New York State Teachers Retirement System Sells 1,200 Shares of United Natural Foods, Inc. (NYSE:UNFI)

New York State Teachers Retirement System lessened its holdings in United Natural Foods, Inc. (NYSE:UNFI) by 1.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 78,716 shares of the company’s stock after selling 1,200 shares during the period. New York State Teachers Retirement System owned approximately 0.13% of United Natural Foods worth $1,324,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. nVerses Capital LLC bought a new position in United Natural Foods during the second quarter valued at $28,000. CWM LLC increased its position in United Natural Foods by 661.8% during the second quarter. CWM LLC now owns 3,314 shares of the company’s stock valued at $43,000 after acquiring an additional 2,879 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in United Natural Foods during the first quarter valued at $38,000. Allspring Global Investments Holdings LLC increased its position in United Natural Foods by 317.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 3,634 shares of the company’s stock valued at $42,000 after acquiring an additional 2,763 shares during the last quarter. Finally, EMC Capital Management increased its position in United Natural Foods by 39.6% during the first quarter. EMC Capital Management now owns 6,430 shares of the company’s stock valued at $74,000 after acquiring an additional 1,824 shares during the last quarter. Institutional investors own 87.63% of the company’s stock.

Analyst Ratings Changes

UNFI has been the subject of a number of recent analyst reports. UBS Group boosted their target price on shares of United Natural Foods from $16.00 to $21.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. BMO Capital Markets boosted their target price on shares of United Natural Foods from $14.00 to $23.00 and gave the company a “market perform” rating in a research note on Wednesday, October 2nd. The Goldman Sachs Group boosted their target price on shares of United Natural Foods from $15.00 to $22.00 and gave the company a “neutral” rating in a research note on Monday, October 7th. Finally, Northcoast Research raised shares of United Natural Foods from a “neutral” rating to a “buy” rating in a research note on Friday, October 11th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, United Natural Foods presently has a consensus rating of “Hold” and an average target price of $18.40.

Insider Buying and Selling

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

United Natural Foods Stock Up 0.6 %

NYSE:UNFI opened at $21.44 on Friday. United Natural Foods, Inc. has a 1-year low of $8.58 and a 1-year high of $23.15. The company has a 50-day moving average of $18.59 and a 200 day moving average of $14.71. The firm has a market cap of $1.28 billion, a PE ratio of -11.34 and a beta of 0.62. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.44 and a quick ratio of 0.52.

United Natural Foods (NYSE:UNFI) last released its quarterly earnings data on Tuesday, October 1st. The company reported $0.01 earnings per share for the quarter, topping 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 company had revenue of $8.16 billion during the quarter, compared to analyst estimates of $7.94 billion. During the same period in the prior year, the firm earned ($0.25) earnings per share. The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. As a group, research analysts anticipate that United Natural Foods, Inc. will post 0.64 EPS 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.