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

Whole Foods Market (WFM) : Schonfeld Strategic Advisors added new position in Whole Foods Market during the most recent quarter end. The investment management firm now holds 136,099 shares of Whole Foods Market which is valued at $4,205,459 , the company said in a statement filed on Aug 15, 2016 with the SEC.Whole Foods Market makes up approximately 0.88% of Schonfeld Strategic Advisors’s portfolio.

Other Hedge Funds, Including , Oasis Management Co Ltd. added WFM to its portfolio by purchasing 2,000 company shares during the most recent quarter which is valued at $61,800. Whole Foods Market makes up approx 0.06% of Oasis Management Co Ltd.’s portfolio. Scotia Capital added WFM to its portfolio by purchasing 7,342 company shares during the most recent quarter which is valued at $226,868.Evercore Wealth Management reduced its stake in WFM by selling 197 shares or 49.87% in the most recent quarter. The Hedge Fund company now holds 198 shares of WFM which is valued at $6,019. Cribstone Capital Management added WFM to its portfolio by purchasing 1,094 company shares during the most recent quarter which is valued at $36,146. Whole Foods Market makes up approx 0.02% of Cribstone Capital Management’s portfolio.

Whole Foods Market opened for trading at $30.47 and hit $30.62 on the upside on Thursday, eventually ending the session at $30.56, with a gain of 0.59% or 0.18 points. The heightened volatility saw the trading volume jump to 26,83,672 shares. Company has a market cap of $9,743 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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