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

Blue Trust Inc. increased its position in United Natural Foods, Inc. (NYSE:UNFI) by 200.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 3,191 shares of the company’s stock after purchasing an additional 2,128 shares during the period. Blue Trust Inc.’s holdings in United Natural Foods were worth $87,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Versant Capital Management Inc increased its stake in United Natural Foods by 66.5% in the 4th quarter. Versant Capital Management Inc now owns 931 shares of the company’s stock valued at $25,000 after buying an additional 372 shares during the period. GAMMA Investing LLC boosted its holdings in United Natural Foods by 46.0% in the fourth quarter. GAMMA Investing LLC now owns 2,027 shares of the company’s stock worth $55,000 after purchasing an additional 639 shares in the last quarter. nVerses Capital LLC boosted its holdings in United Natural Foods by 85.7% in the third quarter. nVerses Capital LLC now owns 3,900 shares of the company’s stock worth $66,000 after purchasing an additional 1,800 shares in the last quarter. Quest Partners LLC acquired a new position in United Natural Foods during the third quarter worth $157,000. Finally, Citizens Financial Group Inc. RI bought a new position in United Natural Foods during the third quarter valued at about $182,000. 87.63% of the stock is owned by hedge funds and other institutional investors.

United Natural Foods Stock Down 3.7 %

Shares of NYSE:UNFI opened at $29.73 on Friday. The company has a quick ratio of 0.53, a current ratio of 1.48 and a debt-to-equity ratio of 1.39. The firm has a market cap of $1.78 billion, a P/E ratio of -18.94 and a beta of 0.62. United Natural Foods, Inc. has a 12 month low of $8.58 and a 12 month high of $32.20. The company’s 50-day moving average price is $27.85 and its two-hundred day moving average price is $21.32.

United Natural Foods (NYSE:UNFI) last posted its quarterly earnings data on Tuesday, December 10th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.18. The firm had revenue of $7.90 billion during the quarter, compared to analysts’ expectations of $7.61 billion. United Natural Foods had a negative net margin of 0.30% and a positive return on equity of 1.27%. United Natural Foods’s revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.04) EPS. As a group, research analysts forecast that United Natural Foods, Inc. will post 0.76 EPS for the current fiscal year.

Wall Street Analyst Weigh In

UNFI has been the subject of a number of research analyst reports. Roth Mkm boosted 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 report on Thursday, December 12th. BMO Capital Markets lifted their target price on United Natural Foods from $23.00 to $32.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 11th. Guggenheim reaffirmed a “neutral” rating on shares of United Natural Foods in a report on Thursday, December 12th. Wells Fargo & Company upped their target price on shares of United Natural Foods from $23.00 to $25.00 and gave the company an “underweight” rating in a research note on Friday, January 10th. Finally, Northcoast Research raised 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, six have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, United Natural Foods presently has an average rating of “Hold” and a consensus price target of $25.20.

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.