Sustainable Growth Advisers Lp buys $139,804,540 stake in Whole Foods Market (WFM)

Whole Foods Market (WFM) : Sustainable Growth Advisers Lp scooped up 828,443 additional shares in Whole Foods Market during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 4,595,810 shares of Whole Foods Market which is valued at $139,804,540.Whole Foods Market makes up approximately 2.76% of Sustainable Growth Advisers Lp’s portfolio.

Other Hedge Funds, Including , Athena Global Investors reduced its stake in WFM by selling 6,290 shares or 11.44% in the most recent quarter. The Hedge Fund company now holds 48,701 shares of WFM which is valued at $1,481,484. Whole Foods Market makes up approx 2.21% of Athena Global Investors’s portfolio.Glenmede Trust Co Na boosted its stake in WFM in the latest quarter, The investment management firm added 82,961 additional shares and now holds a total of 96,511 shares of Whole Foods Market which is valued at $2,924,283. Whole Foods Market makes up approx 0.02% of Glenmede Trust Co Na’s portfolio.Stoneridge Investment Partners reduced its stake in WFM by selling 139,563 shares or 37.13% in the most recent quarter. The Hedge Fund company now holds 236,301 shares of WFM which is valued at $7,949,166. Whole Foods Market makes up approx 1.12% of Stoneridge Investment Partners’s portfolio.Parkwood reduced its stake in WFM by selling 2,267 shares or 14.75% in the most recent quarter. The Hedge Fund company now holds 13,101 shares of WFM which is valued at $441,766. Whole Foods Market makes up approx 0.07% of Parkwood’s portfolio.

Whole Foods Market opened for trading at $30.9 and hit $31.22 on the upside on Monday, eventually ending the session at $31.13, with a gain of 0.74% or 0.23 points. The heightened volatility saw the trading volume jump to 43,00,624 shares. Company has a market cap of $9,924 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 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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