Whole Foods Market (WFM) : Equity Investment Corpga reduced its stake in Whole Foods Market by 3.83% during the most recent quarter end. The investment management company now holds a total of 2,473,297 shares of Whole Foods Market which is valued at $75,188,229 after selling 98,616 shares in Whole Foods Market , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Whole Foods Market makes up approximately 2.26% of Equity Investment Corpga’s portfolio.
Other Hedge Funds, Including , Mitsubishi Ufj Kokusai Asset Management Ltd. reduced its stake in WFM by selling 996 shares or 2.01% in the most recent quarter. The Hedge Fund company now holds 48,481 shares of WFM which is valued at $1,473,822. Whole Foods Market makes up approx 0.04% of Mitsubishi Ufj Kokusai Asset Management Ltd.’s portfolio.Tocqueville Asset Management boosted its stake in WFM in the latest quarter, The investment management firm added 36,047 additional shares and now holds a total of 241,817 shares of Whole Foods Market which is valued at $7,370,582. Whole Foods Market makes up approx 0.09% of Tocqueville Asset Management’s portfolio.Umb Bank N Amo reduced its stake in WFM by selling 270 shares or 2.53% in the most recent quarter. The Hedge Fund company now holds 10,391 shares of WFM which is valued at $349,553. Whole Foods Market makes up approx 0.01% of Umb Bank N Amo’s portfolio.Rs Investment Management Co reduced its stake in WFM by selling 44,700 shares or 24.07% in the most recent quarter. The Hedge Fund company now holds 141,040 shares of WFM which is valued at $4,744,586. Whole Foods Market makes up approx 0.05% of Rs Investment Management Co’s portfolio.
Whole Foods Market opened for trading at $30.25 and hit $30.71 on the upside on Monday, eventually ending the session at $30.64, with a gain of 1.12% or 0.34 points. The heightened volatility saw the trading volume jump to 53,37,125 shares. Company has a market cap of $9,836 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 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.