Northern Trust Corp Has $7.02 Million Holdings in United Natural Foods Inc (UNFI)

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Northern Trust Corp lowered its position in United Natural Foods Inc (NASDAQ:UNFI) by 17.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 663,023 shares of the company’s stock after selling 138,236 shares during the quarter. Northern Trust Corp owned about 1.30% of United Natural Foods worth $7,021,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the business. BlackRock Inc. boosted its holdings in United Natural Foods by 22.7% during the fourth quarter. BlackRock Inc. now owns 7,523,058 shares of the company’s stock worth $79,669,000 after buying an additional 1,393,591 shares in the last quarter. Kiltearn Partners LLP boosted its holdings in United Natural Foods by 5.5% during the fourth quarter. Kiltearn Partners LLP now owns 4,725,904 shares of the company’s stock worth $50,047,000 after buying an additional 247,146 shares in the last quarter. Vanguard Group Inc boosted its holdings in United Natural Foods by 0.6% during the third quarter. Vanguard Group Inc now owns 4,673,478 shares of the company’s stock worth $139,970,000 after buying an additional 28,394 shares in the last quarter. Vanguard Group Inc. boosted its holdings in United Natural Foods by 0.6% during the third quarter. Vanguard Group Inc. now owns 4,673,478 shares of the company’s stock worth $139,970,000 after buying an additional 28,394 shares in the last quarter. Finally, Towle & Co. bought a new stake in United Natural Foods during the fourth quarter worth approximately $16,169,000. Institutional investors own 98.17% of the company’s stock.

UNFI stock opened at $13.28 on Wednesday. United Natural Foods Inc has a 12-month low of $9.23 and a 12-month high of $47.73. The company has a debt-to-equity ratio of 1.77, a current ratio of 1.59 and a quick ratio of 0.74. The company has a market capitalization of $682.00 million, a price-to-earnings ratio of 4.27, a P/E/G ratio of 0.82 and a beta of 2.15.

United Natural Foods (NASDAQ:UNFI) last released its earnings results on Tuesday, March 5th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.21. United Natural Foods had a net margin of 1.09% and a return on equity of 8.58%. The company had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.01 billion. During the same quarter in the prior year, the firm earned $0.71 EPS. On average, research analysts expect that United Natural Foods Inc will post 1.73 earnings per share for the current fiscal year.

A number of equities analysts recently commented on UNFI shares. Royal Bank of Canada decreased their price objective on shares of United Natural Foods to $20.00 and set a “sector perform” rating for the company in a research note on Thursday, January 17th. Zacks Investment Research raised shares of United Natural Foods from a “strong sell” rating to a “hold” rating in a research note on Friday, February 8th. BidaskClub raised shares of United Natural Foods from a “sell” rating to a “hold” rating in a research note on Wednesday, February 20th. Pivotal Research lowered shares of United Natural Foods from a “hold” rating to a “sell” rating and decreased their price objective for the stock from $14.00 to $8.00 in a research note on Thursday, March 7th. Finally, Loop Capital decreased their price objective on shares of United Natural Foods to $30.00 and set a “buy” rating for the company in a research note on Wednesday, March 6th. Five investment analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $21.13.

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About United Natural Foods

United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, and specialty foods and non-food products in the United States and Canada. The company operates through three divisions: Wholesale, Retail, and Manufacturing and Branded Products. The Wholesale division offers grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care products.

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Institutional Ownership by Quarter for United Natural Foods (NASDAQ:UNFI)

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