United Natural Foods, Inc. (NASDAQ:UNFI) SVP Joseph J. Traficanti sold 4,950 shares of the company’s stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $51.34, for a total value of $254,133.00. Following the completion of the sale, the senior vice president now owns 5,080 shares in the company, valued at approximately $260,807.20. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of United Natural Foods, Inc. (NASDAQ:UNFI) opened at $51.34 on Wednesday. United Natural Foods, Inc. has a 12-month low of $29.53 and a 12-month high of $52.69. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.82 and a current ratio of 2.25. The firm has a market capitalization of $2,578.00, a PE ratio of 19.60, a price-to-earnings-growth ratio of 3.20 and a beta of 1.46.

United Natural Foods (NASDAQ:UNFI) last released its quarterly earnings results on Thursday, December 7th. The company reported $0.60 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.60. United Natural Foods had a return on equity of 8.04% and a net margin of 1.39%. The business had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.39 billion. During the same quarter last year, the business posted $0.58 earnings per share. equities research analysts forecast that United Natural Foods, Inc. will post 2.74 EPS for the current fiscal 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 buyback $200.00 million in outstanding shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.

A number of equities research analysts have commented on UNFI shares. Pivotal Research reiterated a “sell” rating and issued a $32.00 price target on shares of United Natural Foods in a research report on Tuesday, September 12th. Goldman Sachs Group restated a “neutral” rating and set a $41.00 target price on shares of United Natural Foods in a research report on Tuesday, November 14th. Zacks Investment Research upgraded United Natural Foods from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a report on Tuesday, October 10th. TheStreet lowered United Natural Foods from a “b-” rating to a “c+” rating in a report on Friday, October 27th. Finally, Bank of America reiterated an “underperform” rating and issued a $36.00 price target (up previously from $35.00) on shares of United Natural Foods in a report on Thursday, September 14th. Five equities research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $43.33.

A number of large investors have recently made changes to their positions in the stock. CS Mckee LP increased its holdings in United Natural Foods by 0.4% during the 2nd quarter. CS Mckee LP now owns 24,700 shares of the company’s stock valued at $906,000 after purchasing an additional 100 shares during the period. Amalgamated Bank increased its holdings in United Natural Foods by 2.8% during the 2nd quarter. Amalgamated Bank now owns 7,179 shares of the company’s stock valued at $263,000 after purchasing an additional 196 shares during the period. Suntrust Banks Inc. increased its holdings in United Natural Foods by 2.5% during the 2nd quarter. Suntrust Banks Inc. now owns 8,628 shares of the company’s stock valued at $316,000 after purchasing an additional 214 shares during the period. Arizona State Retirement System increased its holdings in United Natural Foods by 1.4% during the 2nd quarter. Arizona State Retirement System now owns 21,300 shares of the company’s stock valued at $782,000 after purchasing an additional 300 shares during the period. Finally, Thrivent Financial For Lutherans increased its holdings in United Natural Foods by 4.3% during the 2nd quarter. Thrivent Financial For Lutherans now owns 10,010 shares of the company’s stock valued at $367,000 after purchasing an additional 410 shares during the period.

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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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