Whole Foods Market (WFM) : Capital Investment Counsel Inc reduced its stake in Whole Foods Market by 4.74% during the most recent quarter end. The investment management company now holds a total of 132,900 shares of Whole Foods Market which is valued at $4,106,610 after selling 6,606 shares in Whole Foods Market , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Whole Foods Market makes up approximately 2.04% of Capital Investment Counsel Inc’s portfolio.
Other Hedge Funds, Including , Alliancebernstein boosted its stake in WFM in the latest quarter, The investment management firm added 2,558 additional shares and now holds a total of 588,432 shares of Whole Foods Market which is valued at $18,182,549. Whole Foods Market makes up approx 0.02% of Alliancebernstein’s portfolio.Blackrock Advisors reduced its stake in WFM by selling 49,268 shares or 3.45% in the most recent quarter. The Hedge Fund company now holds 1,378,779 shares of WFM which is valued at $42,604,271. Whole Foods Market makes up approx 0.04% of Blackrock Advisors’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.Rathbone Brothers Plc reduced its stake in WFM by selling 100 shares or 0.51% in the most recent quarter. The Hedge Fund company now holds 19,464 shares of WFM which is valued at $591,706. Whole Foods Market makes up approx 0.03% of Rathbone Brothers Plc’s portfolio.Reilly Financial Advisors boosted its stake in WFM in the latest quarter, The investment management firm added 352 additional shares and now holds a total of 878 shares of Whole Foods Market which is valued at $26,691.
Whole Foods Market closed down -0.45 points or -1.45% at $30.56 with 55,37,963 shares getting traded on Tuesday. Post opening the session at $31.19, the shares hit an intraday low of $30.52 and an intraday high of $31.35 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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 Companys 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 Companys 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 Companys 365 and 365 Organic Everyday Day Value brands account for approximately half of its brand items.