Alyeska Investment Group buys $158,256,389 stake in Whole Foods Market (WFM)

Whole Foods Market (WFM) : Alyeska Investment Group scooped up 3,826,602 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 15, 2016. The investment management firm now holds a total of 5,121,566 shares of Whole Foods Market which is valued at $158,256,389.Whole Foods Market makes up approximately 1.56% of Alyeska Investment Group’s portfolio.

Other Hedge Funds, Including , Tudor Investment Corp Et Al added WFM to its portfolio by purchasing 8,318 company shares during the most recent quarter which is valued at $257,026. Whole Foods Market makes up approx 0.01% of Tudor Investment Corp Et Al’s portfolio.Thompson Siegel Walmsley boosted its stake in WFM in the latest quarter, The investment management firm added 1,065,283 additional shares and now holds a total of 2,504,192 shares of Whole Foods Market which is valued at $75,877,018. Whole Foods Market makes up approx 1.15% of Thompson Siegel Walmsley’s portfolio.Utah Retirement Systems reduced its stake in WFM by selling 800 shares or 1.36% in the most recent quarter. The Hedge Fund company now holds 58,172 shares of WFM which is valued at $1,768,429. Whole Foods Market makes up approx 0.05% of Utah Retirement Systems’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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