Quinn Opportunity Partners LLC Has $4.74 Million Position in United Natural Foods, Inc. $UNFI

Quinn Opportunity Partners LLC grew its stake in United Natural Foods, Inc. (NYSE:UNFI) by 26.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 126,000 shares of the company’s stock after buying an additional 26,000 shares during the period. Quinn Opportunity Partners LLC owned 0.21% of United Natural Foods worth $4,740,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in UNFI. Counterpoint Mutual Funds LLC lifted its stake in shares of United Natural Foods by 1.1% in the third quarter. Counterpoint Mutual Funds LLC now owns 28,948 shares of the company’s stock worth $1,089,000 after acquiring an additional 320 shares during the period. Smartleaf Asset Management LLC increased its position in United Natural Foods by 32.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,563 shares of the company’s stock valued at $59,000 after purchasing an additional 379 shares during the period. Thrivent Financial for Lutherans raised its holdings in United Natural Foods by 1.1% during the 2nd quarter. Thrivent Financial for Lutherans now owns 44,607 shares of the company’s stock worth $1,040,000 after purchasing an additional 492 shares during the last quarter. Amalgamated Bank raised its holdings in United Natural Foods by 3.5% during the 3rd quarter. Amalgamated Bank now owns 17,868 shares of the company’s stock worth $672,000 after purchasing an additional 596 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of United Natural Foods by 84.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,332 shares of the company’s stock worth $31,000 after purchasing an additional 609 shares during the period. 87.63% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

UNFI has been the topic of a number of analyst reports. Roth Mkm reaffirmed a “neutral” rating and issued a $35.00 price objective on shares of United Natural Foods in a research note on Thursday, December 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of United Natural Foods in a research note on Friday, January 9th. Wells Fargo & Company upped their price target on shares of United Natural Foods from $35.00 to $40.00 and gave the company an “equal weight” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft increased their price target on United Natural Foods from $40.00 to $46.00 and gave the stock a “hold” rating in a report on Thursday. Finally, Zacks Research lowered United Natural Foods from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $41.63.

United Natural Foods Trading Up 3.3%

UNFI opened at $41.67 on Friday. United Natural Foods, Inc. has a fifty-two week low of $20.78 and a fifty-two week high of $43.29. The firm has a market capitalization of $2.53 billion, a PE ratio of -32.05 and a beta of 1.00. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.33 and a quick ratio of 0.50. The company’s 50-day moving average is $37.46 and its 200 day moving average is $35.81.

United Natural Foods (NYSE:UNFI) last issued its quarterly earnings data on Tuesday, March 10th. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.11. The firm had revenue of $7.95 billion during the quarter, compared to analyst estimates of $8.11 billion. United Natural Foods had a positive return on equity of 6.05% and a negative net margin of 0.25%.The company’s revenue for the quarter was down 2.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.22 EPS. United Natural Foods has set its FY 2026 guidance at 2.300-2.700 EPS. As a group, research analysts predict that United Natural Foods, Inc. will post 0.76 earnings per share for the current fiscal year.

Insider Activity at United Natural Foods

In related news, insider Louis Anthony Martin sold 9,439 shares of United Natural Foods stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $34.67, for a total transaction of $327,250.13. Following the transaction, the insider owned 81,234 shares of the company’s stock, valued at $2,816,382.78. The trade was a 10.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director James C. Pappas purchased 15,000 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were bought at an average price of $33.76 per share, with a total value of $506,400.00. Following the acquisition, the director directly owned 192,178 shares of the company’s stock, valued at $6,487,929.28. This represents a 8.47% increase in their position. The disclosure for this purchase is available in the SEC filing. 2.40% of the stock is owned by insiders.

United Natural Foods Company Profile

United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.

UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.