Diversified Trust Co Grows Holdings in United Natural Foods, Inc. (NYSE:UNFI)

Diversified Trust Co raised its position in United Natural Foods, Inc. (NYSE:UNFI) by 6.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 93,537 shares of the company’s stock after buying an additional 5,516 shares during the period. Diversified Trust Co owned approximately 0.16% of United Natural Foods worth $1,075,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of UNFI. Charles Schwab Investment Management Inc. boosted its holdings in United Natural Foods by 18.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 745,628 shares of the company’s stock valued at $12,102,000 after purchasing an additional 115,308 shares during the last quarter. Vanguard Group Inc. grew its position in shares of United Natural Foods by 3.9% during the third quarter. Vanguard Group Inc. now owns 7,434,767 shares of the company’s stock worth $105,128,000 after buying an additional 277,636 shares in the last quarter. Invenomic Capital Management LP bought a new stake in shares of United Natural Foods in the fourth quarter worth $1,497,000. Nordea Investment Management AB raised its holdings in United Natural Foods by 24.7% in the fourth quarter. Nordea Investment Management AB now owns 136,489 shares of the company’s stock valued at $2,221,000 after acquiring an additional 27,005 shares in the last quarter. Finally, Jump Financial LLC acquired a new stake in United Natural Foods in the fourth quarter valued at $227,000. 87.63% of the stock is currently owned by institutional investors and hedge funds.

United Natural Foods Trading Down 2.3 %

Shares of UNFI stock opened at $12.80 on Tuesday. United Natural Foods, Inc. has a 1 year low of $8.58 and a 1 year high of $21.28. The stock has a fifty day moving average of $11.70 and a two-hundred day moving average of $13.18. The company has a current ratio of 1.51, a quick ratio of 0.55 and a debt-to-equity ratio of 1.28.

United Natural Foods (NYSE:UNFI) last posted its quarterly earnings data on Wednesday, June 5th. The company reported $0.10 earnings per share for the quarter, hitting the consensus estimate of $0.10. The business had revenue of $7.50 billion during the quarter, compared to the consensus estimate of $7.51 billion. United Natural Foods had a negative net margin of 0.47% and a negative return on equity of 0.35%. The company’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.54 earnings per share. Equities analysts forecast that United Natural Foods, Inc. will post 0.06 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Wells Fargo & Company dropped their target price on shares of United Natural Foods from $15.00 to $12.00 and set an “underweight” rating for the company in a research report on Thursday, March 7th. Roth Mkm boosted their price objective on United Natural Foods from $13.00 to $14.00 and gave the company a “neutral” rating in a report on Thursday, June 6th. UBS Group increased their target price on United Natural Foods from $14.00 to $16.00 and gave the stock a “neutral” rating in a report on Thursday, June 6th. Finally, StockNews.com raised shares of United Natural Foods from a “sell” rating to a “hold” rating in a report on Thursday, June 13th. One analyst has rated the stock with a sell rating and five have given a hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $13.60.

About United Natural Foods

United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.