LSV Asset Management Has $155,000 Holdings in United Natural Foods, Inc. (NYSE:UNFI)

LSV Asset Management reduced its position in United Natural Foods, Inc. (NYSE:UNFI) by 67.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 11,800 shares of the company’s stock after selling 24,620 shares during the quarter. LSV Asset Management’s holdings in United Natural Foods were worth $155,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. nVerses Capital LLC acquired a new position in United Natural Foods in the 2nd quarter worth about $28,000. Quest Partners LLC acquired a new position in United Natural Foods in the 4th quarter worth about $35,000. Spire Wealth Management increased its position in United Natural Foods by 68.2% in the 1st quarter. Spire Wealth Management now owns 3,230 shares of the company’s stock worth $37,000 after purchasing an additional 1,310 shares during the last quarter. CWM LLC increased its position in United Natural Foods by 661.8% in the 2nd quarter. CWM LLC now owns 3,314 shares of the company’s stock worth $43,000 after purchasing an additional 2,879 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in United Natural Foods in the 1st quarter worth about $38,000. 87.63% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Roth Mkm increased their price objective 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 increased their price objective on United Natural Foods from $14.00 to $16.00 and gave the company a “neutral” rating in a report on Thursday, June 6th. Finally, StockNews.com raised United Natural Foods from a “sell” rating to a “hold” rating in a report on Thursday, June 13th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $13.60.

United Natural Foods Stock Performance

UNFI opened at $15.25 on Friday. The firm has a market capitalization of $906.92 million, a P/E ratio of -6.33 and a beta of 0.64. The stock’s 50 day moving average price is $13.97 and its two-hundred day moving average price is $12.52. The company has a quick ratio of 0.55, a current ratio of 1.51 and a debt-to-equity ratio of 1.28. United Natural Foods, Inc. has a 12-month low of $8.58 and a 12-month high of $19.93.

United Natural Foods 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.