Gotham Asset Management LLC Takes Position in United Natural Foods, Inc. (NYSE:UNFI)

Gotham Asset Management LLC purchased a new stake in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 45,812 shares of the company's stock, valued at approximately $1,251,000. Gotham Asset Management LLC owned about 0.08% of United Natural Foods as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in UNFI. JPMorgan Chase & Co. boosted its holdings in shares of United Natural Foods by 118.1% in the third quarter. JPMorgan Chase & Co. now owns 177,937 shares of the company's stock worth $2,993,000 after buying an additional 96,341 shares during the last quarter. Ballentine Partners LLC increased its position in United Natural Foods by 3.5% in the fourth quarter. Ballentine Partners LLC now owns 15,529 shares of the company's stock worth $424,000 after purchasing an additional 521 shares during the last quarter. SG Americas Securities LLC increased its position in United Natural Foods by 66.8% in the fourth quarter. SG Americas Securities LLC now owns 54,316 shares of the company's stock worth $1,483,000 after purchasing an additional 21,750 shares during the last quarter. Brighton Jones LLC bought a new stake in United Natural Foods in the fourth quarter worth $656,000. Finally, Blue Trust Inc. increased its position in United Natural Foods by 200.2% during the fourth quarter. Blue Trust Inc. now owns 3,191 shares of the company's stock valued at $87,000 after acquiring an additional 2,128 shares during the last quarter. Hedge funds and other institutional investors own 87.63% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on UNFI. 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. The Goldman Sachs Group boosted their target price on shares of United Natural Foods from $25.00 to $28.00 and gave the stock a "neutral" rating in a report on Thursday, February 13th. Finally, StockNews.com upgraded shares of United Natural Foods from a "hold" rating to a "buy" rating in a report on Tuesday, April 15th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $27.50.

United Natural Foods Price Performance

Shares of NYSE:UNFI opened at $31.12 on Friday. The company has a current ratio of 1.48, a quick ratio of 0.53 and a debt-to-equity ratio of 1.39. United Natural Foods, Inc. has a twelve month low of $10.91 and a twelve month high of $34.76. The company's 50 day moving average is $26.31 and its 200 day moving average is $26.84. The company has a market cap of $1.88 billion, a PE ratio of -19.82 and a beta of 1.08.

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

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.

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