United Natural Foods, Inc. $UNFI Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC lifted its position in United Natural Foods, Inc. (NYSE:UNFIFree Report) by 12,660.4% in the fourth quarter, HoldingsChannel reports. The firm owned 678,979 shares of the company’s stock after buying an additional 673,658 shares during the period. SG Americas Securities LLC’s holdings in United Natural Foods were worth $22,861,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UNFI. Arrowstreet Capital Limited Partnership raised its stake in United Natural Foods by 196.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 925,927 shares of the company’s stock worth $21,583,000 after purchasing an additional 613,790 shares during the period. Victory Capital Management Inc. grew its stake in shares of United Natural Foods by 721.3% in the 3rd quarter. Victory Capital Management Inc. now owns 615,889 shares of the company’s stock valued at $23,170,000 after buying an additional 540,897 shares during the period. Invesco Ltd. increased its holdings in shares of United Natural Foods by 20.7% during the 2nd quarter. Invesco Ltd. now owns 2,544,315 shares of the company’s stock worth $59,308,000 after buying an additional 436,680 shares during the last quarter. Towle & Co. acquired a new stake in shares of United Natural Foods during the 3rd quarter worth approximately $13,724,000. Finally, American Century Companies Inc. raised its position in shares of United Natural Foods by 7.0% during the 2nd quarter. American Century Companies Inc. now owns 2,603,588 shares of the company’s stock valued at $60,690,000 after buying an additional 169,640 shares during the period. 87.63% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at United Natural Foods

In other news, Director James C. Pappas purchased 15,000 shares of the stock in a transaction dated Friday, January 2nd. The stock was acquired at an average cost of $33.76 per share, for a total transaction of $506,400.00. Following the completion of the transaction, the director directly owned 192,178 shares in the company, valued at approximately $6,487,929.28. This represents a 8.47% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 2.40% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on UNFI. UBS Group upped their price objective on United Natural Foods from $42.00 to $44.00 and gave the company a “neutral” rating in a report on Wednesday, March 11th. Wall Street Zen raised United Natural Foods from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Wells Fargo & Company upgraded United Natural Foods from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $40.00 to $56.00 in a research report on Thursday. BMO Capital Markets upped their price target on United Natural Foods from $48.00 to $52.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Finally, Zacks Research cut United Natural Foods from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $43.63.

Check Out Our Latest Analysis on UNFI

United Natural Foods Stock Performance

Shares of UNFI stock opened at $45.26 on Friday. The firm’s 50 day moving average price is $38.78 and its 200-day moving average price is $36.61. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.52 and a current ratio of 1.33. United Natural Foods, Inc. has a one year low of $20.78 and a one year high of $47.59. The firm has a market cap of $2.75 billion, a P/E ratio of -34.81 and a beta of 1.00.

United Natural Foods (NYSE:UNFIGet Free Report) last posted its earnings results on Tuesday, March 10th. The company reported $0.62 earnings per share 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 negative net margin of 0.25% and a positive return on equity of 6.05%. The firm’s revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.22 EPS. United Natural Foods has set its FY 2026 guidance at 2.300-2.700 EPS. As a group, equities research analysts predict that United Natural Foods, Inc. will post 0.76 EPS for the current year.

United Natural Foods Profile

(Free Report)

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.

Further Reading

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

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