Public Sector Pension Investment Board Buys 7,496 Shares of United Natural Foods, Inc. (NYSE:UNFI)

Public Sector Pension Investment Board grew its stake in shares of United Natural Foods, Inc. (NYSE:UNFI) by 6.1% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 130,775 shares of the company’s stock after acquiring an additional 7,496 shares during the period. Public Sector Pension Investment Board’s holdings in United Natural Foods were worth $1,713,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. nVerses Capital LLC bought a new stake in shares of United Natural Foods during the second quarter valued at about $28,000. CWM LLC increased its position in shares of United Natural Foods by 661.8% during the second quarter. CWM LLC now owns 3,314 shares of the company’s stock valued at $43,000 after buying an additional 2,879 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of United Natural Foods during the first quarter valued at about $38,000. Allspring Global Investments Holdings LLC grew its holdings 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 purchasing an additional 2,763 shares in the last quarter. Finally, Fidelis Capital Partners LLC purchased a new position in shares of United Natural Foods during the first quarter worth about $42,000. 87.63% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. UBS Group boosted 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. StockNews.com raised United Natural Foods from a “sell” rating to a “hold” rating in a report on Thursday, June 13th. Finally, Roth Mkm boosted their price objective on United Natural Foods from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Thursday, June 6th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $13.75.

United Natural Foods Stock Up 0.7 %

Shares of UNFI opened at $16.85 on Tuesday. The firm has a market cap of $1.00 billion, a P/E ratio of -6.99 and a beta of 0.64. The stock has a 50 day simple moving average of $14.73 and a two-hundred day simple moving average of $12.72. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.51 and a quick ratio of 0.55. United Natural Foods, Inc. has a 1 year low of $8.58 and a 1 year high of $17.33.

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.