Mutual of America Capital Management LLC Purchases New Holdings in United Natural Foods, Inc. (NYSE:UNFI)

Mutual of America Capital Management LLC bought a new position in shares of United Natural Foods, Inc. (NYSE:UNFI) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,074 shares of the company’s stock, valued at approximately $248,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Versant Capital Management Inc grew its holdings in United Natural Foods by 66.5% during the 4th quarter. Versant Capital Management Inc now owns 931 shares of the company’s stock worth $25,000 after acquiring an additional 372 shares during the period. GAMMA Investing LLC lifted its position in United Natural Foods by 46.0% in the 4th quarter. GAMMA Investing LLC now owns 2,027 shares of the company’s stock valued at $55,000 after acquiring an additional 639 shares in the last quarter. Blue Trust Inc. lifted its position in shares of United Natural Foods by 200.2% during the 4th quarter. Blue Trust Inc. now owns 3,191 shares of the company’s stock worth $87,000 after buying an additional 2,128 shares in the last quarter. Quest Partners LLC bought a new position in shares of United Natural Foods during the 3rd quarter worth approximately $157,000. Finally, Citizens Financial Group Inc. RI bought a new position in shares of United Natural Foods during the 3rd quarter worth approximately $182,000. 87.63% of the stock is currently owned by institutional investors.

United Natural Foods Stock Performance

Shares of NYSE UNFI opened at $25.73 on Tuesday. United Natural Foods, Inc. has a 52-week low of $8.58 and a 52-week high of $34.76. The company has a market cap of $1.54 billion, a P/E ratio of -16.39 and a beta of 0.56. The firm’s fifty day moving average is $29.69 and its two-hundred day moving average is $23.95. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.53 and a current ratio of 1.48.

United Natural Foods (NYSE:UNFI) last released its quarterly earnings results on Tuesday, December 10th. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates 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%. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.04) EPS. As a group, analysts anticipate that United Natural Foods, Inc. will post 0.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

UNFI has been the subject of several research analyst reports. Guggenheim restated a “neutral” rating on shares of United Natural Foods in a research note on Thursday, December 12th. BMO Capital Markets lifted their price objective on shares of United Natural Foods from $23.00 to $32.00 and gave the stock a “market perform” rating in a report on Wednesday, December 11th. Roth Mkm boosted their price target 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 boosted their price target 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. Finally, Wells Fargo & Company boosted their price objective 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 research analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $26.40.

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.