Texas Permanent School Fund Corp Grows Stock Holdings in United Natural Foods, Inc. (NYSE:UNFI)

Texas Permanent School Fund Corp lifted its position in United Natural Foods, Inc. (NYSE:UNFI) by 27.3% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 65,857 shares of the company’s stock after buying an additional 14,140 shares during the quarter. Texas Permanent School Fund Corp’s holdings in United Natural Foods were worth $863,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of UNFI. Vanguard Group Inc. increased its position in shares of United Natural Foods by 4.4% during the first quarter. Vanguard Group Inc. now owns 7,587,059 shares of the company’s stock worth $87,175,000 after acquiring an additional 321,020 shares during the period. Private Management Group Inc. raised its position in United Natural Foods by 49.5% in the 2nd quarter. Private Management Group Inc. now owns 1,773,670 shares of the company’s stock valued at $23,235,000 after purchasing an additional 587,163 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of United Natural Foods by 18.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 745,628 shares of the company’s stock valued at $12,102,000 after buying an additional 115,308 shares during the period. Bragg Financial Advisors Inc grew its position in shares of United Natural Foods by 0.8% during the fourth quarter. Bragg Financial Advisors Inc now owns 407,728 shares of the company’s stock worth $6,617,000 after buying an additional 3,391 shares in the last quarter. Finally, Panagora Asset Management Inc. increased its stake in shares of United Natural Foods by 4.0% during the second quarter. Panagora Asset Management Inc. now owns 343,052 shares of the company’s stock worth $4,494,000 after buying an additional 13,165 shares during the period. Institutional investors and hedge funds own 87.63% of the company’s stock.

United Natural Foods Trading Up 3.0 %

Shares of United Natural Foods stock opened at $16.28 on Friday. The firm has a market cap of $968.17 million, a price-to-earnings ratio of -6.80 and a beta of 0.64. United Natural Foods, Inc. has a 52-week low of $8.58 and a 52-week high of $19.93. The company’s 50-day simple moving average is $14.31 and its 200-day simple moving average 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.

Wall Street Analyst Weigh In

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

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.