UBS Group AG decreased its position in shares of United Natural Foods, Inc. (NASDAQ:UNFI) by 30.1% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 15,301 shares of the company’s stock after selling 6,589 shares during the period. UBS Group AG’s holdings in United Natural Foods were worth $662,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Flinton Capital Management LLC boosted its position in United Natural Foods by 9.5% in the first quarter. Flinton Capital Management LLC now owns 2,912 shares of the company’s stock worth $126,000 after buying an additional 252 shares during the period. Neuburgh Advisers LLC boosted its position in United Natural Foods by 9.5% in the first quarter. Neuburgh Advisers LLC now owns 3,536 shares of the company’s stock worth $153,000 after buying an additional 306 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in United Natural Foods by 18.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,550 shares of the company’s stock worth $154,000 after buying an additional 548 shares during the period. Bell Bank boosted its position in United Natural Foods by 6.2% in the first quarter. Bell Bank now owns 5,381 shares of the company’s stock worth $233,000 after buying an additional 315 shares during the period. Finally, Reliance Trust Co. of Delaware purchased a new position in United Natural Foods during the first quarter worth $242,000. Institutional investors own 98.62% of the company’s stock.

Shares of United Natural Foods, Inc. (NASDAQ UNFI) opened at 36.74 on Tuesday. United Natural Foods, Inc. has a 12 month low of $29.53 and a 12 month high of $51.37. The stock has a market capitalization of $1.86 billion, a PE ratio of 14.76 and a beta of 1.38. The stock’s 50 day moving average is $37.07 and its 200 day moving average is $41.77.

United Natural Foods (NASDAQ:UNFI) last posted its quarterly earnings results on Tuesday, June 6th. The company reported $0.77 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.76 by $0.01. The firm had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.42 billion. United Natural Foods had a net margin of 1.38% and a return on equity of 8.21%. The company’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period last year, the firm posted $0.76 earnings per share. Analysts anticipate that United Natural Foods, Inc. will post $2.55 earnings per share for the current fiscal year.

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A number of research analysts recently weighed in on the stock. Royal Bank Of Canada set a $34.00 target price on shares of United Natural Foods and gave the company a “hold” rating in a research note on Sunday, July 16th. BMO Capital Markets lowered their target price on shares of United Natural Foods from $45.00 to $42.00 and set a “market perform” rating on the stock in a research note on Friday, June 9th. Zacks Investment Research upgraded shares of United Natural Foods from a “sell” rating to a “hold” rating in a research note on Monday, April 24th. BidaskClub upgraded shares of United Natural Foods from a “sell” rating to a “hold” rating in a research note on Saturday, July 1st. Finally, Jefferies Group LLC set a $44.00 target price on shares of United Natural Foods and gave the company a “hold” rating in a research note on Friday, May 26th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and three have assigned a buy rating to the company’s stock. United Natural Foods currently has an average rating of “Hold” and an average target price of $40.86.

United Natural Foods Company Profile

United Natural Foods, Inc is a distributor and retailer of natural, organic and specialty products. The Company’s segments include Wholesale and Other. The Wholesale segment is engaged in the national distribution of natural, organic and specialty foods, produce and related products in the United States and Canada.

Institutional Ownership by Quarter for United Natural Foods (NASDAQ:UNFI)

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