United Natural Foods, Inc. (NYSE:UNFI) Shares Purchased by Deutsche Bank AG

Deutsche Bank AG increased its holdings in United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 17.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 113,905 shares of the company's stock after buying an additional 16,946 shares during the quarter. Deutsche Bank AG owned about 0.19% of United Natural Foods worth $3,111,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. D. E. Shaw & Co. Inc. increased its holdings in shares of United Natural Foods by 4.0% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 2,886,938 shares of the company's stock valued at $78,842,000 after purchasing an additional 110,608 shares in the last quarter. Corton Capital Inc. grew its position in United Natural Foods by 144.6% during the fourth quarter. Corton Capital Inc. now owns 32,251 shares of the company's stock valued at $881,000 after buying an additional 19,066 shares during the period. Cetera Investment Advisers purchased a new position in United Natural Foods in the fourth quarter valued at $242,000. Bridgeway Capital Management LLC raised its position in shares of United Natural Foods by 23.6% in the fourth quarter. Bridgeway Capital Management LLC now owns 706,469 shares of the company's stock worth $19,294,000 after acquiring an additional 134,841 shares during the period. Finally, Brevan Howard Capital Management LP boosted its stake in shares of United Natural Foods by 32.7% during the 4th quarter. Brevan Howard Capital Management LP now owns 145,971 shares of the company's stock worth $3,986,000 after acquiring an additional 35,971 shares in the last quarter. 87.63% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

UNFI has been the subject of several recent analyst reports. The Goldman Sachs Group lifted their price target on United Natural Foods from $25.00 to $28.00 and gave the company a "neutral" rating in a research note on Thursday, February 13th. Wall Street Zen raised United Natural Foods from a "hold" rating to a "buy" rating in a research note on Tuesday, April 15th. Finally, CL King raised shares of United Natural Foods from a "neutral" rating to a "buy" rating and set a $33.00 price target on the stock in a research note on Wednesday, March 12th. One analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $27.50.

United Natural Foods Price Performance

Shares of NYSE:UNFI traded down $0.12 during trading on Monday, reaching $29.32. The stock had a trading volume of 394,757 shares, compared to its average volume of 698,841. The business has a fifty day moving average price of $26.69 and a 200-day moving average price of $27.30. United Natural Foods, Inc. has a 1-year low of $11.46 and a 1-year high of $34.76. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.53 and a current ratio of 1.48. The stock has a market cap of $1.77 billion, a PE ratio of -18.67 and a beta of 1.08.

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, topping analysts' consensus estimates of $0.18 by $0.04. The business had revenue of $8.16 billion during the quarter, compared to analyst estimates of $7.96 billion. United Natural Foods had a negative net margin of 0.30% and a positive return on equity of 1.27%. The company's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.07 earnings per share. On average, equities analysts forecast that United Natural Foods, Inc. will post 0.76 earnings per share for the current fiscal year.

United Natural Foods 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.