41,627 Shares in United Natural Foods, Inc. $UNFI Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Key Points

• Mitsubishi UFJ Asset Management acquired 41,627 shares of United Natural Foods worth approximately $1.9 million, while institutional investors collectively own 87.63% of the company.
• Analyst sentiment remains cautious: UNFI has an average rating of “Hold” and an average price target of $47.86, with ratings ranging from “Sell” to “Outperform.”
• United Natural Foods missed quarterly expectations, reporting $0.77 in EPS versus $0.81 expected and $7.72 billion in revenue versus $7.79 billion expected; revenue fell 4.2% year over year.

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in United Natural Foods, Inc. (NYSE:UNFI - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 41,627 shares of the company's stock, valued at approximately $1,901,000. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.07% of United Natural Foods as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in shares of United Natural Foods during the 4th quarter valued at approximately $656,000. AQR Capital Management LLC increased its stake in United Natural Foods by 52.5% during the first quarter. AQR Capital Management LLC now owns 111,854 shares of the company's stock valued at $3,064,000 after purchasing an additional 38,504 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in United Natural Foods by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,117 shares of the company's stock valued at $962,000 after purchasing an additional 1,703 shares during the last quarter. Millennium Management LLC raised its holdings in shares of United Natural Foods by 58.1% during the first quarter. Millennium Management LLC now owns 332,973 shares of the company's stock worth $9,120,000 after purchasing an additional 122,412 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in shares of United Natural Foods by 10.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 625,481 shares of the company's stock worth $17,132,000 after buying an additional 58,705 shares during the last quarter. Institutional investors and hedge funds own 87.63% of the company's stock.

Insider Buying and Selling

In other United Natural Foods news, insider Mark Bushway sold 10,000 shares of the company's stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $51.56, for a total value of $515,600.00. Following the completion of the transaction, the insider owned 51,119 shares in the company, valued at approximately $2,635,695.64. This represents a 16.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.40% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Roth Capital reaffirmed a "neutral" rating and issued a $43.00 price target on shares of United Natural Foods in a report on Wednesday, June 10th. Zacks Research lowered shares of United Natural Foods from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 3rd. The Goldman Sachs Group reissued a "neutral" rating and issued a $47.00 target price on shares of United Natural Foods in a report on Wednesday, June 10th. Wall Street Zen downgraded United Natural Foods from a "buy" rating to a "hold" rating in a research note on Sunday, July 12th. Finally, BMO Capital Markets reaffirmed an "outperform" rating and set a $56.00 target price on shares of United Natural Foods in a report on Wednesday, June 10th. Two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $47.86.

United Natural Foods Stock Performance

UNFI stock opened at $48.14 on Friday. United Natural Foods, Inc. has a 1 year low of $26.76 and a 1 year high of $57.02. The stock has a market capitalization of $2.91 billion, a price-to-earnings ratio of -72.94 and a beta of 0.84. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.51 and a current ratio of 1.33. The stock's fifty day moving average is $48.61 and its two-hundred day moving average is $46.35.

United Natural Foods (NYSE:UNFI - Get Free Report) last released its quarterly earnings results on Tuesday, June 9th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.81 by ($0.04). The firm had revenue of $7.72 billion for the quarter, compared to the consensus estimate of $7.79 billion. United Natural Foods had a positive return on equity of 7.42% and a negative net margin of 0.12%.The firm's revenue was down 4.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.44 EPS. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. On average, research analysts predict that United Natural Foods, Inc. will post 2.52 EPS for the current year.

United Natural Foods Company Profile

United Natural Foods, Inc NYSE: UNFI is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.

UNFI's core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.

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