Whole Foods Market (WFM) : Holland Capital Management reduced its stake in Whole Foods Market by 11.01% during the most recent quarter end. The investment management company now holds a total of 1,441,204 shares of Whole Foods Market which is valued at $44,533,204 after selling 178,358 shares in Whole Foods Market , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Whole Foods Market makes up approximately 1.65% of Holland Capital Management’s portfolio.
Other Hedge Funds, Including , Blackrock Group Ltd boosted its stake in WFM in the latest quarter, The investment management firm added 20,749 additional shares and now holds a total of 3,000,400 shares of Whole Foods Market which is valued at $92,712,360. Whole Foods Market makes up approx 0.05% of Blackrock Group Ltd’s portfolio.Tci Wealth Advisors boosted its stake in WFM in the latest quarter, The investment management firm added 153 additional shares and now holds a total of 313 shares of Whole Foods Market which is valued at $9,521. Whole Foods Market makes up approx 0.01% of Tci Wealth Advisors’s portfolio. Wedbush Securities Inc added WFM to its portfolio by purchasing 7,921 company shares during the most recent quarter which is valued at $240,798. Whole Foods Market makes up approx 0.04% of Wedbush Securities Inc’s portfolio.Northstar Group reduced its stake in WFM by selling 1,594 shares or 5.78% in the most recent quarter. The Hedge Fund company now holds 26,001 shares of WFM which is valued at $877,794. Whole Foods Market makes up approx 0.64% of Northstar Group’s portfolio.
Whole Foods Market opened for trading at $30.2 and hit $30.5 on the upside on Friday, eventually ending the session at $30.28, with a gain of 0.23% or 0.07 points. The heightened volatility saw the trading volume jump to 68,70,862 shares. Company has a market cap of $9,653 M.
On the company’s financial health, Whole Foods Market reported $0.37 EPS for the quarter, based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus estimate of $0.37. The company had revenue of $3703.00 million for the quarter, compared to analysts expectations of $3719.95 million. The company’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS.
Many Wall Street Analysts have commented on Whole Foods Market. Company shares were Reiterated by Deutsche Bank on Jul 28, 2016 to “Hold”, Firm has raised the Price Target to $ 32 from a previous price target of $28 .Whole Foods Market was Downgraded by Goldman to ” Sell” on Jul 26, 2016. Whole Foods Market was Upgraded by Macquarie to ” Outperform” on Jul 25, 2016.
Whole Foods Market Inc. (Whole Foods Market) is a retailer of natural and organic foods and grocer. The Company has one operating segment natural and organic foods supermarkets. As of September 29 2013 Whole Foods Market operated 362 stores in the United States Canada and the United Kingdom. The Companys offices are supported by its headquarters regional offices distribution centers bakehouse facilities commissary kitchens seafood-processing facilities meat and produce procurement centers and a specialty coffee and tea procurement and roasting operation. The Companys product selection includes grocery meat seafood bakery prepared foods and catering coffee tea beer wine cheese nutritional supplements vitamins body care and lifestyle products including books pet products and household products. The Companys 365 and 365 Organic Everyday Day Value brands account for approximately half of its brand items.