Webster Bank N. A. Lowers stake in Whole Foods Market (WFM)

Whole Foods Market (WFM) : Webster Bank N. A. reduced its stake in Whole Foods Market by 33.15% during the most recent quarter end. The investment management company now holds a total of 20,991 shares of Whole Foods Market which is valued at $602,862 after selling 10,411 shares in Whole Foods Market , the firm said in a disclosure report filed with the SEC on Oct 14, 2016.Whole Foods Market makes up approximately 0.09% of Webster Bank N. A.’s portfolio.

Other Hedge Funds, Including , Dalton Greiner Hartman Maher Co reduced its stake in WFM by selling 2,248 shares or 15.18% in the most recent quarter. The Hedge Fund company now holds 12,558 shares of WFM which is valued at $359,787. Whole Foods Market makes up approx 0.02% of Dalton Greiner Hartman Maher Co’s portfolio.Creative Planning boosted its stake in WFM in the latest quarter, The investment management firm added 5,566 additional shares and now holds a total of 28,833 shares of Whole Foods Market which is valued at $823,470. Whole Foods Market makes up approx 0.01% of Creative Planning’s portfolio.Dynamic Advisors Solutions reduced its stake in WFM by selling 2,038 shares or 4.99% in the most recent quarter. The Hedge Fund company now holds 38,786 shares of WFM which is valued at $1,115,873. Whole Foods Market makes up approx 0.43% of Dynamic Advisors Solutions’s portfolio.Acropolis Investment Management boosted its stake in WFM in the latest quarter, The investment management firm added 2,075 additional shares and now holds a total of 34,455 shares of Whole Foods Market which is valued at $963,362. Whole Foods Market makes up approx 0.18% of Acropolis Investment Management’s portfolio.

Whole Foods Market opened for trading at $28.77 and hit $28.79 on the upside on Friday, eventually ending the session at $28.72, with a gain of 0.24% or 0.07 points. The heightened volatility saw the trading volume jump to 48,12,271 shares. Company has a market cap of $9,156 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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