United Natural Foods, Inc. (NYSE:UNFI) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. lessened its holdings in shares of United Natural Foods, Inc. (NYSE:UNFI) by 40.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,856 shares of the company’s stock after selling 13,543 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in United Natural Foods were worth $322,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in UNFI. Quarry LP increased its position in shares of United Natural Foods by 976.1% during the first quarter. Quarry LP now owns 990 shares of the company’s stock worth $26,000 after acquiring an additional 898 shares during the period. Tower Research Capital LLC TRC increased its holdings in United Natural Foods by 66.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 3,531 shares of the company’s stock worth $50,000 after purchasing an additional 1,408 shares during the period. State of Wyoming raised its position in United Natural Foods by 116.2% in the 2nd quarter. State of Wyoming now owns 3,113 shares of the company’s stock valued at $61,000 after purchasing an additional 1,673 shares in the last quarter. EMC Capital Management boosted its stake in shares of United Natural Foods by 17.7% in the 3rd quarter. EMC Capital Management now owns 4,606 shares of the company’s stock valued at $65,000 after buying an additional 691 shares during the period. Finally, Rockefeller Capital Management L.P. acquired a new position in shares of United Natural Foods during the second quarter worth about $109,000. Hedge funds and other institutional investors own 87.63% of the company’s stock.

Insider Transactions at United Natural Foods

In related news, CAO Richard Eric Esper sold 4,375 shares of the company’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $11.35, for a total value of $49,656.25. Following the completion of the sale, the chief accounting officer now owns 32,865 shares in the company, valued at approximately $373,017.75. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 2.10% of the company’s stock.

United Natural Foods Trading Down 0.9 %

NYSE UNFI opened at $9.27 on Monday. The firm’s fifty day moving average price is $12.69 and its 200 day moving average price is $14.42. United Natural Foods, Inc. has a 12 month low of $9.18 and a 12 month high of $28.37. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.53 and a quick ratio of 0.54. The company has a market capitalization of $551.01 million, a price-to-earnings ratio of -4.75 and a beta of 0.55.

United Natural Foods (NYSE:UNFI) last issued its quarterly earnings data on Wednesday, March 6th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.09. The company had revenue of $7.78 billion for the quarter, compared to analyst estimates of $7.87 billion. United Natural Foods had a positive return on equity of 1.20% and a negative net margin of 0.38%. The business’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter last year, the company posted $0.78 earnings per share. On average, sell-side analysts expect that United Natural Foods, Inc. will post 0.01 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

UNFI has been the subject of a number of recent research reports. Wells Fargo & Company decreased their price target on shares of United Natural Foods from $15.00 to $12.00 and set an “underweight” rating for the company in a research note on Thursday, March 7th. Roth Mkm reiterated a “neutral” rating and set a $13.00 target price (down previously from $15.00) on shares of United Natural Foods in a research note on Thursday, March 7th. Finally, StockNews.com lowered United Natural Foods from a “hold” rating to a “sell” rating in a report on Thursday, March 14th. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $13.40.

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.