Diversified Trust Co Has $1.08 Million Stock Position in United Natural Foods, Inc. (NYSE:UNFI)

Diversified Trust Co raised its stake in United Natural Foods, Inc. (NYSE:UNFI) by 6.3% in the 1st quarter, HoldingsChannel reports. The fund owned 93,537 shares of the company’s stock after buying an additional 5,516 shares during the quarter. Diversified Trust Co’s holdings in United Natural Foods were worth $1,075,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of UNFI. Vanguard Group Inc. boosted its position in United Natural Foods by 3.9% in the 3rd quarter. Vanguard Group Inc. now owns 7,434,767 shares of the company’s stock valued at $105,128,000 after buying an additional 277,636 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in United Natural Foods by 18.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 745,628 shares of the company’s stock worth $12,102,000 after purchasing an additional 115,308 shares during the period. Federated Hermes Inc. raised its holdings in United Natural Foods by 2,136.5% during the 4th quarter. Federated Hermes Inc. now owns 657,320 shares of the company’s stock worth $10,668,000 after purchasing an additional 627,930 shares during the last quarter. American Century Companies Inc. lifted its position in United Natural Foods by 17.6% during the 3rd quarter. American Century Companies Inc. now owns 556,590 shares of the company’s stock valued at $7,870,000 after purchasing an additional 83,498 shares during the period. Finally, Bragg Financial Advisors Inc boosted its stake in shares of United Natural Foods by 0.8% in the 4th quarter. Bragg Financial Advisors Inc now owns 407,728 shares of the company’s stock valued at $6,617,000 after purchasing an additional 3,391 shares during the last quarter. Institutional investors and hedge funds own 87.63% of the company’s stock.

United Natural Foods Trading Down 2.3 %

UNFI opened at $12.80 on Tuesday. United Natural Foods, Inc. has a 12 month low of $8.58 and a 12 month high of $21.28. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.55 and a current ratio of 1.51. The company has a fifty day simple moving average of $11.70 and a 200 day simple moving average of $13.18.

United Natural Foods (NYSE:UNFI) last announced its quarterly earnings results on Wednesday, June 5th. The company reported $0.10 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.10. United Natural Foods had a negative return on equity of 0.35% and a negative net margin of 0.47%. The company had revenue of $7.50 billion during the quarter, compared to the consensus estimate of $7.51 billion. During the same period in the prior year, the company earned $0.54 earnings per share. The company’s revenue for the quarter was down .1% compared to the same quarter last year. On average, analysts predict that United Natural Foods, Inc. will post 0.06 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. StockNews.com upgraded shares of United Natural Foods from a “sell” rating to a “hold” rating in a report on Thursday, June 13th. Roth Mkm raised their price target on United Natural Foods from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, June 6th. Wells Fargo & Company dropped their price objective on United Natural Foods from $15.00 to $12.00 and set an “underweight” rating for the company in a report on Thursday, March 7th. Finally, UBS Group raised their target price on United Natural Foods from $14.00 to $16.00 and gave the stock a “neutral” rating in a report on Thursday, June 6th. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $13.60.

United Natural Foods Company 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.