United Natural Foods, Inc. (NYSE:UNFI) Shares Acquired by Dark Forest Capital Management LP

Dark Forest Capital Management LP lifted its position in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 137.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 24,720 shares of the company's stock after buying an additional 14,299 shares during the quarter. Dark Forest Capital Management LP's holdings in United Natural Foods were worth $675,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of UNFI. Versant Capital Management Inc boosted its stake in United Natural Foods by 66.5% during the fourth quarter. Versant Capital Management Inc now owns 931 shares of the company's stock valued at $25,000 after buying an additional 372 shares during the last quarter. Hazlett Burt & Watson Inc. bought a new stake in United Natural Foods during the 4th quarter valued at about $27,000. Harvest Fund Management Co. Ltd purchased a new position in United Natural Foods during the 4th quarter worth $37,000. Sterling Capital Management LLC increased its stake in shares of United Natural Foods by 796.2% during the fourth quarter. Sterling Capital Management LLC now owns 1,882 shares of the company's stock valued at $51,000 after buying an additional 1,672 shares during the period. Finally, GAMMA Investing LLC raised its holdings in shares of United Natural Foods by 46.0% in the 4th quarter. GAMMA Investing LLC now owns 2,027 shares of the company's stock valued at $55,000 after purchasing an additional 639 shares in the last quarter. Institutional investors own 87.63% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently commented on UNFI. Wells Fargo & Company increased their price objective on United Natural Foods from $23.00 to $25.00 and gave the company an "underweight" rating in a report on Friday, January 10th. StockNews.com upgraded shares of United Natural Foods from a "hold" rating to a "buy" rating in a research note on Tuesday, April 15th. The Goldman Sachs Group upped their target price on United Natural Foods from $25.00 to $28.00 and gave the stock a "neutral" rating in a research note on Thursday, February 13th. Finally, CL King upgraded 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. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $27.50.

United Natural Foods Trading Up 0.2 %

Shares of United Natural Foods stock traded up $0.05 during trading hours on Wednesday, hitting $26.29. The company's stock had a trading volume of 103,040 shares, compared to its average volume of 700,377. The firm has a fifty day moving average of $26.70 and a 200-day moving average of $26.25. 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 stock has a market cap of $1.59 billion, a price-to-earnings ratio of -16.73 and a beta of 1.08. United Natural Foods, Inc. has a twelve month low of $8.90 and a twelve month high of $34.76.

United Natural Foods (NYSE:UNFI - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $8.16 billion for the quarter, compared to analyst estimates of $7.96 billion. During the same period in the prior year, the business posted $0.07 EPS. The business's revenue for the quarter was up 4.9% compared to the same quarter last year. Research analysts forecast that United Natural Foods, Inc. will post 0.76 EPS 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.