United Natural Foods, Inc. (NYSE:UNFI) Shares Sold by Investors Research Corp

Investors Research Corp trimmed its position in United Natural Foods, Inc. (NYSE:UNFI) by 39.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,150 shares of the company’s stock after selling 1,400 shares during the quarter. Investors Research Corp’s holdings in United Natural Foods were worth $35,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Zions Bancorporation N.A. boosted its holdings in United Natural Foods by 7.2% in the 1st quarter. Zions Bancorporation N.A. now owns 3,694 shares of the company’s stock valued at $153,000 after purchasing an additional 247 shares during the last quarter. LPL Financial LLC boosted its holdings in United Natural Foods by 1.2% in the 2nd quarter. LPL Financial LLC now owns 21,287 shares of the company’s stock valued at $838,000 after purchasing an additional 254 shares during the last quarter. Yousif Capital Management LLC boosted its holdings in United Natural Foods by 0.7% in the 1st quarter. Yousif Capital Management LLC now owns 59,273 shares of the company’s stock valued at $2,451,000 after purchasing an additional 414 shares during the last quarter. Captrust Financial Advisors boosted its holdings in United Natural Foods by 1.8% in the 2nd quarter. Captrust Financial Advisors now owns 25,358 shares of the company’s stock valued at $999,000 after purchasing an additional 445 shares during the last quarter. Finally, First Trust Advisors LP boosted its holdings in United Natural Foods by 0.6% in the 1st quarter. First Trust Advisors LP now owns 81,460 shares of the company’s stock valued at $2,146,000 after purchasing an additional 461 shares during the last quarter. 87.63% of the stock is currently owned by institutional investors and hedge funds.

United Natural Foods Stock Down 3.0 %

Shares of United Natural Foods stock opened at $9.38 on Wednesday. United Natural Foods, Inc. has a one year low of $9.18 and a one year high of $28.37. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.53 and a quick ratio of 0.54. The business has a 50-day simple moving average of $13.12 and a 200-day simple moving average of $14.50.

United Natural Foods (NYSE:UNFI) last announced its quarterly earnings data on Wednesday, March 6th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.09. United Natural Foods had a positive return on equity of 1.20% and a negative net margin of 0.38%. The business had revenue of $7.78 billion during the quarter, compared to the consensus estimate of $7.87 billion. During the same period in the previous year, the company posted $0.78 earnings per share. The business’s revenue for the quarter was down .5% on a year-over-year basis. On average, sell-side analysts forecast that United Natural Foods, Inc. will post 0.01 earnings per share for the current year.

Insider Buying and Selling

In related news, CAO Richard Eric Esper sold 4,375 shares of the business’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $11.35, for a total transaction of $49,656.25. Following the completion of the sale, the chief accounting officer now owns 32,865 shares in the company, valued at $373,017.75. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 2.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

UNFI has been the topic of several recent analyst reports. Wells Fargo & Company decreased their price objective on shares of United Natural Foods from $15.00 to $12.00 and set an “underweight” rating on the stock in a report on Thursday, March 7th. Roth Mkm restated a “neutral” rating and issued a $13.00 price objective (down from $15.00) on shares of United Natural Foods in a report on Thursday, March 7th. Finally, StockNews.com lowered shares of United Natural Foods from a “hold” rating to a “sell” rating in a report on Thursday, March 14th. Two equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $13.40.

United Natural Foods Company Profile

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.