Canada Pension Plan Investment Board Has $1.55 Million Holdings in United Natural Foods, Inc. (NYSE:UNFI)

Canada Pension Plan Investment Board lifted its holdings in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 894.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 56,700 shares of the company's stock after buying an additional 51,000 shares during the period. Canada Pension Plan Investment Board owned approximately 0.09% of United Natural Foods worth $1,548,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Versant Capital Management Inc grew its position in United Natural Foods by 66.5% in the 4th quarter. Versant Capital Management Inc now owns 931 shares of the company's stock valued at $25,000 after buying an additional 372 shares in the last quarter. Ballentine Partners LLC raised its holdings in United Natural Foods by 3.5% during 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 in the last quarter. GAMMA Investing LLC lifted its position in United Natural Foods by 46.0% in the fourth quarter. GAMMA Investing LLC now owns 2,027 shares of the company's stock worth $55,000 after purchasing an additional 639 shares during the period. Covestor Ltd boosted its stake in United Natural Foods by 36.4% during the 4th quarter. Covestor Ltd now owns 3,066 shares of the company's stock valued at $84,000 after purchasing an additional 819 shares in the last quarter. Finally, Yousif Capital Management LLC increased its position in shares of United Natural Foods by 2.7% during the 4th quarter. Yousif Capital Management LLC now owns 31,951 shares of the company's stock valued at $873,000 after purchasing an additional 834 shares during the period. 87.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on UNFI. StockNews.com raised United Natural Foods from a "hold" rating to a "buy" rating in a research note on Tuesday, April 15th. The Goldman Sachs Group lifted 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. CL King upgraded 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 report on Wednesday, March 12th. Finally, Wells Fargo & Company lifted their price target on shares of United Natural Foods from $23.00 to $25.00 and gave the stock an "underweight" rating in a research report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $27.50.

United Natural Foods Stock Down 0.0 %

Shares of UNFI stock traded down $0.01 on Tuesday, reaching $25.94. 38,290 shares of the company's stock traded hands, compared to its average volume of 701,362. The company has a market capitalization of $1.57 billion, a P/E ratio of -16.60 and a beta of 1.08. United Natural Foods, Inc. has a 12-month low of $8.90 and a 12-month 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. The business's 50 day moving average price is $26.82 and its two-hundred day moving average price is $26.25.

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