Free Trial

15,457 Shares in United Natural Foods, Inc. (NYSE:UNFI) Purchased by Oxford Asset Management LLP

United Natural Foods logo with Consumer Staples background

Oxford Asset Management LLP acquired a new position in United Natural Foods, Inc. (NYSE:UNFI - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 15,457 shares of the company's stock, valued at approximately $422,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Marshall Wace LLP lifted its stake in shares of United Natural Foods by 207.0% during the fourth quarter. Marshall Wace LLP now owns 1,357,212 shares of the company's stock worth $37,065,000 after buying an additional 915,177 shares during the period. Senvest Management LLC acquired a new position in United Natural Foods in the 4th quarter valued at $18,161,000. American Century Companies Inc. boosted its holdings in shares of United Natural Foods by 28.1% during the 4th quarter. American Century Companies Inc. now owns 2,018,248 shares of the company's stock worth $55,118,000 after purchasing an additional 442,574 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of United Natural Foods by 162.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 587,697 shares of the company's stock valued at $16,050,000 after buying an additional 363,962 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of United Natural Foods by 9.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,531,673 shares of the company's stock worth $96,450,000 after purchasing an additional 314,587 shares during the last quarter. Hedge funds and other institutional investors own 87.63% of the company's stock.

Analyst Upgrades and Downgrades

UNFI has been the topic of several recent research reports. Wells Fargo & Company upped their price target on United Natural Foods from $23.00 to $25.00 and gave the stock an "underweight" rating in a report on Friday, January 10th. StockNews.com raised United Natural Foods from a "hold" rating to a "buy" rating in a report on Tuesday, April 15th. CL King raised United Natural Foods from a "neutral" rating to a "buy" rating and set a $33.00 price objective for the company in a research note on Wednesday, March 12th. Finally, The Goldman Sachs Group upped their price objective on United Natural Foods from $25.00 to $28.00 and gave the company a "neutral" rating in a research report on Thursday, February 13th. One analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $27.50.

Check Out Our Latest Research Report on UNFI

United Natural Foods Trading Up 0.3 %

Shares of NYSE:UNFI traded up $0.08 during midday trading on Friday, reaching $27.02. The company had a trading volume of 175,880 shares, compared to its average volume of 698,154. The company has a fifty day simple moving average of $26.51 and a two-hundred day simple moving average of $26.30. The firm has a market cap of $1.64 billion, a price-to-earnings ratio of -17.22 and a beta of 1.08. United Natural Foods, Inc. has a 1-year low of $9.07 and a 1-year high of $34.76. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.53 and a current ratio of 1.48.

United Natural Foods (NYSE:UNFI - Get Free Report) last announced its quarterly earnings results 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 negative net margin of 0.30% and a positive return on equity of 1.27%. The company 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 business posted $0.07 EPS. United Natural Foods's quarterly revenue was up 4.9% on a year-over-year basis. Research analysts predict that United Natural Foods, Inc. will post 0.76 earnings per share for the current year.

About United Natural Foods

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for United Natural Foods (NYSE:UNFI)

Should You Invest $1,000 in United Natural Foods Right Now?

Before you consider United Natural Foods, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and United Natural Foods wasn't on the list.

While United Natural Foods currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

This $13 Trillion Energy Breakthrough Will Make Millionaires
Magnificent 7 Stocks Shift Toward Stability and Selective Growth
4 Biotech Stocks on the Verge of Massive Breakthroughs

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines