Federated Investors Inc. PA decreased its holdings in United Natural Foods, Inc. (NASDAQ:UNFI) by 6.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 26,737 shares of the company’s stock after selling 1,748 shares during the quarter. Federated Investors Inc. PA owned 0.05% of United Natural Foods worth $981,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. BlackRock Inc. raised its stake in shares of United Natural Foods by 16,599.3% in the 1st quarter. BlackRock Inc. now owns 5,252,416 shares of the company’s stock valued at $227,062,000 after buying an additional 5,220,963 shares in the last quarter. Jennison Associates LLC acquired a new position in shares of United Natural Foods in the 2nd quarter valued at $716,000. Peregrine Capital Management LLC raised its stake in shares of United Natural Foods by 2.0% in the 2nd quarter. Peregrine Capital Management LLC now owns 144,481 shares of the company’s stock valued at $5,302,000 after buying an additional 2,881 shares in the last quarter. Paloma Partners Management Co raised its stake in shares of United Natural Foods by 26.4% in the 1st quarter. Paloma Partners Management Co now owns 40,305 shares of the company’s stock valued at $1,743,000 after buying an additional 8,427 shares in the last quarter. Finally, Shelton Capital Management raised its stake in shares of United Natural Foods by 64.3% in the 1st quarter. Shelton Capital Management now owns 44,000 shares of the company’s stock valued at $1,902,000 after buying an additional 17,221 shares in the last quarter.

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Several research firms have recently weighed in on UNFI. Wells Fargo & Company reaffirmed a “hold” rating on shares of United Natural Foods in a report on Tuesday, June 6th. Loop Capital reaffirmed a “buy” rating and issued a $44.00 target price (down previously from $48.00) on shares of United Natural Foods in a report on Monday, June 26th. Barclays PLC reaffirmed a “sell” rating and issued a $37.00 target price on shares of United Natural Foods in a report on Thursday, June 8th. Zacks Investment Research raised shares of United Natural Foods from a “sell” rating to a “hold” rating in a report on Thursday, June 8th. Finally, Royal Bank Of Canada set a $34.00 target price on shares of United Natural Foods and gave the stock a “hold” rating in a report on Sunday, July 16th. Five investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $42.56.

Shares of United Natural Foods, Inc. (UNFI) opened at 39.74 on Friday. The company has a market cap of $2.01 billion, a price-to-earnings ratio of 15.96 and a beta of 1.39. United Natural Foods, Inc. has a one year low of $29.53 and a one year high of $49.74. The firm’s 50-day moving average is $36.13 and its 200-day moving average is $39.19.

United Natural Foods (NASDAQ:UNFI) last issued its earnings results on Wednesday, September 13th. The company reported $0.72 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.70 by $0.02. The firm had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.36 billion. United Natural Foods had a return on equity of 8.10% and a net margin of 1.40%. The business’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.70 earnings per share. Analysts expect that United Natural Foods, Inc. will post $2.69 EPS for the current fiscal year.

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.

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

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