Cooke & Bieler LP lowered its stake in shares of United Natural Foods, Inc. (NASDAQ:UNFI) by 48.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 491,097 shares of the company’s stock after selling 460,991 shares during the quarter. Cooke & Bieler LP’s holdings in United Natural Foods were worth $24,196,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. C M Bidwell & Associates Ltd. bought a new position in United Natural Foods in the 4th quarter valued at $127,000. Strs Ohio grew its stake in United Natural Foods by 440.0% in the 4th quarter. Strs Ohio now owns 2,700 shares of the company’s stock valued at $133,000 after purchasing an additional 2,200 shares during the period. Flinton Capital Management LLC grew its stake in United Natural Foods by 76.9% in the 2nd quarter. Flinton Capital Management LLC now owns 5,152 shares of the company’s stock valued at $189,000 after purchasing an additional 2,240 shares during the period. Balasa Dinverno & Foltz LLC bought a new position in United Natural Foods in the 3rd quarter valued at $208,000. Finally, Bell Bank bought a new position in United Natural Foods in the 3rd quarter valued at $210,000.

In related news, COO Sean Griffin sold 12,351 shares of the stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $49.41, for a total transaction of $610,262.91. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider John Michael Hummel sold 1,773 shares of the firm’s stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $49.42, for a total value of $87,621.66. The disclosure for this sale can be found here. Insiders have sold a total of 103,191 shares of company stock worth $5,140,875 in the last three months. 1.40% of the stock is currently owned by insiders.

A number of research analysts have issued reports on the company. TheStreet upgraded United Natural Foods from a “c+” rating to a “b-” rating in a research note on Tuesday, December 12th. BidaskClub downgraded United Natural Foods from a “buy” rating to a “hold” rating in a research note on Friday, December 22nd. BMO Capital Markets set a $54.00 price objective on United Natural Foods and gave the company a “hold” rating in a research note on Saturday, December 9th. Loop Capital set a $56.00 price objective on United Natural Foods and gave the company a “buy” rating in a research note on Friday, December 8th. Finally, Susquehanna Bancshares set a $49.00 price objective on United Natural Foods and gave the company a “hold” rating in a research note on Thursday, December 7th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $44.83.

Shares of United Natural Foods, Inc. (NASDAQ UNFI) opened at $44.63 on Monday. The stock has a market capitalization of $2,249.40, a PE ratio of 17.30, a P/E/G ratio of 2.56 and a beta of 1.41. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.82 and a current ratio of 2.25. United Natural Foods, Inc. has a 1-year low of $29.53 and a 1-year high of $52.69.

United Natural Foods (NASDAQ:UNFI) last issued its quarterly earnings data on Thursday, December 7th. The company reported $0.60 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.60. The business had revenue of $2.46 billion for the quarter, compared to analysts’ expectations of $2.39 billion. United Natural Foods had a return on equity of 8.04% and a net margin of 1.39%. During the same quarter in the prior year, the firm posted $0.58 EPS. analysts expect that United Natural Foods, Inc. will post 2.82 earnings per share for the current fiscal year.

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United Natural Foods Profile

United Natural Foods, Inc is a distributor and retailer of natural, organic and specialty products. The Company’s segments include Wholesale and Other. The Wholesale segment is engaged in the national distribution of natural, organic and specialty foods, produce and related products in the United States and Canada.

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Institutional Ownership by Quarter for United Natural Foods (NASDAQ:UNFI)

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