2 weeks Ago By ABMN Staff
Alliancebernstein L.P. cut its stake in United Natural Foods, Inc.
( NYSE:UNFI – Free Report ) by 0.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 66,268 shares of the company’s stock after selling 457 shares during the period.
Alliancebernstein L.P.’s holdings in United Natural Foods were worth $1,810,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Virtu Financial LLC bought a new position in United Natural Foods during the 4th quarter worth about $324,000. Amundi lifted its holdings in United Natural Foods by 368.
8% during the fourth quarter. Amundi now owns 62,830 shares of the company’s stock worth $1,813,000 after buying an additional 49,427 shares during the period. State Street Corp boosted its position in United Natural Foods by 1.
5% during the 3rd quarter. State Street Corp now owns 2,383,733 shares of the company’s stock valued at $40,094,000 after acquiring an additional 34,522 shares in the last quarter. JPMorgan Chase & Co.
increased its holdings in shares of United Natural Foods by 118.1% in the 3rd quarter. JPMorgan Chase & Co.
now owns 177,937 shares of the company’s stock valued at $2,993,000 after acquiring an additional 96,341 shares during the period. Finally, Brighton Jones LLC bought a new position in shares of United Natural Foods in the 4th quarter worth $656,000. Hedge funds and other institutional investors own 87.
63% of the company’s stock. United Natural Foods Stock Performance Shares of UNFI opened at $24.63 on Friday.
The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.53 and a current ratio of 1.
48. The stock has a 50-day moving average of $27.85 and a two-hundred day moving average of $25.
91. The stock has a market cap of $1.49 billion, a P/E ratio of -15.
69 and a beta of 1.08. United Natural Foods, Inc.
has a one year low of $8.58 and a one year high of $34.76.
Analysts Set New Price Targets UNFI has been the topic of several analyst reports. Wells Fargo & Company lifted their target price on United Natural Foods from $23.00 to $25.
00 and gave the company an “underweight” rating in a research note on Friday, January 10th. CL King raised shares of United Natural Foods from a “neutral” rating to a “buy” rating and set a $33.00 price objective on the stock in a research report on Wednesday, March 12th.
StockNews.com raised shares of United Natural Foods from a “hold” rating to a “buy” rating in a research report on Tuesday. Finally, The Goldman Sachs Group lifted their price target on shares of United Natural Foods from $25.
00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, February 13th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock.
According to data from MarketBeat, United Natural Foods currently has an average rating of “Hold” and an average price target of $27.50. Read Our Latest Report on United Natural Foods About United Natural Foods ( Free Report ) United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada.
It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products. Further Reading Want to see what other hedge funds are holding UNFI? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for United Natural Foods, Inc. ( NYSE:UNFI – Free Report ). Receive News & Ratings for United Natural Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Natural Foods and related companies with MarketBeat.
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