6 days Ago By ABMN Staff
Franklin Resources Inc. increased its position in shares of United Natural Foods, Inc. ( NYSE:UNFI – Free Report ) by 4.
7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,995 shares of the company’s stock after buying an additional 2,182 shares during the quarter. Franklin Resources Inc.
owned 0.08% of United Natural Foods worth $1,338,000 at the end of the most recent quarter. Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company.
American Century Companies Inc. lifted its holdings in shares of United Natural Foods by 28.1% during the 4th quarter.
American Century Companies Inc. now owns 2,018,248 shares of the company’s stock worth $55,118,000 after acquiring an additional 442,574 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in United Natural Foods by 162.
7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 587,697 shares of the company’s stock worth $16,050,000 after purchasing an additional 363,962 shares during the period. JPMorgan Chase & Co.
boosted its holdings in United Natural Foods by 146.8% during the fourth quarter. JPMorgan Chase & Co.
now owns 439,109 shares of the company’s stock valued at $11,992,000 after purchasing an additional 261,172 shares in the last quarter. Brandywine Global Investment Management LLC grew its stake in shares of United Natural Foods by 379.5% in the 4th quarter.
Brandywine Global Investment Management LLC now owns 201,622 shares of the company’s stock valued at $5,506,000 after purchasing an additional 159,572 shares during the period. Finally, Advisors Preferred LLC acquired a new position in shares of United Natural Foods in the 4th quarter worth approximately $3,637,000. 87.
63% of the stock is currently owned by institutional investors. Analyst Upgrades and Downgrades A number of brokerages have weighed in on UNFI. Wells Fargo & Company upped their price target on United Natural Foods from $23.
00 to $25.00 and gave the company an “underweight” rating in a research report on Friday, January 10th. CL King raised shares of United Natural Foods from a “neutral” rating to a “buy” rating and set a $33.
00 target price on the stock in a report on Wednesday, March 12th. The Goldman Sachs Group lifted their price target on shares of United Natural Foods from $25.00 to $28.
00 and gave the company a “neutral” rating in a report on Thursday, February 13th. Finally, StockNews.com raised shares of United Natural Foods from a “hold” rating to a “buy” rating in a research note on Tuesday.
One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, United Natural Foods currently has a consensus rating of “Hold” and a consensus price target of $27.50.
United Natural Foods Trading Up 1.6 % UNFI opened at $24.59 on Tuesday.
United Natural Foods, Inc. has a 1-year low of $8.58 and a 1-year high of $34.
76. The stock has a market capitalization of $1.49 billion, a PE ratio of -15.
66 and a beta of 1.08. The company has a current ratio of 1.
48, a quick ratio of 0.53 and a debt-to-equity ratio of 1.39.
The firm has a 50-day moving average price of $28.21 and a two-hundred day moving average price of $25.87.
United Natural Foods ( NYSE:UNFI – Get Free Report ) last issued its quarterly earnings results on Tuesday, March 11th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.
18 by $0.04. United Natural Foods had a negative net margin of 0.
30% and a positive return on equity of 1.27%. The business had revenue of $8.
16 billion during the quarter, compared to analyst estimates of $7.96 billion. During the same quarter last year, the business posted $0.
07 earnings per share. United Natural Foods’s revenue for the quarter was up 4.9% compared to the same quarter last year.
As a group, equities analysts anticipate that United Natural Foods, Inc. will post 0.76 earnings per share for the current fiscal year.
United Natural Foods Profile ( Free Report ) 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.
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