Senvest Management LLC Has $55.74 Million Holdings in United Natural Foods, Inc. $UNFI

Senvest Management LLC trimmed its holdings in shares of United Natural Foods, Inc. (NYSE:UNFI) by 40.5% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,237,132 shares of the company’s stock after selling 843,432 shares during the period. United Natural Foods makes up 1.8% of Senvest Management LLC’s investment portfolio, making the stock its 24th largest holding. Senvest Management LLC’s holdings in United Natural Foods were worth $55,745,000 as of its most recent SEC filing.

Several other large 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 valued at $26,000. Quarry LP bought a new position in United Natural Foods during the third quarter worth $29,000. Larson Financial Group LLC boosted its stake in United Natural Foods by 4,266.7% during the third quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock worth $30,000 after acquiring an additional 768 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in United Natural Foods in the fourth quarter worth $31,000. Finally, EverSource Wealth Advisors LLC grew its holdings in United Natural Foods by 84.2% in the second quarter. EverSource Wealth Advisors LLC now owns 1,332 shares of the company’s stock worth $31,000 after purchasing an additional 609 shares during the period. Institutional investors and hedge funds own 87.63% of the company’s stock.

Insiders Place Their Bets

In other United Natural Foods news, insider Danielle Benedict sold 4,807 shares of United Natural Foods stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $52.00, for a total transaction of $249,964.00. Following the transaction, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Mark Bushway sold 10,000 shares of the company’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $51.56, for a total transaction of $515,600.00. Following the completion of the sale, the insider owned 51,119 shares of the company’s stock, valued at approximately $2,635,695.64. The trade was a 16.36% decrease in their position. The SEC filing for this sale provides additional information. 2.40% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Roth Capital reiterated a “neutral” rating and set a $43.00 price objective on shares of United Natural Foods in a report on Wednesday, June 10th. BMO Capital Markets restated an “outperform” rating and issued a $56.00 target price on shares of United Natural Foods in a research note on Wednesday, June 10th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $47.00 target price on shares of United Natural Foods in a research report on Wednesday, June 10th. Wall Street Zen lowered United Natural Foods from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Finally, Zacks Research raised United Natural Foods from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 3rd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, United Natural Foods has a consensus rating of “Hold” and an average price target of $47.86.

United Natural Foods Stock Performance

Shares of UNFI opened at $49.65 on Friday. The firm has a market capitalization of $3.00 billion, a P/E ratio of -75.22 and a beta of 0.83. United Natural Foods, Inc. has a 52 week low of $24.88 and a 52 week high of $57.02. The stock has a 50 day moving average price of $49.70 and a two-hundred day moving average price of $44.49. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.51 and a current ratio of 1.33.

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

United Natural Foods Profile

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.