Deutsche Bank AG Takes Position in United Natural Foods, Inc. $UNFI

Deutsche Bank AG bought a new stake in shares of United Natural Foods, Inc. (NYSE:UNFI) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 91,607 shares of the company’s stock, valued at approximately $4,184,000.

Several other hedge funds also recently bought and sold shares of UNFI. Revisor Wealth Management LLC increased its stake in United Natural Foods by 4.7% in the 1st quarter. Revisor Wealth Management LLC now owns 6,188 shares of the company’s stock worth $279,000 after buying an additional 278 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of United Natural Foods by 4.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,485 shares of the company’s stock worth $252,000 after acquiring an additional 285 shares during the period. Oregon Public Employees Retirement Fund grew its position in shares of United Natural Foods by 2.1% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 13,894 shares of the company’s stock worth $468,000 after purchasing an additional 289 shares in the last quarter. Optimize Financial Inc raised its stake in United Natural Foods by 1.5% during the 4th quarter. Optimize Financial Inc now owns 20,963 shares of the company’s stock valued at $706,000 after purchasing an additional 300 shares during the period. Finally, Arax Advisory Partners raised its stake in United Natural Foods by 37.4% during the 4th quarter. Arax Advisory Partners now owns 1,102 shares of the company’s stock valued at $37,000 after purchasing an additional 300 shares during the period. Institutional investors own 87.63% of the company’s stock.

Wall Street Analysts Forecast Growth

UNFI has been the subject of several recent analyst reports. UBS Group upped their price target on United Natural Foods from $44.00 to $47.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of United Natural Foods in a research report on Monday, July 6th. The Goldman Sachs Group reissued a “neutral” rating and issued a $47.00 target price on shares of United Natural Foods in a report on Wednesday, June 10th. Wall Street Zen cut shares of United Natural Foods from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Finally, Roth Capital reiterated a “neutral” rating and issued a $43.00 price target on shares of United Natural Foods in a report on Wednesday, June 10th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $47.86.

United Natural Foods Trading Down 1.9%

Shares of NYSE UNFI opened at $47.61 on Wednesday. United Natural Foods, Inc. has a 1-year low of $27.21 and a 1-year high of $57.02. 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 business’s 50 day moving average is $48.54 and its two-hundred day moving average is $46.53. The stock has a market capitalization of $2.88 billion, a P/E ratio of -72.14 and a beta of 0.84.

United Natural Foods (NYSE:UNFI) last posted its quarterly earnings data on Tuesday, June 9th. The company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate 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 negative net margin of 0.12% and a positive return on equity of 7.42%. United Natural Foods’s revenue for the quarter was down 4.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.44 earnings per share. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. As a group, research analysts expect that United Natural Foods, Inc. will post 2.52 EPS for the current year.

Insider Transactions at United Natural Foods

In related news, insider Mark Bushway sold 10,000 shares of the firm’s stock in a transaction 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 $2,635,695.64. This trade represents a 16.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.40% of the stock is currently owned by corporate insiders.

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.