Hauser Brothers GmbH acquired a new position in shares of United Natural Foods, Inc. (NYSE:UNFI – Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 220,724 shares of the company’s stock, valued at approximately $10,080,465,000. United Natural Foods makes up approximately 12.1% of Hauser Brothers GmbH’s holdings, making the stock its 4th biggest position. Hauser Brothers GmbH owned 0.36% of United Natural Foods as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of UNFI. Revisor Wealth Management LLC boosted its position in United Natural Foods by 4.7% during the 1st quarter. Revisor Wealth Management LLC now owns 6,188 shares of the company’s stock worth $279,000 after acquiring an additional 278 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of United Natural Foods by 4.0% during the 4th 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 in the last quarter. Oregon Public Employees Retirement Fund grew its stake in shares of United Natural Foods by 2.1% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 13,894 shares of the company’s stock worth $468,000 after acquiring an additional 289 shares in the last quarter. Optimize Financial Inc raised its holdings in shares of United Natural Foods by 1.5% in the fourth 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 last quarter. Finally, Arax Advisory Partners raised its holdings in shares of United Natural Foods by 37.4% in the fourth 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 last quarter. Institutional investors and hedge funds own 87.63% of the company’s stock.
United Natural Foods Stock Down 1.5%
NYSE:UNFI opened at $47.28 on Friday. United Natural Foods, Inc. has a twelve month low of $27.21 and a twelve month high of $57.02. The firm has a market capitalization of $2.86 billion, a price-to-earnings ratio of -71.64 and a beta of 0.84. The company has a quick ratio of 0.51, a current ratio of 1.33 and a debt-to-equity ratio of 1.04. The stock’s 50 day moving average price is $48.42 and its two-hundred day moving average price is $46.64.
Wall Street Analyst Weigh In
Several brokerages recently commented on UNFI. Wall Street Zen cut shares of United Natural Foods from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of United Natural Foods in a research note on Monday, July 6th. Zacks Research lowered shares of United Natural Foods from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 3rd. BMO Capital Markets reissued an “outperform” rating and set a $56.00 price target on shares of United Natural Foods in a research report on Wednesday, June 10th. Finally, UBS Group increased their price objective on shares of United Natural Foods from $44.00 to $47.00 and gave the stock a “neutral” rating in a research note 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. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $47.86.
Get Our Latest Stock Report on UNFI
Insider Buying and Selling
In other United Natural Foods news, insider Mark Bushway sold 10,000 shares of the stock in a transaction on Tuesday, June 23rd. The shares were 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 $2,635,695.64. This trade represents a 16.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.40% of the stock is currently owned by corporate insiders.
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.
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