Texas Permanent School Fund Corp Grows Position in United Natural Foods, Inc. (NYSE:UNFI)

Texas Permanent School Fund Corp grew its holdings in United Natural Foods, Inc. (NYSE:UNFI) by 27.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 65,857 shares of the company’s stock after buying an additional 14,140 shares during the period. Texas Permanent School Fund Corp owned 0.11% of United Natural Foods worth $863,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. nVerses Capital LLC acquired a new stake in United Natural Foods in the 2nd quarter valued at about $28,000. Quest Partners LLC acquired a new stake in shares of United Natural Foods in the fourth quarter valued at approximately $35,000. Public Employees Retirement System of Ohio purchased a new position in United Natural Foods during the first quarter worth approximately $38,000. Fidelis Capital Partners LLC acquired a new position in United Natural Foods during the first quarter worth $42,000. Finally, Allspring Global Investments Holdings LLC grew its holdings in United Natural Foods by 317.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,634 shares of the company’s stock valued at $42,000 after buying an additional 2,763 shares in the last quarter. 87.63% of the stock is currently owned by institutional investors and hedge funds.

United Natural Foods Trading Up 3.0 %

NYSE UNFI opened at $16.28 on Friday. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.51 and a quick ratio of 0.55. The stock has a market capitalization of $968.17 million, a P/E ratio of -6.80 and a beta of 0.64. The firm’s 50-day moving average is $14.31 and its two-hundred day moving average is $12.52. United Natural Foods, Inc. has a 12 month low of $8.58 and a 12 month high of $19.93.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on UNFI. UBS Group boosted their price target on shares of United Natural Foods from $14.00 to $16.00 and gave the company a “neutral” rating in a research report on Thursday, June 6th. StockNews.com upgraded shares of United Natural Foods from a “sell” rating to a “hold” rating in a report on Thursday, June 13th. Finally, Roth Mkm raised their price target on shares of United Natural Foods from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Thursday, June 6th. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $13.60.

United Natural Foods Company Profile

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.