Hauser Brothers GmbH Reduces Holdings in United Natural Foods, Inc. $UNFI

Key Points

• Hauser Brothers GmbH reduced its stake in United Natural Foods, Inc. by 43.5%, making it the 5th largest position in their portfolio.
• Other investors, including CWM LLC and Federated Hermes Inc., have increased their holdings in United Natural Foods, reflecting interest despite recent selling activity.
• Analysts have varying ratings for UNFI, with a consensus rating of "Hold" and target prices ranging from $24.00 to $36.00.

Hauser Brothers GmbH lowered its holdings in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 43.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 393,100 shares of the company's stock after selling 303,050 shares during the period. United Natural Foods makes up about 10.3% of Hauser Brothers GmbH's holdings, making the stock its 5th biggest position. Hauser Brothers GmbH owned 0.65% of United Natural Foods worth $10,767,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake 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 worth $5,152,000 after purchasing an additional 29,357 shares during the period. Brighton Jones LLC acquired a new stake in United Natural Foods during the fourth quarter worth approximately $656,000. GAMMA Investing LLC grew its stake in 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 purchasing an additional 54,150 shares during the period. Range Financial Group LLC acquired a new stake in United Natural Foods during the first quarter worth approximately $1,253,000. Finally, Lisanti Capital Growth LLC acquired a new stake in United Natural Foods during the first quarter worth approximately $2,570,000. Institutional investors and hedge funds own 87.63% of the company's stock.

United Natural Foods Stock Up 1.2%

Shares of UNFI stock traded up $0.34 during trading hours on Friday, reaching $28.26. The company had a trading volume of 800,365 shares, compared to its average volume of 801,631. United Natural Foods, Inc. has a 12 month low of $13.84 and a 12 month high of $34.76. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.41 and a quick ratio of 0.51. The business has a fifty day simple moving average of $25.71 and a 200-day simple moving average of $26.73. The company has a market cap of $1.71 billion, a price-to-earnings ratio of -24.58 and a beta of 0.82.

United Natural Foods (NYSE:UNFI - Get Free Report) last posted its earnings results 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 positive return on equity of 3.13% and a negative net margin of 0.21%.The company had revenue of $8.06 billion for the quarter, compared to analyst estimates of $7.78 billion. During the same quarter last year, the company earned $0.10 earnings per share. The company's revenue for the quarter was up 7.5% on a year-over-year basis. United Natural Foods has set its FY 2025 guidance at 0.700-0.900 EPS. On average, research analysts expect that United Natural Foods, Inc. will post 0.76 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms recently commented on UNFI. Northcoast Research raised United Natural Foods from a "neutral" rating to a "buy" rating and set a $36.00 target price for the company in a research note on Tuesday, July 22nd. UBS Group increased their price target on United Natural Foods from $26.00 to $29.00 and gave the stock a "neutral" rating in a report on Thursday, July 17th. BMO Capital Markets cut their price target on United Natural Foods from $32.00 to $25.00 and set a "market perform" rating on the stock in a report on Thursday, June 12th. The Goldman Sachs Group cut their price target 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, Wells Fargo & Company upgraded United Natural Foods from an "underweight" rating to an "equal weight" rating and increased their price target for the stock from $25.00 to $26.00 in a report on Wednesday, July 16th. Two research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $28.13.

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.