8,844 Shares in United Natural Foods, Inc. (NYSE:UNFI) Acquired by Cetera Investment Advisers

Cetera Investment Advisers acquired a new stake in United Natural Foods, Inc. (NYSE:UNFI - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,844 shares of the company's stock, valued at approximately $242,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Virtu Financial LLC acquired a new position in shares of United Natural Foods during the 4th quarter worth $324,000. Amundi raised its stake in shares of United Natural Foods by 368.8% during the 4th quarter. Amundi now owns 62,830 shares of the company's stock worth $1,813,000 after buying an additional 49,427 shares during the last quarter. Brighton Jones LLC acquired a new position in shares of United Natural Foods during the 4th quarter worth $656,000. Adero Partners LLC acquired a new position in shares of United Natural Foods during the 4th quarter worth $243,000. Finally, Bailard Inc. acquired a new position in shares of United Natural Foods during the 4th quarter worth $331,000. Institutional investors and hedge funds own 87.63% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. CL King upgraded United Natural Foods from a "neutral" rating to a "buy" rating and set a $33.00 price objective for the company in a research report on Wednesday, March 12th. The Goldman Sachs Group lifted their price objective on United Natural Foods from $25.00 to $28.00 and gave the stock a "neutral" rating in a research report on Thursday, February 13th. Finally, Wall Street Zen upgraded United Natural Foods from a "hold" rating to a "buy" rating in a research report on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $27.50.

United Natural Foods Trading Up 3.4%

UNFI traded up $1.03 during midday trading on Monday, hitting $31.60. The company's stock had a trading volume of 771,667 shares, compared to its average volume of 698,792. 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 market cap of $1.91 billion, a P/E ratio of -20.13 and a beta of 1.08. The firm has a 50-day moving average price of $27.00 and a two-hundred day moving average price of $27.57. United Natural Foods, Inc. has a 52-week low of $11.88 and a 52-week high of $34.76.

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. The business had revenue of $8.16 billion for 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%. The company's revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.07 EPS. On average, research analysts anticipate that United Natural Foods, Inc. will post 0.76 earnings per share for the current year.

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.