Dimensional Fund Advisors LP Has $96.45 Million Position in United Natural Foods, Inc. (NYSE:UNFI)

Dimensional Fund Advisors LP raised its position in United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 9.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,531,673 shares of the company's stock after buying an additional 314,587 shares during the quarter. Dimensional Fund Advisors LP owned 5.89% of United Natural Foods worth $96,450,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in UNFI. Versant Capital Management Inc increased its position 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 during the period. Hazlett Burt & Watson Inc. acquired a new position in shares of United Natural Foods during the 4th quarter worth approximately $27,000. Harvest Fund Management Co. Ltd bought a new position in shares of United Natural Foods during the fourth quarter worth approximately $37,000. Sterling Capital Management LLC raised its position in shares of United Natural Foods by 796.2% in the fourth quarter. Sterling Capital Management LLC now owns 1,882 shares of the company's stock valued at $51,000 after buying an additional 1,672 shares in the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of United Natural Foods by 46.0% in the fourth quarter. GAMMA Investing LLC now owns 2,027 shares of the company's stock valued at $55,000 after buying an additional 639 shares during the period. Institutional investors own 87.63% of the company's stock.

Wall Street Analysts Forecast Growth

UNFI has been the subject of several analyst reports. CL King raised United Natural Foods from a "neutral" rating to a "buy" rating and set a $33.00 price objective for the company in a report on Wednesday, March 12th. Wells Fargo & Company upped their price objective on shares of United Natural Foods from $23.00 to $25.00 and gave the stock an "underweight" rating in a research report on Friday, January 10th. The Goldman Sachs Group raised their target price on shares of United Natural Foods from $25.00 to $28.00 and gave the company a "neutral" rating in a report on Thursday, February 13th. Finally, StockNews.com raised shares of United Natural Foods from a "hold" rating to a "buy" rating in a report on Tuesday, April 15th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $27.50.

United Natural Foods Price Performance

NYSE:UNFI traded up $0.22 on Thursday, hitting $26.93. The company had a trading volume of 539,874 shares, compared to its average volume of 700,219. The firm has a 50 day moving average of $26.51 and a two-hundred day moving average of $26.30. The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of -17.16 and a beta of 1.08. United Natural Foods, Inc. has a 52 week low of $9.07 and a 52 week high of $34.76. The company has a current ratio of 1.48, a quick ratio of 0.53 and a debt-to-equity ratio of 1.39.

United Natural Foods (NYSE:UNFI - Get Free Report) last released its quarterly earnings data 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 the consensus estimate of $7.96 billion. During the same quarter last year, the business posted $0.07 EPS. United Natural Foods's revenue for the quarter was up 4.9% on a year-over-year basis. On average, research analysts anticipate that United Natural Foods, Inc. will post 0.76 earnings per share 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.