Nia Impact Advisors LLC Makes New Investment in United Natural Foods, Inc. (NYSE:UNFI)

Nia Impact Advisors LLC acquired a new stake in United Natural Foods, Inc. (NYSE:UNFI - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 77,850 shares of the company's stock, valued at approximately $2,126,000. Nia Impact Advisors LLC owned about 0.13% of United Natural Foods as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UNFI. Nuveen Asset Management LLC increased its stake in shares of United Natural Foods by 37.9% during the fourth quarter. Nuveen Asset Management LLC now owns 881,982 shares of the company's stock valued at $24,087,000 after buying an additional 242,293 shares during the period. Numerai GP LLC bought a new stake in United Natural Foods in the fourth quarter worth $1,067,000. OMERS ADMINISTRATION Corp purchased a new position in United Natural Foods in the fourth quarter worth about $352,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in United Natural Foods by 3.9% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,414 shares of the company's stock worth $913,000 after acquiring an additional 1,245 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new position in shares of United Natural Foods during the fourth quarter valued at $112,000. Institutional investors own 87.63% of the company's stock.

Wall Street Analysts Forecast Growth

UNFI has been the topic of several recent research reports. 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. StockNews.com upgraded United Natural Foods from a "hold" rating to a "buy" rating in a research report on Tuesday, April 15th. Finally, CL King upgraded United Natural Foods from a "neutral" rating to a "buy" rating and set a $33.00 price target for the company in a research report on Wednesday, March 12th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, United Natural Foods has a consensus rating of "Hold" and a consensus target price of $27.50.

United Natural Foods Stock Up 1.8%

Shares of United Natural Foods stock traded up $0.55 on Friday, reaching $31.12. The stock had a trading volume of 1,091,135 shares, compared to its average volume of 704,325. The company has a quick ratio of 0.53, a current ratio of 1.48 and a debt-to-equity ratio of 1.39. The stock has a market capitalization of $1.88 billion, a P/E ratio of -19.82 and a beta of 1.08. The company has a 50 day moving average price of $26.31 and a 200 day moving average price of $26.84. United Natural Foods, Inc. has a 1 year low of $10.91 and a 1 year high of $34.76.

United Natural Foods (NYSE:UNFI - Get Free Report) last announced its quarterly earnings data on Tuesday, March 11th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.18 by $0.04. United Natural Foods had a negative net margin of 0.30% and a positive return on equity of 1.27%. The firm had revenue of $8.16 billion during the quarter, compared to analyst estimates of $7.96 billion. During the same period last year, the firm posted $0.07 EPS. United Natural Foods's revenue was up 4.9% on a year-over-year basis. As a group, equities research 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.