10,159 Shares in United Natural Foods, Inc. (NYSE:UNFI) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC purchased a new stake in United Natural Foods, Inc. (NYSE:UNFI) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 10,159 shares of the company’s stock, valued at approximately $277,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bailard Inc. acquired a new stake in United Natural Foods during the fourth quarter worth about $331,000. Smartleaf Asset Management LLC boosted its stake in shares of United Natural Foods by 186.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,391 shares of the company’s stock valued at $65,000 after purchasing an additional 1,557 shares during the period. Mutual of America Capital Management LLC purchased a new position in United Natural Foods in the 4th quarter valued at about $248,000. Versor Investments LP acquired a new stake in United Natural Foods during the 4th quarter valued at approximately $475,000. Finally, Bank of New York Mellon Corp grew its position in shares of United Natural Foods by 1.0% during the fourth quarter. Bank of New York Mellon Corp now owns 431,971 shares of the company’s stock worth $11,797,000 after buying an additional 4,260 shares in the last quarter. Institutional investors and hedge funds own 87.63% of the company’s stock.

United Natural Foods Stock Up 1.4 %

Shares of NYSE:UNFI opened at $27.41 on Thursday. United Natural Foods, Inc. has a 52 week low of $8.58 and a 52 week high of $34.76. 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 $1.66 billion, a PE ratio of -17.46 and a beta of 0.56. The firm has a 50 day simple moving average of $29.32 and a 200 day simple moving average of $24.86.

United Natural Foods (NYSE:UNFI) last released its earnings results on Tuesday, March 11th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.04. United Natural Foods had a positive return on equity of 1.27% and a negative net margin of 0.30%. The company had revenue of $8.16 billion for the quarter, compared to analysts’ expectations of $7.96 billion. During the same quarter in the previous year, the business posted $0.07 EPS. The business’s revenue for the quarter was up 4.9% on a year-over-year basis. As a group, research analysts expect that United Natural Foods, Inc. will post 0.76 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on UNFI shares. Wells Fargo & Company boosted their price objective on United Natural Foods from $23.00 to $25.00 and gave the company an “underweight” rating in a report on Friday, January 10th. The Goldman Sachs Group boosted their target price on shares of United Natural Foods from $25.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, February 13th. Guggenheim reissued a “neutral” rating on shares of United Natural Foods in a research note on Thursday, December 12th. BMO Capital Markets raised their price objective on shares of United Natural Foods from $23.00 to $32.00 and gave the company a “market perform” rating in a research note on Wednesday, December 11th. Finally, Roth Mkm upped their price objective on United Natural Foods from $20.00 to $26.00 and gave the company a “neutral” rating in a report on Thursday, December 12th. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $27.50.

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.