1,575 Shares in United Natural Foods, Inc. (NYSE:UNFI) Bought by Wipfli Financial Advisors LLC

Wipfli Financial Advisors LLC acquired a new position in United Natural Foods, Inc. (NYSE:UNFIGet Rating) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,575 shares of the company’s stock, valued at approximately $54,000.

A number of other large investors have also recently bought and sold shares of UNFI. JPMorgan Chase & Co. boosted its holdings in United Natural Foods by 40.9% in the first quarter. JPMorgan Chase & Co. now owns 357,350 shares of the company’s stock worth $14,776,000 after purchasing an additional 103,800 shares in the last quarter. Raymond James & Associates boosted its holdings in United Natural Foods by 12.8% in the first quarter. Raymond James & Associates now owns 19,689 shares of the company’s stock worth $814,000 after purchasing an additional 2,239 shares in the last quarter. MetLife Investment Management LLC boosted its holdings in United Natural Foods by 58.2% in the first quarter. MetLife Investment Management LLC now owns 30,238 shares of the company’s stock worth $1,250,000 after purchasing an additional 11,130 shares in the last quarter. Rhumbline Advisers boosted its holdings in United Natural Foods by 2.7% in the first quarter. Rhumbline Advisers now owns 157,010 shares of the company’s stock worth $6,492,000 after purchasing an additional 4,192 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in United Natural Foods by 17.6% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 50,075 shares of the company’s stock worth $2,071,000 after purchasing an additional 7,486 shares in the last quarter. 85.63% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CAO Richard Eric Esper sold 5,250 shares of the stock in a transaction dated Monday, December 19th. The shares were sold at an average price of $38.00, for a total value of $199,500.00. Following the completion of the transaction, the chief accounting officer now owns 30,303 shares of the company’s stock, valued at $1,151,514. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.00% of the stock is owned by company insiders.

United Natural Foods Stock Up 0.9 %

Shares of UNFI opened at $41.11 on Monday. The company has a 50-day simple moving average of $42.21 and a 200-day simple moving average of $41.90. The firm has a market capitalization of $2.46 billion, a P/E ratio of 10.60 and a beta of 1.10. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.63 and a current ratio of 1.70. United Natural Foods, Inc. has a 52 week low of $32.90 and a 52 week high of $49.56.

United Natural Foods declared that its board has initiated a stock buyback program on Tuesday, September 27th that allows the company to repurchase $200.00 million in shares. This repurchase authorization allows the company to buy up to 9% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

UNFI has been the subject of a number of recent analyst reports. Wells Fargo & Company decreased their price target on shares of United Natural Foods from $45.00 to $40.00 and set an “equal weight” rating for the company in a report on Wednesday, September 28th. StockNews.com initiated coverage on shares of United Natural Foods in a report on Wednesday, October 12th. They set a “buy” rating for the company. Deutsche Bank Aktiengesellschaft upped their price target on shares of United Natural Foods from $46.00 to $47.00 and gave the company a “hold” rating in a report on Tuesday, November 29th. UBS Group decreased their price target on shares of United Natural Foods from $50.00 to $48.00 and set a “buy” rating for the company in a report on Friday, January 6th. Finally, MKM Partners decreased their price target on shares of United Natural Foods from $69.00 to $63.00 and set a “buy” rating for the company in a report on Wednesday, September 28th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $47.17.

United Natural Foods Profile

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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, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items.

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

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