19,204 Shares in United Natural Foods, Inc. (NYSE:UNFI) Purchased by Sherbrooke Park Advisers LLC

Sherbrooke Park Advisers LLC purchased a new position in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 19,204 shares of the company's stock, valued at approximately $524,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. bought a new stake in shares of United Natural Foods during the fourth quarter valued at approximately $27,000. Harvest Fund Management Co. Ltd acquired a new stake in United Natural Foods in the 4th quarter valued at $37,000. Aquatic Capital Management LLC bought a new stake in United Natural Foods during the 4th quarter valued at $47,000. Sterling Capital Management LLC increased its stake in United Natural Foods by 796.2% during the 4th quarter. Sterling Capital Management LLC now owns 1,882 shares of the company's stock valued at $51,000 after purchasing an additional 1,672 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in United Natural Foods by 186.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,391 shares of the company's stock worth $65,000 after buying an additional 1,557 shares during the last quarter. Institutional investors own 87.63% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on UNFI. StockNews.com upgraded shares of United Natural Foods from a "hold" rating to a "buy" rating in a report on Tuesday, April 15th. CL King raised shares of United Natural Foods from a "neutral" rating to a "buy" rating and set a $33.00 price target on the stock in a research report on Wednesday, March 12th. Finally, The Goldman Sachs Group boosted their price objective on United Natural Foods from $25.00 to $28.00 and gave the stock a "neutral" rating in a report on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $27.50.

United Natural Foods Stock Down 4.3%

United Natural Foods stock traded down $1.34 during midday trading on Wednesday, hitting $29.56. 495,335 shares of the stock were exchanged, compared to its average volume of 703,839. United Natural Foods, Inc. has a 52-week low of $10.97 and a 52-week high of $34.76. 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 business's 50-day moving average price is $26.45 and its 200-day moving average price is $27.03. The stock has a market capitalization of $1.79 billion, a price-to-earnings ratio of -18.83 and a beta of 1.08.

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