United Natural Foods, Inc. (NYSE:UNFI) Shares Sold by Lombard Odier Asset Management USA Corp

Lombard Odier Asset Management USA Corp decreased its holdings in shares of United Natural Foods, Inc. (NYSE:UNFI) by 10.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 45,923 shares of the company’s stock after selling 5,077 shares during the period. Lombard Odier Asset Management USA Corp owned approximately 0.08% of United Natural Foods worth $602,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. nVerses Capital LLC bought a new position in shares of United Natural Foods in the second quarter valued at $28,000. Quest Partners LLC purchased a new stake in shares of United Natural Foods during the fourth quarter valued at $35,000. CWM LLC boosted its position in shares of United Natural Foods by 661.8% in the 2nd quarter. CWM LLC now owns 3,314 shares of the company’s stock valued at $43,000 after purchasing an additional 2,879 shares during the period. Public Employees Retirement System of Ohio purchased a new position in United Natural Foods in the 1st quarter worth about $38,000. Finally, Allspring Global Investments Holdings LLC raised its holdings in United Natural Foods by 317.2% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,634 shares of the company’s stock worth $42,000 after buying an additional 2,763 shares during the period. Institutional investors and hedge funds own 87.63% of the company’s stock.

United Natural Foods Trading Up 3.0 %

Shares of NYSE:UNFI opened at $16.28 on Monday. The firm has a fifty day moving average of $14.38 and a two-hundred day moving average of $12.51. The company has a quick ratio of 0.55, a current ratio of 1.51 and a debt-to-equity ratio of 1.28. United Natural Foods, Inc. has a 12-month low of $8.58 and a 12-month high of $19.93. The firm has a market capitalization of $968.17 million, a P/E ratio of -6.76 and a beta of 0.64.

Analyst Ratings Changes

Several research analysts have recently weighed in on UNFI shares. Roth Mkm lifted their target price on shares of United Natural Foods from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, June 6th. UBS Group boosted their target price on shares of United Natural Foods from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Thursday, June 6th. Finally, StockNews.com raised United Natural Foods from a “sell” rating to a “hold” rating in a research report on Thursday, June 13th. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. According to MarketBeat.com, United Natural Foods currently has a consensus rating of “Hold” and a consensus price target 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.