104,314 Shares in United Natural Foods, Inc. (NYSE:UNFI) Acquired by Teacher Retirement System of Texas

Teacher Retirement System of Texas bought a new position in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 104,314 shares of the company's stock, valued at approximately $2,857,000. Teacher Retirement System of Texas owned 0.17% of United Natural Foods as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UNFI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of United Natural Foods by 18.4% in 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 worth $5,152,000 after purchasing an additional 29,357 shares during the last quarter. Virtu Financial LLC acquired a new position in United Natural Foods in the fourth quarter worth approximately $324,000. Amundi grew its position in United Natural Foods by 368.8% in 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 bought a new position in shares of United Natural Foods in the fourth quarter valued at $656,000. Finally, GAMMA Investing LLC boosted its stake in shares of United Natural Foods by 2,671.4% during the 1st quarter. GAMMA Investing LLC now owns 56,177 shares of the company's stock worth $1,539,000 after acquiring an additional 54,150 shares in the last quarter. 87.63% of the stock is currently owned by institutional investors.

United Natural Foods Stock Down 0.4%

Shares of UNFI stock traded down $0.09 during trading on Friday, hitting $23.80. 848,413 shares of the company were exchanged, compared to its average volume of 781,089. The business's 50-day simple moving average is $25.81 and its 200 day simple moving average is $27.19. United Natural Foods, Inc. has a twelve month low of $12.00 and a twelve month high of $34.76. The firm has a market capitalization of $1.44 billion, a price-to-earnings ratio of -20.70 and a beta of 0.82. 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 (NYSE:UNFI - Get Free Report) last issued its earnings results on Tuesday, June 10th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.22. United Natural Foods had a negative net margin of 0.21% and a positive return on equity of 3.13%. The company had revenue of $8.06 billion during the quarter, compared to analyst estimates of $7.78 billion. During the same quarter last year, the business posted $0.10 EPS. The company's revenue for the quarter was up 7.5% on a year-over-year basis. As a group, analysts forecast that United Natural Foods, Inc. will post 0.76 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft set a $24.00 target price on United Natural Foods and gave the stock a "hold" rating in a research report on Thursday, June 12th. UBS Group cut their price objective on United Natural Foods from $30.00 to $26.00 and set a "neutral" rating on the stock in a report on Wednesday, June 11th. BMO Capital Markets decreased their target price on shares of United Natural Foods from $32.00 to $25.00 and set a "market perform" rating for the company in a report on Thursday, June 12th. The Goldman Sachs Group cut their price target on shares of 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 lowered shares of United Natural Foods from a "buy" rating to a "neutral" rating in a research note on Thursday, June 12th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $26.43.

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.