Knights of Columbus Asset Advisors LLC Sells 23,342 Shares of United Natural Foods, Inc. $UNFI

Knights of Columbus Asset Advisors LLC trimmed its stake in United Natural Foods, Inc. (NYSE:UNFI) by 25.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 67,377 shares of the company’s stock after selling 23,342 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in United Natural Foods were worth $2,269,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC acquired a new position in United Natural Foods during the 4th quarter valued at about $656,000. Allianz Asset Management GmbH increased its position in United Natural Foods by 259.4% during the 3rd quarter. Allianz Asset Management GmbH now owns 226,706 shares of the company’s stock valued at $8,529,000 after buying an additional 163,622 shares in the last quarter. Mutual Advisors LLC acquired a new position in United Natural Foods during the 3rd quarter valued at about $1,387,000. SG Americas Securities LLC increased 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 valued at $22,861,000 after buying an additional 673,658 shares in the last quarter. Finally, Towle & Co. acquired a new position in United Natural Foods during the 3rd quarter valued at about $13,724,000. 87.63% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

UNFI has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of United Natural Foods in a research report on Wednesday, April 8th. Wall Street Zen lowered United Natural Foods from a “buy” rating to a “hold” rating in a research report on Monday, May 4th. Wells Fargo & Company raised United Natural Foods from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $40.00 to $56.00 in a research report on Thursday, March 26th. BMO Capital Markets upped their target price on United Natural Foods from $48.00 to $52.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. Finally, Zacks Research lowered United Natural Foods from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $43.63.

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 stock was sold at an average price of $52.00, for a total value of $249,964.00. Following the transaction, the insider directly owned 98,470 shares of the company’s stock, valued at approximately $5,120,440. This represents a 4.65% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.40% of the company’s stock.

United Natural Foods Stock Up 1.3%

Shares of UNFI stock opened at $52.61 on Friday. The stock’s 50-day simple moving average is $47.53 and its 200-day simple moving average is $40.34. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.52 and a current ratio of 1.33. The firm has a market capitalization of $3.20 billion, a PE ratio of -40.47 and a beta of 0.82. United Natural Foods, Inc. has a fifty-two week low of $20.78 and a fifty-two week high of $53.18.

United Natural Foods (NYSE:UNFI) last announced its quarterly earnings data on Tuesday, March 10th. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.11. The business had revenue of $7.95 billion for 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 was down 2.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.22 earnings per share. United Natural Foods has set its FY 2026 guidance at 2.300-2.700 EPS. Equities analysts expect that United Natural Foods, Inc. will post 2.52 earnings per share for the current year.

United Natural Foods 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.