United Natural Foods (UNFI) : Pekin Singer Strauss Asset Management Il scooped up 295,929 additional shares in United Natural Foods during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 9, 2016. The investment management firm now holds a total of 604,220 shares of United Natural Foods which is valued at $20,458,889.United Natural Foods makes up approximately 4.85% of Pekin Singer Strauss Asset Management Il’s portfolio.
Other Hedge Funds, Including , Commonwealth Of Pennsylvania Public School Empls Retrmt Sys reduced its stake in UNFI by selling 5,558 shares or 38.19% in the most recent quarter. The Hedge Fund company now holds 8,995 shares of UNFI which is valued at $304,571. United Natural Foods makes up approx 0.01% of Commonwealth Of Pennsylvania Public School Empls Retrmt Sys’s portfolio.Municipal Employees’ Retirement System Of Michigan boosted its stake in UNFI in the latest quarter, The investment management firm added 760 additional shares and now holds a total of 16,770 shares of United Natural Foods which is valued at $584,435. United Natural Foods makes up approx 0.04% of Municipal Employees’ Retirement System Of Michigan’s portfolio.Parkside Financial Bank Trust reduced its stake in UNFI by selling 55 shares or 3.68% in the most recent quarter. The Hedge Fund company now holds 1,439 shares of UNFI which is valued at $50,149. United Natural Foods makes up approx 0.02% of Parkside Financial Bank Trust’s portfolio.Arcadia Investment Management Corpmi reduced its stake in UNFI by selling 11,325 shares or 10.31% in the most recent quarter. The Hedge Fund company now holds 98,489 shares of UNFI which is valued at $3,513,103. United Natural Foods makes up approx 1.16% of Arcadia Investment Management Corpmi’s portfolio.Retirement Systems Of Alabama boosted its stake in UNFI in the latest quarter, The investment management firm added 388 additional shares and now holds a total of 64,886 shares of United Natural Foods which is valued at $2,314,484. United Natural Foods makes up approx 0.01% of Retirement Systems Of Alabama’s portfolio.
United Natural Foods closed down -0.22 points or -0.65% at $33.86 with 4,72,644 shares getting traded on Friday. Post opening the session at $34, the shares hit an intraday low of $33.16 and an intraday high of $34.05 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, United Natural Foods reported $0.49 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Mar 7, 2016. Analyst had a consensus of $0.48. The company had revenue of $2047.70 million for the quarter, compared to analysts expectations of $2048.28 million. The company’s revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.65 EPS.
Many Wall Street Analysts have commented on United Natural Foods. United Natural Foods was Initiated by Wells Fargo to “Market Perform” on Apr 15, 2016. United Natural Foods was Downgraded by Morgan Stanley to ” Underweight” on Apr 11, 2016. Company shares were Reiterated by Barclays on Mar 8, 2016 to “Underweight”, Firm has raised the Price Target to $ 33 from a previous price target of $31 .
United Natural Foods Inc. is a distributor of natural organic and specialty foods and non-food products in the United States and Canada. It offers products in six product categories: grocery and general merchandise produce perishables and frozen foods nutritional supplements and sports nutrition bulk and food service products and personal care items. Its operations consist of three operating divisions: wholesale division which includes its natural organic and specialty distribution business in the United States; UNFI Canada which is its natural organic and specialty business in Canada; Albert’s Organics Inc. and Select Nutrition; retail division consisting of EOM which operates its 12 natural products retail stores within the United States; manufacturing division consisting of Woodstock Farms Manufacturing. In July 2014 the Company acquired all of stock of Tony’s Fine Foods making it a wholly-owned subsidiary of the Company.