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Towle & Co. Purchases New Position in United Natural Foods, Inc. $UNFI
Towle & Co. has acquired a new position in United Natural Foods, Inc. (NYSE:UNFI), purchasing 364,818 shares valued at approximately $13.72 million, making it their fourth-largest holding. The company’s stock currently has a “Hold” consensus rating with a target price of $38.78 from Wall Street analysts, despite beating EPS estimates but slightly missing revenue in its latest quarter. Insider selling has recently occurred, while institutional ownership stands at about 87.6%.