39,074 Shares in United Natural Foods, Inc. (NYSE:UNFI) Acquired by Numerai GP LLC

Numerai GP LLC purchased a new position in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 39,074 shares of the company's stock, valued at approximately $1,067,000. Numerai GP LLC owned 0.07% of United Natural Foods as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in UNFI. OMERS ADMINISTRATION Corp purchased a new stake in shares of United Natural Foods in the fourth quarter worth approximately $352,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of United Natural Foods by 3.9% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,414 shares of the company's stock worth $913,000 after purchasing an additional 1,245 shares during the last quarter. Lazard Asset Management LLC purchased a new stake in shares of United Natural Foods in the fourth quarter worth approximately $112,000. Gotham Asset Management LLC purchased a new stake in shares of United Natural Foods in the fourth quarter worth approximately $1,251,000. Finally, Graham Capital Management L.P. purchased a new stake in shares of United Natural Foods in the fourth quarter worth approximately $1,082,000. 87.63% of the stock is owned by institutional investors and hedge funds.

United Natural Foods Stock Performance

UNFI stock opened at $28.49 on Wednesday. The firm has a market cap of $1.72 billion, a PE ratio of -18.15 and a beta of 1.08. The company has a quick ratio of 0.53, a current ratio of 1.48 and a debt-to-equity ratio of 1.39. The business has a 50 day moving average of $26.05 and a 200-day moving average of $26.69. United Natural Foods, Inc. has a 12-month low of $10.16 and a 12-month high of $34.76.

United Natural Foods (NYSE:UNFI - Get Free Report) last released its earnings results on Tuesday, March 11th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.04. The company had revenue of $8.16 billion during the quarter, compared to analyst estimates of $7.96 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 quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.07 earnings per share. As a group, sell-side analysts expect that United Natural Foods, Inc. will post 0.76 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have recently commented on UNFI shares. StockNews.com raised United Natural Foods from a "hold" rating to a "buy" rating in a research note on Tuesday, April 15th. The Goldman Sachs Group increased their price objective on United Natural Foods from $25.00 to $28.00 and gave the stock a "neutral" rating in a research note on Thursday, February 13th. Finally, CL King raised United Natural Foods from a "neutral" rating to a "buy" rating and set a $33.00 target price for the company in a report on Wednesday, March 12th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, United Natural Foods currently has a consensus rating of "Hold" and an average 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.

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