Shares of United Natural Foods Inc. (NASDAQ:UNFI) saw unusually-strong trading volume on Tuesday . Approximately 802,977 shares were traded during mid-day trading, an increase of 55% from the previous session’s volume of 519,188 shares.The stock last traded at $48.97 and had previously closed at $50.06.

Several equities analysts have recently weighed in on UNFI shares. Vetr lowered shares of United Natural Foods from a “strong-buy” rating to a “buy” rating and set a $37.14 price objective on the stock. in a research report on Monday, May 23rd. Zacks Investment Research lowered shares of United Natural Foods from a “buy” rating to a “hold” rating in a research report on Thursday, June 2nd. Jefferies Group reaffirmed a “hold” rating and set a $42.00 price target (up from $34.00) on shares of United Natural Foods in a research report on Tuesday, June 7th. Morgan Stanley reaffirmed a “sell” rating on shares of United Natural Foods in a research report on Monday, June 6th. Finally, Piper Jaffray Cos. reaffirmed a “neutral” rating and set a $40.00 price target (up from $33.00) on shares of United Natural Foods in a research report on Tuesday, June 7th. Five research analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have issued a buy rating to the stock. United Natural Foods currently has a consensus rating of “Hold” and a consensus price target of $46.10.

The company has a 50 day moving average of $48.53 and a 200-day moving average of $40.42. The firm has a market cap of $2.43 billion and a price-to-earnings ratio of 19.05.

United Natural Foods (NASDAQ:UNFI) last announced its quarterly earnings data on Monday, June 6th. The company reported $0.76 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.66 by $0.10. During the same quarter in the prior year, the firm posted $0.83 earnings per share. The firm earned $2.13 billion during the quarter, compared to the consensus estimate of $2.16 billion. The company’s revenue was up .8% on a year-over-year basis. Analysts predict that United Natural Foods Inc. will post $2.51 earnings per share for the current year.

Other large investors recently made changes to their positions in the company. Mutual of America Capital Management LLC boosted 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. Morgan Stanley boosted its stake in shares of United Natural Foods by 175.0% in the fourth quarter. Morgan Stanley now owns 343,923 shares of the company’s stock valued at $13,538,000 after buying an additional 218,859 shares in the last quarter. Farr Miller & Washington LLC DC boosted its stake in shares of United Natural Foods by 94.1% in the fourth quarter. Farr Miller & Washington LLC DC now owns 414,163 shares of the company’s stock valued at $16,301,000 after buying an additional 200,836 shares in the last quarter. River Road Asset Management LLC bought a new stake in shares of United Natural Foods during the fourth quarter valued at $16,578,000. Finally, Jennison Associates LLC boosted its stake in shares of United Natural Foods by 259.1% in the fourth quarter. Jennison Associates LLC now owns 1,100,676 shares of the company’s stock valued at $43,323,000 after buying an additional 794,164 shares in the last quarter.

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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