Sigma Planning Corp Takes $504,000 Position in United Natural Foods, Inc. $UNFI

Sigma Planning Corp purchased a new position in shares of United Natural Foods, Inc. (NYSE:UNFI) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 11,193 shares of the company’s stock, valued at approximately $504,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UNFI. Brighton Jones LLC purchased a new stake in United Natural Foods in the 4th quarter valued at $656,000. SG Americas Securities LLC grew its position in United Natural Foods by 12,660.4% during the 4th quarter. SG Americas Securities LLC now owns 678,979 shares of the company’s stock worth $22,861,000 after purchasing an additional 673,658 shares during the last quarter. Intech Investment Management LLC increased its stake in United Natural Foods by 312.3% in the fourth quarter. Intech Investment Management LLC now owns 159,123 shares of the company’s stock valued at $5,358,000 after purchasing an additional 120,525 shares during the period. Louisiana State Employees Retirement System acquired a new position in United Natural Foods in the first quarter valued at $1,217,000. Finally, Private Advisory Group LLC purchased a new stake in shares of United Natural Foods in the fourth quarter valued at about $1,046,000. 87.63% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at United Natural Foods

In other news, insider Danielle Benedict sold 4,807 shares of the stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $52.00, for a total value of $249,964.00. Following the completion of the transaction, the insider owned 98,470 shares in the company, valued at $5,120,440. This trade represents a 4.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Mark Bushway sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $51.56, for a total transaction of $515,600.00. Following the completion of the sale, the insider owned 51,119 shares of the company’s stock, valued at $2,635,695.64. This trade represents a 16.36% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.40% of the stock is currently owned by insiders.

United Natural Foods Stock Performance

NYSE UNFI opened at $48.56 on Tuesday. The stock has a market capitalization of $2.94 billion, a price-to-earnings ratio of -73.57 and a beta of 0.83. The business’s 50 day moving average is $49.85 and its two-hundred day moving average is $44.11. United Natural Foods, Inc. has a 12-month low of $24.88 and a 12-month high of $57.02. The company has a current ratio of 1.33, a quick ratio of 0.51 and a debt-to-equity ratio of 1.04.

United Natural Foods (NYSE:UNFI) last posted its quarterly earnings results on Tuesday, June 9th. The company reported $0.77 earnings per share for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.04). United Natural Foods had a negative net margin of 0.12% and a positive return on equity of 7.42%. The business had revenue of $7.72 billion during the quarter, compared to analysts’ expectations of $7.79 billion. During the same quarter last year, the firm earned $0.44 earnings per share. The firm’s quarterly revenue was down 4.2% compared to the same quarter last year. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. Research analysts expect that United Natural Foods, Inc. will post 2.52 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on UNFI. The Goldman Sachs Group reissued a “neutral” rating and set a $47.00 price target on shares of United Natural Foods in a report on Wednesday, June 10th. Wells Fargo & Company raised United Natural Foods from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $40.00 to $56.00 in a research note on Thursday, March 26th. Zacks Research raised United Natural Foods from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 3rd. Roth Capital reiterated a “neutral” rating and issued a $43.00 target price on shares of United Natural Foods in a research note on Wednesday, June 10th. Finally, BMO Capital Markets restated an “outperform” rating and set a $56.00 price target on shares of United Natural Foods in a research note on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $46.38.

About United Natural Foods

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.