Sanctuary Advisors LLC Invests $2.49 Million in United Natural Foods, Inc. $UNFI

Key Points

• Sanctuary Advisors acquired 54,579 UNFI shares worth approximately $2.49 million, giving it a 0.09% stake. Institutional investors collectively own 87.63% of the company.
• Analyst sentiment remains mixed but centered on “Hold”, with two Buy, six Hold and one Sell rating. The consensus price target is $47.86.
• UNFI shares opened at $47.61 after declining 1.9%. The company missed quarterly earnings and revenue estimates, reporting $0.77 EPS on $7.72 billion in revenue, while revenue fell 4.2% year over year.

Sanctuary Advisors LLC acquired a new stake in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 54,579 shares of the company's stock, valued at approximately $2,493,000. Sanctuary Advisors LLC owned approximately 0.09% of United Natural Foods as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of UNFI. Revisor Wealth Management LLC raised its stake in United Natural Foods by 4.7% in the first quarter. Revisor Wealth Management LLC now owns 6,188 shares of the company's stock worth $279,000 after buying an additional 278 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in United Natural Foods by 4.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,485 shares of the company's stock valued at $252,000 after acquiring an additional 285 shares in the last quarter. Oregon Public Employees Retirement Fund increased its holdings in shares of United Natural Foods by 2.1% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 13,894 shares of the company's stock valued at $468,000 after acquiring an additional 289 shares during the period. Optimize Financial Inc increased its holdings in shares of United Natural Foods by 1.5% in the 4th quarter. Optimize Financial Inc now owns 20,963 shares of the company's stock valued at $706,000 after acquiring an additional 300 shares during the period. Finally, Arax Advisory Partners raised its position in shares of United Natural Foods by 37.4% in the 4th quarter. Arax Advisory Partners now owns 1,102 shares of the company's stock worth $37,000 after acquiring an additional 300 shares in the last quarter. 87.63% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Zacks Research cut United Natural Foods from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 3rd. Roth Capital reiterated a "neutral" rating and issued a $43.00 target price on shares of United Natural Foods in a research note on Wednesday, June 10th. Weiss Ratings reiterated a "sell (d-)" rating on shares of United Natural Foods in a report on Monday, July 6th. BMO Capital Markets reissued an "outperform" rating and set a $56.00 price target on shares of United Natural Foods in a research report on Wednesday, June 10th. Finally, UBS Group raised their price target on shares of United Natural Foods from $44.00 to $47.00 and gave the company a "neutral" rating in a report on Wednesday, June 10th. Two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $47.86.

Insider Buying and Selling

In other United Natural Foods news, insider Mark Bushway sold 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $51.56, for a total transaction of $515,600.00. Following the completion of the transaction, the insider directly owned 51,119 shares of the company's stock, valued at approximately $2,635,695.64. This trade represents a 16.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 2.40% of the stock is currently owned by corporate insiders.

United Natural Foods Stock Down 1.9%

Shares of UNFI stock opened at $47.61 on Wednesday. The stock's fifty day moving average price is $48.54 and its 200 day moving average price is $46.53. United Natural Foods, Inc. has a 1-year low of $27.21 and a 1-year high of $57.02. The company has a market cap of $2.88 billion, a price-to-earnings ratio of -72.14 and a beta of 0.84. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.33 and a quick ratio of 0.51.

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

About United Natural Foods

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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