United Natural Foods, Inc. (NYSE:UNFI) Shares Bought by Corton Capital Inc.

Corton Capital Inc. boosted its position in United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 144.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 32,251 shares of the company's stock after purchasing an additional 19,066 shares during the quarter. United Natural Foods comprises about 0.5% of Corton Capital Inc.'s holdings, making the stock its 2nd largest position. Corton Capital Inc. owned 0.05% of United Natural Foods worth $881,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Dimensional Fund Advisors LP increased its holdings in 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. American Century Companies Inc. raised its stake in United Natural Foods by 28.1% during the fourth quarter. American Century Companies Inc. now owns 2,018,248 shares of the company's stock worth $55,118,000 after acquiring an additional 442,574 shares during the period. Marshall Wace LLP lifted its holdings in United Natural Foods by 207.0% in the fourth quarter. Marshall Wace LLP now owns 1,357,212 shares of the company's stock worth $37,065,000 after acquiring an additional 915,177 shares during the last quarter. Northern Trust Corp increased its position in United Natural Foods by 18.6% in the fourth quarter. Northern Trust Corp now owns 756,585 shares of the company's stock worth $20,662,000 after buying an additional 118,817 shares during the period. Finally, Bridgeway Capital Management LLC increased its holdings in shares of United Natural Foods by 23.6% in the 4th quarter. Bridgeway Capital Management LLC now owns 706,469 shares of the company's stock worth $19,294,000 after acquiring an additional 134,841 shares during the period. 87.63% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

UNFI has been the topic of a number of research analyst reports. CL King upgraded shares of United Natural Foods from a "neutral" rating to a "buy" rating and set a $33.00 price objective on the stock in a research note on Wednesday, March 12th. StockNews.com raised United Natural Foods from a "hold" rating to a "buy" rating in a research report on Tuesday, April 15th. Wells Fargo & Company upped their target price on United Natural Foods from $23.00 to $25.00 and gave the stock an "underweight" rating in a research report on Friday, January 10th. Finally, The Goldman Sachs Group increased 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 analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $27.50.

United Natural Foods Trading Down 1.7 %

Shares of United Natural Foods stock opened at $26.36 on Tuesday. United Natural Foods, Inc. has a 12-month low of $9.44 and a 12-month high of $34.76. The stock has a market capitalization of $1.60 billion, a P/E ratio of -16.79 and a beta of 1.08. 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 company has a 50-day simple moving average of $26.28 and a 200 day simple moving average of $26.44.

United Natural Foods (NYSE:UNFI - Get Free Report) last posted its quarterly earnings data on Tuesday, March 11th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.07 EPS. Research analysts expect that United Natural Foods, Inc. will post 0.76 earnings per share for the current fiscal year.

United Natural Foods Profile

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.

Want to see what other hedge funds are holding UNFI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Natural Foods, Inc. (NYSE:UNFI - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.