00 and gave the company an “underweight” rating in a research note on Friday, January 10th. UBS Group raised their price objective on United Natural Foods from $16.00 to $21.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. Finally, BMO Capital Markets upped their target price on United Natural Foods from $23.00 to $32.00 and gave the company a “market perform” rating in a research report on Wednesday, December 11th. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $25.20.

United Natural Foods Company 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.