United Natural Foods (NYSE:UNFI) Trading Down 4.3% – Should You Sell?

United Natural Foods, Inc. (NYSE:UNFI) fell 4.3% during trading on Monday . The stock traded as low as $48.22 and last traded at $48.6230. 368,939 shares were traded during trading, a decline of 48% from the average session volume of 702,845 shares. The stock had previously closed at $50.83.

Wall Street Analyst Weigh In

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

United Natural Foods Price Performance

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 firm has a market capitalization of $2.92 billion, a PE ratio of -73.11 and a beta of 0.84. The business’s 50 day moving average is $49.71 and its two-hundred day moving average is $45.16.

United Natural Foods (NYSE:UNFI) last issued its quarterly 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 quarterly revenue was down 4.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.44 EPS. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. As a group, research analysts anticipate that United Natural Foods, Inc. will post 2.52 EPS for the current year.

Insider Transactions at United Natural Foods

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

Institutional Investors Weigh In On United Natural Foods

A number of institutional investors have recently made changes to their positions in UNFI. SG Americas Securities LLC lifted its stake 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 valued at $78,047,000 after acquiring an additional 1,053,081 shares during the last quarter. Trexquant Investment LP bought a new stake in United Natural Foods in the fourth quarter valued at approximately $12,885,000. Arrowstreet Capital Limited Partnership boosted its stake 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 valued at $48,922,000 after purchasing an additional 374,487 shares during the period. Millennium Management LLC boosted its stake in shares of 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 period. Finally, JPMorgan Chase & Co. grew its holdings in shares of 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.

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.