United Natural Foods Inc. (NASDAQ:UNFI) shares traded up 4.8% during trading on Monday . The stock traded as high as $52.18 and last traded at $51.26, with a volume of 698,697 shares. The stock had previously closed at $48.89.

Several research analysts recently commented on the company. Zacks Investment Research raised United Natural Foods from a “strong sell” rating to a “hold” rating in a research report on Monday, May 2nd. Deutsche Bank AG reaffirmed a “hold” rating on shares of United Natural Foods in a research report on Saturday, June 4th. Vetr cut United Natural Foods from a “buy” rating to a “hold” rating and set a $37.14 target price for the company. in a research report on Monday, May 30th. Morgan Stanley reaffirmed a “sell” rating on shares of United Natural Foods in a research report on Monday, June 6th. Finally, Oppenheimer Holdings Inc. reaffirmed a “hold” rating on shares of United Natural Foods in a research report on Tuesday, June 7th. Five equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $46.10.

The company has a market capitalization of $2.56 billion and a P/E ratio of 20.06. The stock has a 50-day moving average of $46.34 and a 200-day moving average of $39.00.

United Natural Foods (NASDAQ:UNFI) last released its earnings results on Monday, June 6th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.10. During the same period last year, the company posted $0.83 earnings per share. The company had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.16 billion. The business’s revenue for the quarter was up .8% compared to the same quarter last year. Equities research analysts predict that United Natural Foods Inc. will post $2.51 earnings per share for the current fiscal year.

Several hedge funds have made changes to their positions in UNFI. BHF Kleinwort Benson Group S.A. increased its stake in shares of United Natural Foods by 71.8% in the fourth quarter. BHF Kleinwort Benson Group S.A. now owns 28,012 shares of the company’s stock valued at $1,103,000 after buying an additional 11,707 shares in the last quarter. Liberty Mutual Group Asset Management Inc. increased its stake in shares of United Natural Foods by 51.6% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 32,274 shares of the company’s stock valued at $1,271,000 after buying an additional 10,980 shares in the last quarter. Mutual of America Capital Management LLC increased its stake in shares of United Natural Foods by 1.7% in the fourth quarter. Mutual of America Capital Management LLC now owns 33,961 shares of the company’s stock valued at $1,337,000 after buying an additional 570 shares in the last quarter. State Board of Administration of Florida Retirement System increased its stake in shares of United Natural Foods by 14.5% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 41,135 shares of the company’s stock valued at $1,619,000 after buying an additional 5,200 shares in the last quarter. Finally, Philadelphia Trust Co. acquired a new stake in shares of United Natural Foods during the fourth quarter valued at $1,884,000.

United Natural Foods, Inc is a distributor of natural, organic and specialty foods and non-food products in the United States and Canada. It offers products, in six product categories: grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and food service products and personal care items.

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