Blue Trust Inc. Has $87,000 Position in United Natural Foods, Inc. (NYSE:UNFI)

Blue Trust Inc. boosted its holdings in United Natural Foods, Inc. (NYSE:UNFI) by 200.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,191 shares of the company’s stock after purchasing an additional 2,128 shares during the quarter. Blue Trust Inc.’s holdings in United Natural Foods were worth $87,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Creative Planning boosted its holdings in United Natural Foods by 7.6% during the 3rd quarter. Creative Planning now owns 13,506 shares of the company’s stock worth $227,000 after acquiring an additional 953 shares during the last quarter. Ballentine Partners LLC grew its stake in shares of United Natural Foods by 18.6% in the 3rd quarter. Ballentine Partners LLC now owns 15,008 shares of the company’s stock worth $252,000 after acquiring an additional 2,350 shares in the last quarter. Wolverine Asset Management LLC grew its stake in shares of United Natural Foods by 46.3% in the 3rd quarter. Wolverine Asset Management LLC now owns 15,800 shares of the company’s stock worth $266,000 after acquiring an additional 5,000 shares in the last quarter. Empowered Funds LLC grew its stake in shares of United Natural Foods by 5.4% in the 3rd quarter. Empowered Funds LLC now owns 194,772 shares of the company’s stock worth $3,276,000 after acquiring an additional 9,916 shares in the last quarter. Finally, Quest Partners LLC bought a new stake in shares of United Natural Foods in the 3rd quarter worth $157,000. Institutional investors and hedge funds own 87.63% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on UNFI shares. BMO Capital Markets upped their target price on shares of United Natural Foods from $23.00 to $32.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 11th. Roth Mkm upped their target price on shares of United Natural Foods from $20.00 to $26.00 and gave the stock a “neutral” rating in a research note on Thursday, December 12th. The Goldman Sachs Group upped their target price on shares of United Natural Foods from $25.00 to $28.00 and gave the stock a “neutral” rating in a research note on Thursday, February 13th. Guggenheim restated a “neutral” rating on shares of United Natural Foods in a research report on Thursday, December 12th. Finally, Wells Fargo & Company increased their price target on shares of United Natural Foods from $23.00 to $25.00 and gave the company an “underweight” rating in a research report on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. According to MarketBeat.com, United Natural Foods has an average rating of “Hold” and an average target price of $26.40.

United Natural Foods Trading Down 1.9 %

Shares of United Natural Foods stock opened at $31.68 on Friday. United Natural Foods, Inc. has a 12-month low of $8.58 and a 12-month high of $34.76. The company has a market cap of $1.90 billion, a price-to-earnings ratio of -20.18 and a beta of 0.62. The company has a current ratio of 1.48, a quick ratio of 0.53 and a debt-to-equity ratio of 1.39. The company’s 50-day moving average price is $29.08 and its 200-day moving average price is $22.60.

United Natural Foods (NYSE:UNFI) last announced its quarterly earnings results on Tuesday, December 10th. The company reported $0.16 earnings per share (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 firm had revenue of $7.90 billion for the quarter, compared to the consensus estimate of $7.61 billion. During the same period in the prior year, the firm posted ($0.04) earnings per share. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. On average, equities analysts expect that United Natural Foods, Inc. will post 0.76 earnings per share for the current fiscal year.

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.