26,500 Shares in United Natural Foods, Inc. (UNFI) Purchased by Seven Eight Capital LP

Seven Eight Capital LP acquired a new stake in shares of United Natural Foods, Inc. (NASDAQ:UNFI) during the second quarter, according to its most recent filing with the SEC. The fund acquired 26,500 shares of the company’s stock, valued at approximately $973,000. Seven Eight Capital LP owned 0.05% of United Natural Foods as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in UNFI. BlackRock Inc. raised its stake in shares of United Natural Foods by 16,599.3% during the 1st quarter. BlackRock Inc. now owns 5,252,416 shares of the company’s stock valued at $227,062,000 after purchasing an additional 5,220,963 shares during the period. Kiltearn Partners LLP bought a new stake in shares of United Natural Foods during the 2nd quarter valued at $74,701,000. FMR LLC raised its stake in shares of United Natural Foods by 34.4% during the 1st quarter. FMR LLC now owns 7,588,290 shares of the company’s stock valued at $328,042,000 after purchasing an additional 1,940,736 shares during the period. Thompson Siegel & Walmsley LLC raised its stake in shares of United Natural Foods by 161.6% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 1,509,167 shares of the company’s stock valued at $55,386,000 after purchasing an additional 932,281 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of United Natural Foods by 23.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,070,520 shares of the company’s stock valued at $132,737,000 after purchasing an additional 582,345 shares during the period.

UNFI has been the topic of a number of analyst reports. Jefferies Group LLC set a $44.00 price objective on United Natural Foods and gave the company a “hold” rating in a research note on Friday, May 26th. BMO Capital Markets restated a “market perform” rating and set a $40.00 target price (up from $38.00) on shares of United Natural Foods in a research report on Thursday. Stephens assumed coverage on United Natural Foods in a research report on Friday, August 11th. They set an “equal weight” rating and a $50.00 target price for the company. Loop Capital restated a “buy” rating and set a $50.00 target price (up from $44.00) on shares of United Natural Foods in a research report on Thursday. Finally, Zacks Investment Research upgraded United Natural Foods from a “sell” rating to a “hold” rating in a research report on Thursday, June 8th. Five analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. United Natural Foods currently has a consensus rating of “Hold” and an average target price of $42.56.

United Natural Foods, Inc. (NASDAQ UNFI) opened at 39.74 on Friday. United Natural Foods, Inc. has a 12-month low of $29.53 and a 12-month high of $49.74. The stock has a 50 day moving average price of $36.13 and a 200-day moving average price of $39.19. The stock has a market capitalization of $2.01 billion, a PE ratio of 15.96 and a beta of 1.39.

United Natural Foods (NASDAQ:UNFI) last issued its earnings results on Wednesday, September 13th. The company reported $0.72 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.70 by $0.02. United Natural Foods had a return on equity of 8.10% and a net margin of 1.40%. The firm had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.36 billion. During the same period in the previous year, the firm posted $0.70 earnings per share. The business’s revenue was up 5.7% compared to the same quarter last year. On average, equities analysts anticipate that United Natural Foods, Inc. will post $2.69 earnings per share for the current fiscal year.

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United Natural Foods Profile

United Natural Foods, Inc is a distributor and retailer of natural, organic and specialty products. The Company’s segments include Wholesale and Other. The Wholesale segment is engaged in the national distribution of natural, organic and specialty foods, produce and related products in the United States and Canada.

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

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