Mutual Advisors LLC Has $372,000 Stock Position in United Natural Foods, Inc. (NYSE:UNFI)

Mutual Advisors LLC trimmed its holdings in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 69.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,212 shares of the company's stock after selling 32,228 shares during the period. Mutual Advisors LLC's holdings in United Natural Foods were worth $372,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in United Natural Foods by 18.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 188,642 shares of the company's stock valued at $5,152,000 after acquiring an additional 29,357 shares in the last quarter. Virtu Financial LLC bought a new stake in United Natural Foods during the fourth quarter worth approximately $324,000. Amundi lifted its holdings in shares of United Natural Foods by 368.8% during the fourth 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 fourth quarter worth approximately $656,000. Finally, GAMMA Investing LLC lifted its holdings in shares of United Natural Foods by 2,671.4% during the first quarter. GAMMA Investing LLC now owns 56,177 shares of the company's stock worth $1,539,000 after buying an additional 54,150 shares during the last quarter. 87.63% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

UNFI has been the subject of a number of recent research reports. The Goldman Sachs Group cut their target price on United Natural Foods from $30.00 to $26.00 and set a "neutral" rating for the company in a research note on Thursday, June 12th. Deutsche Bank Aktiengesellschaft set a $24.00 price target on United Natural Foods and gave the company a "hold" rating in a research report on Thursday, June 12th. Wall Street Zen upgraded United Natural Foods from a "hold" rating to a "buy" rating in a research report on Tuesday, April 15th. Northcoast Research cut United Natural Foods from a "buy" rating to a "neutral" rating in a research report on Thursday, June 12th. Finally, UBS Group lowered their price target on United Natural Foods from $30.00 to $26.00 and set a "neutral" rating on the stock in a research report on Wednesday, June 11th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $26.43.

United Natural Foods Price Performance

Shares of United Natural Foods stock traded down $0.09 during trading on Friday, reaching $23.80. 848,413 shares of the company's stock were exchanged, compared to its average volume of 779,435. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.51 and a current ratio of 1.41. United Natural Foods, Inc. has a 1-year low of $12.00 and a 1-year high of $34.76. The company has a market cap of $1.44 billion, a P/E ratio of -20.70 and a beta of 0.82. The firm's 50-day moving average price is $25.81 and its 200 day moving average price is $27.18.

United Natural Foods (NYSE:UNFI - Get Free Report) last issued its quarterly earnings results on Tuesday, June 10th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.22. The company had revenue of $8.06 billion during the quarter, compared to analysts' expectations of $7.78 billion. United Natural Foods had a positive return on equity of 3.13% and a negative net margin of 0.21%. The business's quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.10 earnings per share. As a group, 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.