Commonwealth Equity Services LLC Has $400,000 Stock Holdings in United Natural Foods, Inc. (NYSE:UNFI)

Commonwealth Equity Services LLC reduced its position in shares of United Natural Foods, Inc. (NYSE:UNFI) by 2.6% during the second quarter, Holdings Channel reports. The institutional investor owned 30,507 shares of the company’s stock after selling 810 shares during the period. Commonwealth Equity Services LLC’s holdings in United Natural Foods were worth $400,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Quest Partners LLC bought a new position in shares of United Natural Foods in the 4th quarter worth $35,000. Public Employees Retirement System of Ohio acquired a new position in shares of United Natural Foods during the first quarter valued at about $38,000. Allspring Global Investments Holdings LLC increased its position in shares of United Natural Foods by 317.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 3,634 shares of the company’s stock worth $42,000 after acquiring an additional 2,763 shares in the last quarter. Fidelis Capital Partners LLC acquired a new stake in shares of United Natural Foods in the 1st quarter worth about $42,000. Finally, CWM LLC lifted 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 valued at $43,000 after acquiring an additional 2,879 shares in the last quarter. Institutional investors own 87.63% of the company’s stock.

United Natural Foods Price Performance

UNFI stock opened at $16.28 on Monday. The firm has a 50 day moving average of $14.38 and a 200-day moving average of $12.51. The firm has a market capitalization of $968.17 million, a P/E ratio of -6.76 and a beta of 0.64. United Natural Foods, Inc. has a 12 month low of $8.58 and a 12 month high of $19.93. The company has a current ratio of 1.51, a quick ratio of 0.55 and a debt-to-equity ratio of 1.28.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on UNFI shares. StockNews.com raised 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 target on shares of United Natural Foods from $14.00 to $16.00 and gave the stock a “neutral” rating in a research note on Thursday, June 6th. Finally, Roth Mkm boosted their price objective on United Natural Foods from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Thursday, June 6th. One analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. Based on data from MarketBeat, United Natural Foods currently has a consensus rating of “Hold” and an average target price of $13.60.

About United Natural Foods

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.