GAMMA Investing LLC Has $55,000 Stock Position in United Natural Foods, Inc. (NYSE:UNFI)

GAMMA Investing LLC lifted its holdings in United Natural Foods, Inc. (NYSE:UNFI) by 46.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,027 shares of the company’s stock after acquiring an additional 639 shares during the quarter. GAMMA Investing LLC’s holdings in United Natural Foods were worth $55,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Versant Capital Management Inc boosted its holdings in shares of United Natural Foods by 66.5% in the 4th quarter. Versant Capital Management Inc now owns 931 shares of the company’s stock worth $25,000 after acquiring an additional 372 shares in the last quarter. nVerses Capital LLC lifted its holdings in United Natural Foods by 85.7% during the 3rd quarter. nVerses Capital LLC now owns 3,900 shares of the company’s stock worth $66,000 after buying an additional 1,800 shares in the last quarter. Canada Pension Plan Investment Board acquired a new position in United Natural Foods during the 2nd quarter worth $94,000. Quest Partners LLC acquired a new position in United Natural Foods during the 3rd quarter worth $157,000. Finally, Citizens Financial Group Inc. RI acquired a new position in United Natural Foods during the 3rd quarter worth $182,000. 87.63% of the stock is owned by institutional investors and hedge funds.

Insider Activity at United Natural Foods

In related news, insider Danielle Benedict sold 9,050 shares of the firm’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $22.10, for a total value of $200,005.00. Following the completion of the sale, the insider now directly owns 88,218 shares in the company, valued at approximately $1,949,617.80. This trade represents a 9.30 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 2.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

UNFI has been the subject of several recent research reports. Roth Mkm upped their target price on shares of United Natural Foods from $20.00 to $26.00 and gave the company a “neutral” rating in a research report on Thursday, December 12th. The Goldman Sachs Group upped their target price on shares of United Natural Foods from $15.00 to $22.00 and gave the stock a “neutral” rating in a research note on Monday, October 7th. UBS Group upped their target price on shares of United Natural Foods from $16.00 to $21.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. Wells Fargo & Company upped their target price on shares of United Natural Foods from $23.00 to $25.00 and gave the stock an “underweight” rating in a research note on Friday. Finally, Guggenheim reaffirmed a “neutral” rating on shares of United Natural Foods in a research note on Thursday, December 12th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $25.20.

United Natural Foods Trading Down 5.5 %

United Natural Foods stock opened at $27.26 on Monday. The firm has a 50-day moving average of $25.18 and a 200-day moving average of $19.16. United Natural Foods, Inc. has a one year low of $8.58 and a one year high of $32.20. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.48 and a quick ratio of 0.52. The company has a market cap of $1.63 billion, a price-to-earnings ratio of -17.36 and a beta of 0.63.

United Natural Foods (NYSE:UNFI) last posted its quarterly earnings data on Tuesday, December 10th. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.18. United Natural Foods had a negative net margin of 0.30% and a positive return on equity of 1.27%. The company had revenue of $7.90 billion during the quarter, compared to the consensus estimate of $7.61 billion. During the same period in the prior year, the business posted ($0.04) EPS. The company’s quarterly revenue was up 4.6% on a year-over-year basis. On average, equities analysts expect that United Natural Foods, Inc. will post 0.72 earnings per share for the current fiscal year.

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.