James Pappas Buys 2,000 Shares of United Natural Foods (NYSE:UNFI) Stock

United Natural Foods, Inc. (NYSE:UNFI) Director James Pappas acquired 2,000 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was acquired at an average price of $33.30 per share, for a total transaction of $66,600.00. Following the completion of the transaction, the director owned 194,178 shares in the company, valued at approximately $6,466,127.40. The trade was a 1.04% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

United Natural Foods Price Performance

Shares of United Natural Foods stock opened at $33.33 on Tuesday. The company has a quick ratio of 0.50, a current ratio of 1.38 and a debt-to-equity ratio of 1.25. The company has a market cap of $2.03 billion, a PE ratio of -20.08 and a beta of 0.86. The business has a 50 day moving average of $35.40 and a 200 day moving average of $31.77. United Natural Foods, Inc. has a 52 week low of $20.78 and a 52 week high of $43.29.

United Natural Foods (NYSE:UNFI) last issued its quarterly earnings results on Tuesday, December 2nd. The company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.17. United Natural Foods had a positive return on equity of 4.35% and a negative net margin of 0.32%.The firm had revenue of $7.84 billion for the quarter, compared to analysts’ expectations of $7.91 billion. During the same period in the previous year, the firm posted $0.16 EPS. The business’s revenue for the quarter was down .4% compared to the same quarter last year. United Natural Foods has set its FY 2026 guidance at 1.500-2.300 EPS. As a group, equities research analysts forecast that United Natural Foods, Inc. will post 0.76 earnings per share for the current year.

Institutional Investors Weigh In On United Natural Foods

Hedge funds have recently added to or reduced their stakes in the stock. CIBC Bancorp USA Inc. bought a new position in shares of United Natural Foods during the 3rd quarter valued at $241,000. CANADA LIFE ASSURANCE Co increased its position in United Natural Foods by 3.6% during the third quarter. CANADA LIFE ASSURANCE Co now owns 60,651 shares of the company’s stock valued at $2,282,000 after acquiring an additional 2,106 shares during the last quarter. Caxton Associates LLP lifted its holdings in United Natural Foods by 36.9% in the third quarter. Caxton Associates LLP now owns 130,234 shares of the company’s stock valued at $4,899,000 after acquiring an additional 35,127 shares during the period. XTX Topco Ltd purchased a new position in United Natural Foods in the third quarter worth about $883,000. Finally, Quarry LP bought a new stake in shares of United Natural Foods during the 3rd quarter valued at about $29,000. 87.63% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently commented on UNFI. Roth Capital reissued a “neutral” rating and set a $35.00 price objective on shares of United Natural Foods in a research report on Thursday, December 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of United Natural Foods in a report on Tuesday, October 14th. Zacks Research raised shares of United Natural Foods from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 30th. BMO Capital Markets reaffirmed an “outperform” rating on shares of United Natural Foods in a research report on Thursday, December 11th. Finally, Wells Fargo & Company cut their target price on United Natural Foods from $37.00 to $35.00 and set an “equal weight” rating on the stock in a research note on Friday, December 19th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $37.00.

About United Natural Foods

United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.

UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.