United Natural Foods, Inc. $UNFI Stock Position Lowered by Bridgeway Capital Management LLC

Bridgeway Capital Management LLC lessened its position in United Natural Foods, Inc. (NYSE:UNFI) by 13.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 518,555 shares of the company’s stock after selling 83,370 shares during the period. Bridgeway Capital Management LLC’s holdings in United Natural Foods were worth $17,460,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of UNFI. Cullen Frost Bankers Inc. bought a new stake in shares of United Natural Foods in the 4th quarter worth $26,000. Quarry LP bought a new stake in shares of United Natural Foods in the 3rd quarter worth $29,000. Larson Financial Group LLC raised its stake in shares of United Natural Foods by 4,266.7% in the 3rd quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock worth $30,000 after buying an additional 768 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of United Natural Foods by 84.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,332 shares of the company’s stock worth $31,000 after buying an additional 609 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of United Natural Foods in the 4th quarter worth $31,000. Institutional investors own 87.63% of the company’s stock.

Analyst Upgrades and Downgrades

UNFI has been the topic of a number of research reports. Roth Mkm reissued a “neutral” rating and issued a $43.00 price objective on shares of United Natural Foods in a research note on Wednesday, June 10th. Wall Street Zen downgraded United Natural Foods from a “buy” rating to a “hold” rating in a research note on Monday, May 4th. Wells Fargo & Company raised United Natural Foods from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $40.00 to $56.00 in a research note on Thursday, March 26th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $47.00 target price on shares of United Natural Foods in a research report on Wednesday, June 10th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of United Natural Foods in a research report on Wednesday, April 8th. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $46.38.

Insider Activity

In other news, insider Danielle Benedict sold 4,807 shares of the business’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $52.00, for a total transaction of $249,964.00. Following the sale, the insider directly owned 98,470 shares of the company’s stock, valued at $5,120,440. The trade was a 4.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.40% of the stock is owned by company insiders.

United Natural Foods Stock Up 0.1%

Shares of United Natural Foods stock opened at $49.58 on Thursday. The stock’s fifty day moving average is $49.75 and its 200-day moving average is $41.71. The firm has a market capitalization of $3.00 billion, a PE ratio of -75.12 and a beta of 0.81. The company has a quick ratio of 0.51, a current ratio of 1.33 and a debt-to-equity ratio of 1.04. United Natural Foods, Inc. has a 12-month low of $21.27 and a 12-month high of $57.02.

United Natural Foods (NYSE:UNFI) last announced its earnings results on Tuesday, June 9th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.04). The company had revenue of $7.72 billion for the quarter, compared to analyst estimates of $7.79 billion. United Natural Foods had a positive return on equity of 7.42% and a negative net margin of 0.12%.The firm’s revenue for the quarter was down 4.2% on a year-over-year basis. During the same period last year, the firm earned $0.44 earnings per share. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. Equities analysts anticipate that United Natural Foods, Inc. will post 2.52 earnings per share for the current year.

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.