21,000 Shares in United Natural Foods, Inc. (NYSE:UNFI) Bought by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. acquired a new position in shares of United Natural Foods, Inc. (NYSE:UNFI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 21,000 shares of the company’s stock, valued at approximately $574,000.

Other institutional investors have also made changes to their positions in the company. Versant Capital Management Inc grew its stake in shares of United Natural Foods by 66.5% during the fourth quarter. Versant Capital Management Inc now owns 931 shares of the company’s stock worth $25,000 after purchasing an additional 372 shares during the period. GAMMA Investing LLC grew its stake in shares of United Natural Foods by 46.0% during the fourth quarter. GAMMA Investing LLC now owns 2,027 shares of the company’s stock worth $55,000 after purchasing an additional 639 shares during the period. Blue Trust Inc. grew its stake in United Natural Foods by 200.2% in the fourth quarter. Blue Trust Inc. now owns 3,191 shares of the company’s stock valued at $87,000 after acquiring an additional 2,128 shares during the period. Quest Partners LLC acquired a new position in United Natural Foods in the third quarter valued at about $157,000. Finally, Citizens Financial Group Inc. RI acquired a new position in United Natural Foods in the third quarter valued at about $182,000. 87.63% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on UNFI shares. Guggenheim reissued a “neutral” rating on shares of United Natural Foods in a research note on Thursday, December 12th. Wells Fargo & Company boosted their target price on United Natural Foods from $23.00 to $25.00 and gave the company an “underweight” rating in a research note on Friday, January 10th. Roth Mkm boosted their target price on United Natural Foods from $20.00 to $26.00 and gave the company a “neutral” rating in a research note on Thursday, December 12th. BMO Capital Markets boosted their target price on United Natural Foods from $23.00 to $32.00 and gave the company a “market perform” rating in a research note on Wednesday, December 11th. Finally, The Goldman Sachs Group boosted their target price on United Natural Foods from $25.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $26.40.

United Natural Foods Price Performance

UNFI stock opened at $32.35 on Friday. The company has a quick ratio of 0.53, a current ratio of 1.48 and a debt-to-equity ratio of 1.39. The business has a 50-day moving average of $29.02 and a 200-day moving average of $22.41. United Natural Foods, Inc. has a fifty-two week low of $8.58 and a fifty-two week high of $34.76.

United Natural Foods (NYSE:UNFI) last posted its quarterly earnings data on Tuesday, December 10th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.18. The company had revenue of $7.90 billion during the quarter, compared to analysts’ expectations of $7.61 billion. United Natural Foods had a positive return on equity of 1.27% and a negative net margin of 0.30%. United Natural Foods’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.04) earnings per share. On average, equities analysts anticipate that United Natural Foods, Inc. will post 0.76 EPS for the current fiscal year.

United Natural Foods Profile

United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.