Louisiana State Employees Retirement System increased its position in shares of United Natural Foods, Inc. (NASDAQ:UNFI) by 3.1% during the second quarter, Holdings Channel reports. The firm owned 13,200 shares of the company’s stock after buying an additional 400 shares during the period. Louisiana State Employees Retirement System’s holdings in United Natural Foods were worth $484,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of UNFI. LS Investment Advisors LLC raised its stake in United Natural Foods by 20.5% in the second quarter. LS Investment Advisors LLC now owns 4,171 shares of the company’s stock worth $153,000 after buying an additional 711 shares during the period. Clean Yield Group raised its stake in United Natural Foods by 5.7% in the second quarter. Clean Yield Group now owns 115,187 shares of the company’s stock worth $4,143,000 after buying an additional 6,200 shares during the period. Oregon Public Employees Retirement Fund raised its stake in United Natural Foods by 4.4% in the second quarter. Oregon Public Employees Retirement Fund now owns 18,386 shares of the company’s stock worth $675,000 after buying an additional 781 shares during the period. Fisher Asset Management LLC raised its stake in United Natural Foods by 4.2% in the second quarter. Fisher Asset Management LLC now owns 702,741 shares of the company’s stock worth $25,791,000 after buying an additional 28,185 shares during the period. Finally, Bank of Montreal Can raised its stake in United Natural Foods by 7.3% in the second quarter. Bank of Montreal Can now owns 11,381 shares of the company’s stock worth $417,000 after buying an additional 774 shares during the period. Institutional investors and hedge funds own 98.62% of the company’s stock.

United Natural Foods, Inc. (NASDAQ UNFI) traded down 0.03% on Friday, reaching $36.24. The company’s stock had a trading volume of 245,162 shares. The firm has a market capitalization of $1.83 billion, a PE ratio of 14.55 and a beta of 1.39. United Natural Foods, Inc. has a 52 week low of $29.53 and a 52 week high of $50.15. The stock’s 50 day moving average is $36.55 and its 200-day moving average is $40.88.

United Natural Foods (NASDAQ:UNFI) last released its earnings results on Tuesday, June 6th. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.01. United Natural Foods had a return on equity of 8.21% and a net margin of 1.38%. The business had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.42 billion. During the same period last year, the business earned $0.76 earnings per share. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. Analysts predict that United Natural Foods, Inc. will post $2.55 EPS for the current year.

WARNING: This news story was first posted by Watch List News and is owned by of Watch List News. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright legislation. The correct version of this news story can be accessed at https://www.watchlistnews.com/louisiana-state-employees-retirement-system-buys-400-shares-of-united-natural-foods-inc-nasdaqunfi/1479794.html.

A number of equities research analysts have recently issued reports on the company. BidaskClub lowered United Natural Foods from a “hold” rating to a “sell” rating in a research note on Friday. Stephens initiated coverage on United Natural Foods in a report on Friday. They issued an “equal weight” rating and a $50.00 price target for the company. Zacks Investment Research downgraded United Natural Foods from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. Royal Bank Of Canada set a $34.00 price target on United Natural Foods and gave the company a “hold” rating in a report on Sunday, July 16th. Finally, Wells Fargo & Company reissued a “hold” rating and issued a $35.00 price target on shares of United Natural Foods in a report on Thursday, June 29th. Five research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. United Natural Foods presently has an average rating of “Hold” and a consensus target price of $41.47.

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.

Want to see what other hedge funds are holding UNFI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Natural Foods, Inc. (NASDAQ:UNFI).

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

Receive News & Ratings for United Natural Foods Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Natural Foods Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.