Capstone Asset Management Co. raised its stake in United Natural Foods, Inc. (NASDAQ:UNFI) by 6.4% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 9,419 shares of the company’s stock after buying an additional 570 shares during the period. Capstone Asset Management Co.’s holdings in United Natural Foods were worth $346,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the company. Flinton Capital Management LLC boosted its stake in shares of United Natural Foods by 9.5% in the first quarter. Flinton Capital Management LLC now owns 2,912 shares of the company’s stock valued at $126,000 after buying an additional 252 shares in the last quarter. Neuburgh Advisers LLC boosted its stake in shares of United Natural Foods by 9.5% in the first quarter. Neuburgh Advisers LLC now owns 3,536 shares of the company’s stock valued at $153,000 after buying an additional 306 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of 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 valued at $154,000 after buying an additional 548 shares in the last quarter. Bell Bank boosted its stake in shares of United Natural Foods by 6.2% in the first quarter. Bell Bank now owns 5,381 shares of the company’s stock valued at $233,000 after buying an additional 315 shares in the last quarter. Finally, Reliance Trust Co. of Delaware acquired a new stake in shares of United Natural Foods during the first quarter valued at approximately $242,000. Institutional investors own 98.62% of the company’s stock.

United Natural Foods, Inc. (NASDAQ UNFI) traded down 0.49% during trading on Thursday, hitting $36.23. 48,216 shares of the company traded hands. The stock has a 50 day moving average price of $36.47 and a 200 day moving average price of $40.99. United Natural Foods, Inc. has a 12-month low of $29.53 and a 12-month high of $50.15. The company has a market capitalization of $1.83 billion, a P/E ratio of 14.55 and a beta of 1.39.

United Natural Foods (NASDAQ:UNFI) last posted its earnings results on Tuesday, June 6th. The company reported $0.77 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.76 by $0.01. The business had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.42 billion. United Natural Foods had a return on equity of 8.21% and a net margin of 1.38%. The company’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.76 EPS. On average, equities analysts anticipate that United Natural Foods, Inc. will post $2.55 earnings per share for the current year.

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UNFI has been the subject of a number of analyst reports. Citigroup Inc. restated a “buy” rating and set a $49.00 price objective (down previously from $54.00) on shares of United Natural Foods in a report on Saturday, April 22nd. Loop Capital initiated coverage on shares of United Natural Foods in a report on Monday, May 15th. They set a “buy” rating and a $48.00 price objective for the company. Deutsche Bank AG decreased their price objective on shares of United Natural Foods from $46.00 to $43.00 and set a “hold” rating for the company in a report on Wednesday, June 7th. ValuEngine lowered shares of United Natural Foods from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $34.00 price target on shares of United Natural Foods in a research note on Wednesday, May 31st. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $40.86.

About United Natural Foods

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.

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

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