Hussman Strategic Advisors Inc. Has $3.45 Million Stake in United Natural Foods, Inc. (NYSE:UNFI)

Hussman Strategic Advisors Inc. boosted its position in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 500.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 126,000 shares of the company's stock after purchasing an additional 105,000 shares during the period. United Natural Foods accounts for 0.8% of Hussman Strategic Advisors Inc.'s investment portfolio, making the stock its 19th biggest holding. Hussman Strategic Advisors Inc. owned 0.21% of United Natural Foods worth $3,451,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in United Natural Foods by 18.4% during the fourth 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 purchasing an additional 29,357 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of United Natural Foods in the 4th quarter worth approximately $324,000. Brighton Jones LLC acquired a new position in shares of United Natural Foods in the 4th quarter worth approximately $656,000. GAMMA Investing LLC increased 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 in the last quarter. Finally, Range Financial Group LLC acquired a new stake in shares of United Natural Foods during the first quarter worth approximately $1,253,000. 87.63% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on UNFI. BMO Capital Markets dropped their price target on shares of United Natural Foods from $32.00 to $25.00 and set a "market perform" rating for the company in a research note on Thursday, June 12th. Wells Fargo & Company raised shares of United Natural Foods from an "underweight" rating to an "equal weight" rating and lifted their price objective for the stock from $25.00 to $26.00 in a research note on Wednesday, July 16th. UBS Group lifted their target price on United Natural Foods from $26.00 to $29.00 and gave the stock a "neutral" rating in a report on Thursday. The Goldman Sachs Group reduced their target price on 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, Deutsche Bank Aktiengesellschaft set a $24.00 target price on United Natural Foods and gave the stock a "hold" rating in a research note on Thursday, June 12th. Eight research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $27.00.

United Natural Foods Stock Up 0.5%

Shares of NYSE:UNFI traded up $0.15 during midday trading on Monday, reaching $27.43. The company had a trading volume of 413,780 shares, compared to its average volume of 802,846. The company has a quick ratio of 0.51, a current ratio of 1.41 and a debt-to-equity ratio of 1.21. The business's 50 day moving average price is $25.69 and its 200 day moving average price is $27.13. The stock has a market cap of $1.66 billion, a PE ratio of -23.88 and a beta of 0.82. United Natural Foods, Inc. has a 1-year low of $12.00 and a 1-year high of $34.76.

United Natural Foods (NYSE:UNFI - Get Free Report) last posted its quarterly earnings results on Tuesday, June 10th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.22. The firm had revenue of $8.06 billion for the quarter, compared to analyst estimates 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 previous year, the firm earned $0.10 EPS. Research analysts forecast that United Natural Foods, Inc. will post 0.76 EPS for the current fiscal year.

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.