Vanguard Group Inc. Sells 167,877 Shares of United Natural Foods, Inc. $UNFI

Vanguard Group Inc. trimmed its stake in shares of United Natural Foods, Inc. (NYSE:UNFI) by 2.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 7,179,928 shares of the company’s stock after selling 167,877 shares during the quarter. Vanguard Group Inc. owned about 0.12% of United Natural Foods worth $241,748,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC bought a new stake in shares of United Natural Foods during the 4th quarter worth $656,000. Allianz Asset Management GmbH lifted its position in shares of United Natural Foods by 259.4% during the 3rd quarter. Allianz Asset Management GmbH now owns 226,706 shares of the company’s stock worth $8,529,000 after buying an additional 163,622 shares during the last quarter. Mutual Advisors LLC bought a new stake in shares of United Natural Foods during the 3rd quarter worth $1,387,000. SG Americas Securities LLC lifted its position in shares of United Natural Foods by 12,660.4% during the 4th quarter. SG Americas Securities LLC now owns 678,979 shares of the company’s stock worth $22,861,000 after buying an additional 673,658 shares during the last quarter. Finally, Towle & Co. bought a new stake in shares of United Natural Foods during the 3rd quarter worth $13,724,000. 87.63% of the stock is currently owned by institutional investors.

United Natural Foods Price Performance

United Natural Foods stock opened at $52.23 on Friday. The company has a current ratio of 1.33, a quick ratio of 0.52 and a debt-to-equity ratio of 1.11. The company has a market capitalization of $3.17 billion, a PE ratio of -40.18 and a beta of 0.82. United Natural Foods, Inc. has a 12 month low of $20.78 and a 12 month high of $52.68. The stock has a 50-day moving average price of $43.97 and a two-hundred day moving average price of $39.04.

United Natural Foods (NYSE:UNFI) last posted its earnings results on Tuesday, March 10th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.51 by $0.11. The firm had revenue of $7.95 billion during the quarter, compared to the consensus estimate of $8.11 billion. United Natural Foods had a positive return on equity of 6.05% and a negative net margin of 0.25%.The business’s quarterly revenue was down 2.6% on a year-over-year basis. During the same period last year, the company earned $0.22 earnings per share. United Natural Foods has set its FY 2026 guidance at 2.300-2.700 EPS. Analysts expect that United Natural Foods, Inc. will post 2.52 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently weighed in on UNFI. BMO Capital Markets upped their price objective on United Natural Foods from $48.00 to $52.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Wells Fargo & Company upgraded United Natural Foods from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $40.00 to $56.00 in a research report on Thursday, March 26th. Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a research report on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft upped their price objective on United Natural Foods from $40.00 to $46.00 and gave the stock a “hold” rating in a research report on Thursday, March 12th. Finally, UBS Group upped their price objective on United Natural Foods from $42.00 to $44.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 11th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, United Natural Foods has a consensus rating of “Hold” and an average price target of $43.63.

Insider Buying and Selling

In other United Natural Foods news, insider Danielle Benedict sold 4,807 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $52.00, for a total value of $249,964.00. Following the completion of the transaction, the insider directly owned 98,470 shares in the company, valued at approximately $5,120,440. This trade represents a 4.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.40% of the company’s stock.

United Natural Foods Company Profile

United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.

UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.