UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $5.15 Million Stock Position in United Natural Foods, Inc. (NYSE:UNFI)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 18.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 188,642 shares of the company's stock after buying an additional 29,357 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.31% of United Natural Foods worth $5,152,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Hazlett Burt & Watson Inc. acquired a new position in United Natural Foods in the 4th quarter worth $27,000. Harvest Fund Management Co. Ltd acquired a new position in United Natural Foods in the 4th quarter worth $37,000. Aquatic Capital Management LLC acquired a new position in United Natural Foods in the 4th quarter worth $47,000. Sterling Capital Management LLC boosted its stake in United Natural Foods by 796.2% in the 4th quarter. Sterling Capital Management LLC now owns 1,882 shares of the company's stock worth $51,000 after purchasing an additional 1,672 shares during the period. Finally, Smartleaf Asset Management LLC boosted its stake in United Natural Foods by 186.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,391 shares of the company's stock worth $65,000 after purchasing an additional 1,557 shares during the period. Institutional investors own 87.63% of the company's stock.

United Natural Foods Stock Up 1.7%

Shares of United Natural Foods stock traded up $0.47 during trading hours on Friday, reaching $27.85. 559,198 shares of the company's stock were exchanged, compared to its average volume of 693,074. The company has a current ratio of 1.48, a quick ratio of 0.53 and a debt-to-equity ratio of 1.39. The company has a 50 day moving average of $27.15 and a two-hundred day moving average of $27.73. The stock has a market cap of $1.69 billion, a P/E ratio of -17.74 and a beta of 0.90. United Natural Foods, Inc. has a fifty-two week low of $11.88 and a fifty-two week high of $34.76.

United Natural Foods (NYSE:UNFI - Get Free Report) last issued its earnings results on Tuesday, March 11th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.04. The company had revenue of $8.16 billion for the quarter, compared to analysts' expectations of $7.96 billion. United Natural Foods had a negative net margin of 0.30% and a positive return on equity of 1.27%. United Natural Foods's quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.07 EPS. On average, sell-side analysts forecast that United Natural Foods, Inc. will post 0.76 EPS for the current fiscal year.

Analysts Set New Price Targets

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

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.