United Natural Foods, Inc. (NASDAQ:UNFI) insider John Michael Hummel sold 1,773 shares of the stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $49.42, for a total transaction of $87,621.66. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

John Michael Hummel also recently made the following trade(s):

  • On Thursday, October 12th, John Michael Hummel sold 1,407 shares of United Natural Foods stock. The shares were sold at an average price of $40.72, for a total transaction of $57,293.04.

Shares of United Natural Foods, Inc. (NASDAQ UNFI) traded up $0.18 during mid-day trading on Friday, hitting $51.15. 1,012,955 shares of the stock were exchanged, compared to its average volume of 1,036,805. United Natural Foods, Inc. has a 52 week low of $29.53 and a 52 week high of $52.69. The firm has a market cap of $2,568.93, a PE ratio of 19.53, a price-to-earnings-growth ratio of 3.19 and a beta of 1.46. The company has a current ratio of 2.25, a quick ratio of 0.82 and a debt-to-equity ratio of 0.25.

United Natural Foods (NASDAQ:UNFI) last announced its quarterly earnings data on Thursday, December 7th. The company reported $0.60 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.60. United Natural Foods had a net margin of 1.39% and a return on equity of 8.04%. The company had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.39 billion. During the same quarter in the prior year, the company posted $0.58 EPS. research analysts forecast that United Natural Foods, Inc. will post 2.74 EPS for the current year.

United Natural Foods declared that its Board of Directors has initiated a share repurchase plan on Friday, October 6th that allows the company to repurchase $200.00 million in shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

A number of brokerages have weighed in on UNFI. Buckingham Research reduced their price target on shares of United Natural Foods from $53.00 to $51.00 and set a “buy” rating for the company in a report on Thursday, September 14th. Wells Fargo & Company reissued a “hold” rating and issued a $38.00 price target on shares of United Natural Foods in a report on Thursday, September 14th. Royal Bank of Canada reissued an “underperform” rating and issued a $34.00 price target on shares of United Natural Foods in a report on Monday, December 4th. Barclays reissued a “sell” rating and issued a $32.00 price target on shares of United Natural Foods in a report on Thursday, September 28th. Finally, Zacks Investment Research raised shares of United Natural Foods from a “sell” rating to a “hold” rating in a report on Monday, August 21st. Five investment analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $43.33.

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of United Natural Foods by 0.6% during the 2nd quarter. Vanguard Group Inc. now owns 4,289,244 shares of the company’s stock worth $157,415,000 after purchasing an additional 24,028 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of United Natural Foods by 6.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,269,142 shares of the company’s stock worth $177,554,000 after purchasing an additional 258,676 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of United Natural Foods by 3.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,518,218 shares of the company’s stock worth $104,734,000 after purchasing an additional 84,579 shares in the last quarter. Kiltearn Partners LLP acquired a new stake in shares of United Natural Foods during the 2nd quarter worth about $74,701,000. Finally, State Street Corp increased its position in shares of United Natural Foods by 4.2% during the 2nd quarter. State Street Corp now owns 1,666,585 shares of the company’s stock worth $61,167,000 after purchasing an additional 66,868 shares in the last quarter.

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About United Natural Foods

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.

Insider Buying and Selling by Quarter for United Natural Foods (NASDAQ:UNFI)

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