United Natural Foods (NYSE:UNFI) Share Price Falls 3.3%

United Natural Foods, Inc. stock price (NYSE:UNFI – Get Free Report ) was trading down 3.3% during mid-day trading on Wednesday. The company traded as high as $15.39 and last traded at $15.39. 77,525 shares traded hands during mid-day trading, down 88% from the session’s average volume of 644,752 shares. Shares previously closed at $15.92.

Changes in Analyst Ratings

UNFI has been the subject of several research analyst reports. Roth Mkm upped their target price on United Natural Foods from $13.00 to $14.00 and gave the company a “neutral” rating in a report on Thursday, June 6th. UBS Group upped their price objective on shares of United Natural Foods from $14.00 to $16.00 and gave the stock a “neutral” rating in a research report on Thursday, June 6th. Finally, StockNews.com raised shares of United Natural Foods from a “sell” rating to a “hold” rating in a research report on Thursday, June 13th. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the company. United Natural Foods currently has an average rating of “Hold” and an average target price of $13.60, according to MarketBeat.com.

Read the latest United Natural Foods stock report

United Natural Foods trading down 2.9%

The stock has a market cap of $919.41 million, a PE ratio of -6.61 and a beta of 0.64. The company has a quick ratio of 0.55, a current ratio of 1.51, and a debt-to-equity ratio of 1.28. The company’s fifty day moving average is $14.09 and its 200 day moving average is $12.47.

Institutional Trading of United Natural Foods

Several hedge funds and other institutional investors have recently bought and sold shares of the company. nVerses Capital LLC acquired a new position in shares of United Natural Foods in the second quarter valued at about $28,000. Quest Partners LLC acquired a new stake in United Natural Foods in the 4th quarter valued at about $35,000. Spire Wealth Management boosted its holdings in United Natural Foods by 68.2% in the first quarter. Spire Wealth Management now owns 3,230 shares of the company’s stock valued at $37,000 after acquiring an additional 1,310 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of United Natural Foods in the first quarter valued at approximately $38,000. Finally, Fidelis Capital Partners LLC purchased a new position in shares of United Natural Foods in the first quarter worth approximately $42,000. 87.63% of the shares are held by hedge funds and other institutional investors.

United Natural Foods Company Profile

(Get a free report)

United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, food, and conventional food 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, grocery, perishable and frozen foods, wellness and personal care, and bulk and foodservice products.

Read more

Get news and ratings for United Natural Foods daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for United Natural Foods and related companies with MarketBeat.com ‘s FREE daily email newsletter.