Quinn Opportunity Partners LLC Grows Holdings in United Natural Foods, Inc. $UNFI

Quinn Opportunity Partners LLC boosted its position in United Natural Foods, Inc. (NYSE:UNFI) by 26.0% in the third quarter, HoldingsChannel reports. The firm owned 126,000 shares of the company’s stock after buying an additional 26,000 shares during the quarter. Quinn Opportunity Partners LLC’s holdings in United Natural Foods were worth $4,740,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of UNFI. Brighton Jones LLC bought a new stake in United Natural Foods during the fourth quarter worth $656,000. Allianz Asset Management GmbH grew its stake in United Natural Foods by 259.4% in the 3rd quarter. Allianz Asset Management GmbH now owns 226,706 shares of the company’s stock valued at $8,529,000 after purchasing an additional 163,622 shares during the period. Mutual Advisors LLC bought a new position in United Natural Foods in the 3rd quarter valued at $1,387,000. Wedge Capital Management L L P NC purchased a new stake in shares of United Natural Foods during the 3rd quarter valued at $2,588,000. Finally, Towle & Co. purchased a new stake in shares of United Natural Foods during the 3rd quarter valued at $13,724,000. Institutional investors own 87.63% of the company’s stock.

United Natural Foods Trading Up 3.3%

Shares of UNFI opened at $41.67 on Friday. United Natural Foods, Inc. has a fifty-two week low of $20.78 and a fifty-two week high of $43.29. The business has a 50-day moving average of $37.46 and a 200 day moving average of $35.81. The firm has a market cap of $2.53 billion, a P/E ratio of -32.05 and a beta of 1.00. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.50 and a current ratio of 1.33.

United Natural Foods (NYSE:UNFI) last released its quarterly earnings data on Tuesday, March 10th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.51 by $0.11. The business had revenue of $7.95 billion for the quarter, compared to the consensus estimate of $8.11 billion. United Natural Foods had a negative net margin of 0.25% and a positive return on equity of 6.05%. The company’s revenue was down 2.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.22 earnings per share. United Natural Foods has set its FY 2026 guidance at 2.300-2.700 EPS. As a group, research analysts forecast that United Natural Foods, Inc. will post 0.76 EPS for the current year.

Insider Activity at United Natural Foods

In related news, insider Louis Anthony Martin sold 9,439 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $34.67, for a total value of $327,250.13. Following the completion of the transaction, the insider directly owned 81,234 shares of the company’s stock, valued at approximately $2,816,382.78. This trade represents a 10.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Richard Eric Esper sold 4,261 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $33.08, for a total transaction of $140,953.88. Following the completion of the transaction, the chief accounting officer directly owned 37,369 shares of the company’s stock, valued at approximately $1,236,166.52. This trade represents a 10.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

UNFI has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft boosted their price target on shares of United Natural Foods from $40.00 to $46.00 and gave the stock a “hold” rating in a report on Thursday. UBS Group lifted their price objective on shares of United Natural Foods from $42.00 to $44.00 and gave the stock a “neutral” rating in a research report on Wednesday. Wells Fargo & Company boosted their target price on shares of United Natural Foods from $35.00 to $40.00 and gave the company an “equal weight” rating in a research note on Wednesday. Zacks Research downgraded shares of United Natural Foods from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Finally, Roth Mkm restated a “neutral” rating and set a $35.00 price target on shares of United Natural Foods in a research note on Thursday, December 11th. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $41.63.

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.