Private Advisory Group LLC Makes New Investment in United Natural Foods, Inc. $UNFI

Private Advisory Group LLC acquired a new stake in shares of United Natural Foods, Inc. (NYSE:UNFI) during the second quarter, Holdings Channel.com reports. The firm acquired 27,689 shares of the company’s stock, valued at approximately $1,265,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. SG Americas Securities LLC lifted its holdings in shares of United Natural Foods by 155.1% in the 1st quarter. SG Americas Securities LLC now owns 1,732,060 shares of the company’s stock worth $78,047,000 after acquiring an additional 1,053,081 shares during the last quarter. Trexquant Investment LP bought a new position in United Natural Foods during the 4th quarter valued at about $12,885,000. Arrowstreet Capital Limited Partnership raised its position in United Natural Foods by 40.4% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,300,414 shares of the company’s stock worth $48,922,000 after purchasing an additional 374,487 shares during the period. Millennium Management LLC raised its position in United Natural Foods by 912.4% in the 4th quarter. Millennium Management LLC now owns 398,946 shares of the company’s stock worth $13,433,000 after purchasing an additional 359,541 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in United Natural Foods by 198.4% in the fourth quarter. JPMorgan Chase & Co. now owns 439,897 shares of the company’s stock worth $14,811,000 after purchasing an additional 292,496 shares during the last quarter. Hedge funds and other institutional investors own 87.63% of the company’s stock.

Insider Activity

In related news, insider Mark Bushway sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $51.56, for a total value of $515,600.00. Following the completion of the sale, the insider owned 51,119 shares in the company, valued at approximately $2,635,695.64. The trade was a 16.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.40% of the company’s stock.

United Natural Foods Trading Down 0.4%

Shares of UNFI opened at $48.38 on Friday. The firm has a market capitalization of $2.93 billion, a price-to-earnings ratio of -73.30 and a beta of 0.84. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.33 and a quick ratio of 0.51. United Natural Foods, Inc. has a 1-year low of $25.97 and a 1-year high of $57.02. The company has a 50-day moving average of $48.85 and a 200 day moving average of $46.01.

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

Analyst Upgrades and Downgrades

Several research analysts have issued reports on UNFI shares. UBS Group boosted their target price on United Natural Foods from $44.00 to $47.00 and gave the company a “neutral” rating in a research report on Wednesday, June 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of United Natural Foods in a report on Monday, July 6th. Wall Street Zen lowered United Natural Foods from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Zacks Research cut United Natural Foods from a “strong-buy” rating to a “hold” rating in a report on Monday, August 3rd. Finally, Roth Capital reaffirmed a “neutral” rating and issued a $43.00 price objective on shares of United Natural Foods in a research report on Wednesday, June 10th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $47.86.

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.