Lisanti Capital Growth LLC Invests $2.57 Million in United Natural Foods, Inc. (NYSE:UNFI)

Lisanti Capital Growth LLC acquired a new position in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 93,825 shares of the company's stock, valued at approximately $2,570,000. Lisanti Capital Growth LLC owned about 0.16% of United Natural Foods as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Dimensional Fund Advisors LP boosted its holdings in shares of United Natural Foods by 9.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,531,673 shares of the company's stock worth $96,450,000 after purchasing an additional 314,587 shares during the last quarter. D. E. Shaw & Co. Inc. boosted its holdings in shares of United Natural Foods by 4.0% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 2,886,938 shares of the company's stock worth $78,842,000 after purchasing an additional 110,608 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of United Natural Foods by 28.1% during the fourth quarter. American Century Companies Inc. now owns 2,018,248 shares of the company's stock worth $55,118,000 after purchasing an additional 442,574 shares during the last quarter. Marshall Wace LLP boosted its holdings in shares of United Natural Foods by 207.0% during the fourth quarter. Marshall Wace LLP now owns 1,357,212 shares of the company's stock worth $37,065,000 after purchasing an additional 915,177 shares during the last quarter. Finally, Nuveen Asset Management LLC boosted its holdings in shares of United Natural Foods by 37.9% during the fourth quarter. Nuveen Asset Management LLC now owns 881,982 shares of the company's stock worth $24,087,000 after purchasing an additional 242,293 shares during the last quarter. Institutional investors and hedge funds own 87.63% of the company's stock.

United Natural Foods Trading Up 6.2%

NYSE:UNFI opened at $22.82 on Friday. The business's 50-day moving average is $26.39 and its two-hundred day moving average is $27.46. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.41 and a quick ratio of 0.51. United Natural Foods, Inc. has a 12 month low of $11.88 and a 12 month high of $34.76. The firm has a market capitalization of $1.38 billion, a PE ratio of -19.84 and a beta of 0.90.

United Natural Foods (NYSE:UNFI - Get Free Report) last released its quarterly earnings data on Tuesday, June 10th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.22 by $0.22. United Natural Foods had a positive return on equity of 3.13% and a negative net margin of 0.21%. The company had revenue of $8.06 billion for the quarter, compared to analyst estimates of $7.78 billion. During the same period last year, the company posted $0.10 earnings per share. The firm's revenue was up 7.5% compared to the same quarter last year. Research analysts predict that United Natural Foods, Inc. will post 0.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on UNFI. Deutsche Bank Aktiengesellschaft set a $24.00 price objective on United Natural Foods and gave the stock a "hold" rating in a report on Thursday, June 12th. BMO Capital Markets reduced their target price on United Natural Foods from $32.00 to $25.00 and set a "market perform" rating on the stock in a report on Thursday, June 12th. Wall Street Zen upgraded United Natural Foods from a "hold" rating to a "buy" rating in a report on Tuesday, April 15th. The Goldman Sachs Group reduced their target price on United Natural Foods from $30.00 to $26.00 and set a "neutral" rating on the stock in a report on Thursday, June 12th. Finally, Northcoast Research cut United Natural Foods from a "buy" rating to a "neutral" rating in a report on Thursday, June 12th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $26.43.

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.

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