Hussman Strategic Advisors adds Whole Foods Market (WFM) to its portfolio

Whole Foods Market (WFM) : Hussman Strategic Advisors added new position in Whole Foods Market during the most recent quarter end. The investment management firm now holds 4,500 shares of Whole Foods Market which is valued at $136,800 , the company said in a statement filed on Aug 1, 2016 with the SEC.Whole Foods Market makes up approximately 0.02% of Hussman Strategic Advisors’s portfolio.

Other Hedge Funds, Including , Riverbridge Partners reduced its stake in WFM by selling 8,296 shares or 2.14% in the most recent quarter. The Hedge Fund company now holds 379,327 shares of WFM which is valued at $11,531,541. Whole Foods Market makes up approx 0.23% of Riverbridge Partners’s portfolio.Pitcairn Co boosted its stake in WFM in the latest quarter, The investment management firm added 63 additional shares and now holds a total of 15,469 shares of Whole Foods Market which is valued at $520,377. Whole Foods Market makes up approx 0.07% of Pitcairn Co’s portfolio.Farmers Merchants Investments Inc reduced its stake in WFM by selling 368 shares or 0.99% in the most recent quarter. The Hedge Fund company now holds 36,886 shares of WFM which is valued at $1,218,713. Whole Foods Market makes up approx 0.13% of Farmers Merchants Investments Inc’s portfolio.Acropolis Investment Management boosted its stake in WFM in the latest quarter, The investment management firm added 1,080 additional shares and now holds a total of 32,380 shares of Whole Foods Market which is valued at $1,080,844. Whole Foods Market makes up approx 0.20% of Acropolis Investment Management’s portfolio. Raymond James Trust N.a. added WFM to its portfolio by purchasing 6,383 company shares during the most recent quarter which is valued at $214,341. Whole Foods Market makes up approx 0.02% of Raymond James Trust N.a.’s portfolio.

Whole Foods Market closed down -0.01 points or -0.03% at $30.39 with 53,00,373 shares getting traded on Thursday. Post opening the session at $30.78, the shares hit an intraday low of $30.12 and an intraday high of $30.93 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

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 Company’s 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 Company’s 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 Company’s 365 and 365 Organic Everyday Day Value brands account for approximately half of its brand items.

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