Bridgeway Capital Management LLC Has $19.29 Million Position in United Natural Foods, Inc. (NYSE:UNFI)

Bridgeway Capital Management LLC raised its holdings in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 23.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 706,469 shares of the company's stock after acquiring an additional 134,841 shares during the period. Bridgeway Capital Management LLC owned approximately 1.18% of United Natural Foods worth $19,294,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in UNFI. Versant Capital Management Inc lifted its holdings in 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 in the last quarter. Hazlett Burt & Watson Inc. bought a new position in shares of United Natural Foods during the 4th quarter valued at about $27,000. Harvest Fund Management Co. Ltd acquired a new position in shares of United Natural Foods in the 4th quarter valued at approximately $37,000. Aquatic Capital Management LLC acquired a new position in shares of United Natural Foods in the 4th quarter valued at approximately $47,000. Finally, Sterling Capital Management LLC raised its holdings in United Natural Foods by 796.2% during the 4th quarter. Sterling Capital Management LLC now owns 1,882 shares of the company's stock worth $51,000 after buying an additional 1,672 shares during the period. 87.63% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

UNFI has been the topic of a number of research reports. The Goldman Sachs Group lifted their price target 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. StockNews.com upgraded United Natural Foods from a "hold" rating to a "buy" rating in a report on Tuesday, April 15th. Finally, CL King upgraded United Natural Foods from a "neutral" rating to a "buy" rating and set a $33.00 price target on the stock 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 given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $27.50.

United Natural Foods Stock Up 1.5 %

Shares of NYSE UNFI traded up $0.40 during mid-day trading on Friday, hitting $27.65. The company had a trading volume of 426,583 shares, compared to its average volume of 700,085. United Natural Foods, Inc. has a one year low of $10.00 and a one year high of $34.76. The company has a market capitalization of $1.67 billion, a PE ratio of -17.61 and a beta of 1.08. The company has a current ratio of 1.48, a quick ratio of 0.53 and a debt-to-equity ratio of 1.39. The firm has a 50-day simple moving average of $26.02 and a two-hundred day simple moving average of $26.58.

United Natural Foods (NYSE:UNFI - Get Free Report) last announced its quarterly earnings data on Tuesday, March 11th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 prior year, the business posted $0.07 EPS. The business's revenue was up 4.9% compared to the same quarter last year. On average, equities analysts expect that United Natural Foods, Inc. will post 0.76 EPS for the current year.

About United Natural Foods

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.