XTX Topco Ltd Makes New Investment in United Natural Foods, Inc. (NYSE:UNFI)

XTX Topco Ltd purchased a new position in United Natural Foods, Inc. (NYSE:UNFI - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 16,606 shares of the company's stock, valued at approximately $454,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. American Century Companies Inc. lifted its position in shares of United Natural Foods by 28.1% in the fourth quarter. American Century Companies Inc. now owns 2,018,248 shares of the company's stock worth $55,118,000 after buying an additional 442,574 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of United Natural Foods by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 1,358,340 shares of the company's stock valued at $22,852,000 after acquiring an additional 14,928 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings 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 worth $16,050,000 after purchasing an additional 363,962 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of United Natural Foods by 146.8% during the fourth quarter. JPMorgan Chase & Co. now owns 439,109 shares of the company's stock worth $11,992,000 after purchasing an additional 261,172 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of United Natural Foods by 1.0% in the 4th quarter. Bank of New York Mellon Corp now owns 431,971 shares of the company's stock valued at $11,797,000 after buying an additional 4,260 shares during the period. 87.63% of the stock is owned by institutional investors and hedge funds.

United Natural Foods Trading Up 1.6 %

United Natural Foods stock traded up $0.41 during trading hours on Friday, reaching $26.19. 493,576 shares of the company's stock were exchanged, compared to its average volume of 704,072. The firm has a market capitalization of $1.59 billion, a PE ratio of -16.68 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 firm's 50 day simple moving average is $26.94 and its 200 day simple moving average is $26.12. United Natural Foods, Inc. has a twelve month low of $8.82 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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $7.96 billion. During the same period last year, the company earned $0.07 earnings per share. The business's 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.

Analyst Upgrades and Downgrades

UNFI has been the topic of a number of recent analyst reports. 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. The Goldman Sachs Group raised their price target 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. Wells Fargo & Company increased their target price on shares of United Natural Foods from $23.00 to $25.00 and gave the stock an "underweight" rating in a report on Friday, January 10th. Finally, StockNews.com upgraded shares of United Natural Foods from a "hold" rating to a "buy" rating in a research note on Tuesday, April 15th. One equities research 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 data from MarketBeat, United Natural Foods presently has an average rating of "Hold" and a consensus price target of $27.50.

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.