Simplex Trading Lowers stake in Whole Foods Market (WFM)

Whole Foods Market (WFM) : Simplex Trading reduced its stake in Whole Foods Market by 49.56% during the most recent quarter end. The investment management company now holds a total of 25,252 shares of Whole Foods Market which is valued at $728,773 after selling 24,813 shares in Whole Foods Market , the firm said in a disclosure report filed with the SEC on Oct 7, 2016.Whole Foods Market makes up approximately 0.09% of Simplex Trading’s portfolio.

Other Hedge Funds, Including , Exxonmobil Investment Management Inc Tx reduced its stake in WFM by selling 1,696 shares or 2.04% in the most recent quarter. The Hedge Fund company now holds 81,402 shares of WFM which is valued at $2,349,262. Whole Foods Market makes up approx 0.05% of Exxonmobil Investment Management Inc Tx’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in WFM in the latest quarter, The investment management firm added 71,122 additional shares and now holds a total of 336,984 shares of Whole Foods Market which is valued at $9,422,073. Whole Foods Market makes up approx 0.04% of Bnp Paribas Arbitrage Sa’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.Chevy Chase Trust Holdings reduced its stake in WFM by selling 8,209 shares or 2.98% in the most recent quarter. The Hedge Fund company now holds 267,130 shares of WFM which is valued at $7,468,955. Whole Foods Market makes up approx 0.04% of Chevy Chase Trust Holdings’s portfolio.Independent Portfolio Consultants reduced its stake in WFM by selling 380 shares or 14.34% in the most recent quarter. The Hedge Fund company now holds 2,270 shares of WFM which is valued at $63,469. Whole Foods Market makes up approx 0.02% of Independent Portfolio Consultants’s portfolio.

Whole Foods Market closed down -0.47 points or -1.60% at $28.86 with 66,74,112 shares getting traded on Friday. Post opening the session at $29.54, the shares hit an intraday low of $28.6 and an intraday high of $29.67 and the price fluctuated in this range throughout the day.Shares ended Friday 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 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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