United Natural Foods, Inc. (NYSE:UNFI) Holdings Decreased by Diversified Trust Co

Diversified Trust Co lessened its stake in United Natural Foods, Inc. (NYSE:UNFI) by 17.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 78,407 shares of the company’s stock after selling 16,452 shares during the period. Diversified Trust Co owned 0.13% of United Natural Foods worth $1,319,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Van ECK Associates Corp boosted its holdings in shares of United Natural Foods by 12.2% in the second quarter. Van ECK Associates Corp now owns 6,584 shares of the company’s stock valued at $86,000 after acquiring an additional 716 shares in the last quarter. Keynote Financial Services LLC boosted its stake in United Natural Foods by 6.6% during the 2nd quarter. Keynote Financial Services LLC now owns 17,517 shares of the company’s stock valued at $229,000 after purchasing an additional 1,091 shares in the last quarter. SummerHaven Investment Management LLC increased its position in shares of United Natural Foods by 3.6% during the 2nd quarter. SummerHaven Investment Management LLC now owns 37,235 shares of the company’s stock valued at $488,000 after purchasing an additional 1,303 shares during the period. Nordea Investment Management AB raised its stake in shares of United Natural Foods by 1.1% in the 1st quarter. Nordea Investment Management AB now owns 138,049 shares of the company’s stock worth $1,632,000 after buying an additional 1,560 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp lifted its holdings in shares of United Natural Foods by 21.9% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,879 shares of the company’s stock valued at $99,000 after buying an additional 1,598 shares during the period. Institutional investors and hedge funds own 87.63% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on UNFI. The Goldman Sachs Group lifted their target price on United Natural Foods from $15.00 to $22.00 and gave the stock a “neutral” rating in a report on Monday. UBS Group boosted their target price on shares of United Natural Foods from $16.00 to $21.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. StockNews.com upgraded shares of United Natural Foods from a “sell” rating to a “hold” rating in a report on Thursday, June 13th. Finally, BMO Capital Markets lifted their price target on shares of United Natural Foods from $14.00 to $23.00 and gave the stock a “market perform” rating in a research report on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $18.40.

United Natural Foods Price Performance

NYSE UNFI opened at $19.85 on Wednesday. The company has a current ratio of 1.44, a quick ratio of 0.52 and a debt-to-equity ratio of 1.28. United Natural Foods, Inc. has a 1 year low of $8.58 and a 1 year high of $23.15. The company has a market cap of $1.18 billion, a PE ratio of -8.24 and a beta of 0.63. The stock’s 50-day moving average price is $15.35 and its two-hundred day moving average price is $13.07.

United Natural Foods (NYSE:UNFI) last released its quarterly earnings results on Tuesday, October 1st. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.09. United Natural Foods had a negative net margin of 0.36% and a positive return on equity of 0.54%. The business had revenue of $8.16 billion for the quarter, compared to analyst estimates of $7.94 billion. During the same quarter in the previous year, the business earned ($0.25) earnings per share. The firm’s revenue was up 10.0% compared to the same quarter last year. On average, analysts predict that United Natural Foods, Inc. will post 0.65 EPS for the current year.

Insider Transactions at United Natural Foods

In other news, insider Danielle Benedict sold 15,152 shares of United Natural Foods stock in a transaction on Friday, October 4th. The stock was sold at an average price of $19.78, for a total transaction of $299,706.56. Following the transaction, the insider now owns 100,423 shares in the company, valued at approximately $1,986,366.94. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.10% of the stock is currently owned by insiders.

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.