United Natural Foods, Inc. (NYSE:UNFI) Shares Acquired by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. boosted its position in United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 500.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 126,000 shares of the company's stock after purchasing an additional 105,000 shares during the period. United Natural Foods comprises approximately 0.8% of Hussman Strategic Advisors Inc.'s holdings, making the stock its 19th largest position. Hussman Strategic Advisors Inc. owned about 0.21% of United Natural Foods worth $3,451,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. purchased a new position in shares of United Natural Foods during the 4th quarter worth approximately $27,000. Harvest Fund Management Co. Ltd purchased a new position in shares of United Natural Foods during the 4th quarter worth approximately $37,000. Aquatic Capital Management LLC purchased a new position in shares of United Natural Foods during the 4th quarter worth approximately $47,000. Sterling Capital Management LLC increased its stake in shares of United Natural Foods by 796.2% during 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 in the last quarter. Finally, Quarry LP increased its stake in shares of United Natural Foods by 135.6% during the 4th quarter. Quarry LP now owns 2,667 shares of the company's stock worth $73,000 after purchasing an additional 1,535 shares in the last quarter. Institutional investors and hedge funds own 87.63% of the company's stock.

United Natural Foods Stock Down 1.4%

Shares of United Natural Foods stock traded down $0.38 during trading on Friday, reaching $26.99. The company had a trading volume of 201,984 shares, compared to its average volume of 866,069. The company has a market cap of $1.63 billion, a price-to-earnings ratio of -23.47 and a beta of 0.82. The firm's fifty day moving average is $25.69 and its 200-day moving average is $27.13. 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 fifty-two week low of $12.00 and a fifty-two week high of $34.76.

United Natural Foods (NYSE:UNFI - Get Free Report) last announced its quarterly earnings data on Tuesday, June 10th. The company reported $0.44 earnings per share 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 business had revenue of $8.06 billion during the quarter, compared to the consensus estimate of $7.78 billion. During the same quarter in the prior year, the firm earned $0.10 EPS. The company's revenue for the quarter was up 7.5% compared to the same quarter last year. On average, analysts anticipate that United Natural Foods, Inc. will post 0.76 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft set a $24.00 price objective on shares of United Natural Foods and gave the stock a "hold" rating in a research note on Thursday, June 12th. Northcoast Research cut shares of United Natural Foods from a "buy" rating to a "neutral" rating in a research note on Thursday, June 12th. Wall Street Zen raised shares of United Natural Foods from a "hold" rating to a "buy" rating in a research note on Tuesday, April 15th. UBS Group lifted their target price on shares of United Natural Foods from $26.00 to $29.00 and gave the stock a "neutral" rating in a research note on Thursday. Finally, The Goldman Sachs Group reduced their target price 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. Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $27.00.

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.

Want to see what other hedge funds are holding UNFI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Natural Foods, Inc. (NYSE:UNFI - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.