United Natural Foods, Inc. (NYSE:UNFI) Shares Acquired by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC grew its holdings in United Natural Foods, Inc. (NYSE:UNFI) by 12.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 162,402 shares of the company’s stock after purchasing an additional 18,400 shares during the period. Susquehanna Fundamental Investments LLC owned approximately 0.27% of United Natural Foods worth $2,127,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of UNFI. Private Management Group Inc. lifted its stake in shares of United Natural Foods by 49.5% in the 2nd quarter. Private Management Group Inc. now owns 1,773,670 shares of the company’s stock valued at $23,235,000 after purchasing an additional 587,163 shares during the last quarter. Vanguard Group Inc. lifted its stake in United Natural Foods by 4.4% during the 1st quarter. Vanguard Group Inc. now owns 7,587,059 shares of the company’s stock worth $87,175,000 after acquiring an additional 321,020 shares in the last quarter. American Century Companies Inc. lifted its stake in United Natural Foods by 23.1% during the 2nd quarter. American Century Companies Inc. now owns 1,267,280 shares of the company’s stock worth $16,601,000 after acquiring an additional 237,496 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new position in United Natural Foods during the 1st quarter worth about $2,317,000. Finally, Renaissance Technologies LLC lifted its stake in United Natural Foods by 86.6% during the 2nd quarter. Renaissance Technologies LLC now owns 264,176 shares of the company’s stock worth $3,461,000 after acquiring an additional 122,626 shares in the last quarter. Institutional investors and hedge funds own 87.63% of the company’s stock.

United Natural Foods Price Performance

Shares of NYSE UNFI opened at $16.85 on Tuesday. The stock’s 50-day moving average is $14.73 and its two-hundred day moving average is $12.72. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.51 and a quick ratio of 0.55. United Natural Foods, Inc. has a 1-year low of $8.58 and a 1-year high of $17.33. The company has a market cap of $1.00 billion, a price-to-earnings ratio of -6.99 and a beta of 0.64.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on UNFI. StockNews.com raised United Natural Foods from a “sell” rating to a “hold” rating in a research note on Thursday, June 13th. 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 research note on Thursday, June 6th. Finally, Roth Mkm increased their target price on United Natural Foods from $13.00 to $14.00 and gave the stock a “neutral” rating in a research note on Thursday, June 6th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $13.75.

United Natural Foods 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.