JCP Investment Management LLC Acquires 31,071 Shares of United Natural Foods, Inc. $UNFI

JCP Investment Management LLC raised its stake in United Natural Foods, Inc. (NYSE:UNFI) by 6.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 494,371 shares of the company’s stock after buying an additional 31,071 shares during the quarter. United Natural Foods accounts for about 14.8% of JCP Investment Management LLC’s holdings, making the stock its 2nd biggest position. JCP Investment Management LLC’s holdings in United Natural Foods were worth $22,276,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in UNFI. SG Americas Securities LLC grew its holdings in shares of United Natural Foods by 155.1% during the 1st quarter. SG Americas Securities LLC now owns 1,732,060 shares of the company’s stock valued at $78,047,000 after acquiring an additional 1,053,081 shares in the last quarter. Trexquant Investment LP purchased a new stake in shares of United Natural Foods during the fourth quarter worth $12,885,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of United Natural Foods by 40.4% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,300,414 shares of the company’s stock worth $48,922,000 after acquiring an additional 374,487 shares in the last quarter. Millennium Management LLC boosted its position in United Natural Foods by 912.4% during the fourth quarter. Millennium Management LLC now owns 398,946 shares of the company’s stock valued at $13,433,000 after purchasing an additional 359,541 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in United Natural Foods by 198.4% during the fourth quarter. JPMorgan Chase & Co. now owns 439,897 shares of the company’s stock valued at $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.

United Natural Foods Trading Down 0.1%

United Natural Foods stock opened at $49.65 on Monday. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.33 and a quick ratio of 0.51. The company has a market capitalization of $3.00 billion, a price-to-earnings ratio of -75.22 and a beta of 0.83. United Natural Foods, Inc. has a one year low of $24.88 and a one year high of $57.02. The company’s fifty day moving average price is $49.70 and its two-hundred day moving average price is $44.57.

United Natural Foods (NYSE:UNFI) last posted its earnings results on Tuesday, June 9th. The company reported $0.77 earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $7.72 billion for the quarter, compared to the consensus estimate of $7.79 billion. During the same quarter last year, the business earned $0.44 earnings per share. United Natural Foods’s quarterly revenue was down 4.2% on a year-over-year basis. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. On average, analysts forecast that United Natural Foods, Inc. will post 2.52 earnings per share for the current fiscal year.

Insider Transactions at United Natural Foods

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 directly owned 51,119 shares in the company, valued at approximately $2,635,695.64. The trade was a 16.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Danielle Benedict sold 4,807 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $52.00, for a total value of $249,964.00. Following the sale, the insider directly owned 98,470 shares of the company’s stock, valued at $5,120,440. The trade was a 4.65% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.40% of the company’s stock.

Analyst Ratings Changes

UNFI has been the topic of several research reports. Roth Capital reaffirmed a “neutral” rating and issued a $43.00 target price on shares of United Natural Foods in a research report on Wednesday, June 10th. Wall Street Zen lowered United Natural Foods from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. BMO Capital Markets reissued an “outperform” rating and issued a $56.00 price target on shares of United Natural Foods in a research note on Wednesday, June 10th. Zacks Research upgraded United Natural Foods from a “hold” rating to a “strong-buy” rating in a report on Friday, July 3rd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of United Natural Foods in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $47.86.

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.