Folger Nolan Fleming Douglas Capital Management Inc. Has $924,000 Holdings in Whole Foods Market, Inc. (WFM)

Folger Nolan Fleming Douglas Capital Management Inc. cut its position in shares of Whole Foods Market, Inc. (NASDAQ:WFM) by 9.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,950 shares of the company’s stock after selling 2,250 shares during the period. Folger Nolan Fleming Douglas Capital Management Inc.’s holdings in Whole Foods Market were worth $924,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of WFM. AT Bancorp purchased a new position in Whole Foods Market during the second quarter worth about $118,000. Westside Investment Management Inc. raised its stake in Whole Foods Market by 406.4% during the first quarter. Westside Investment Management Inc. now owns 4,137 shares of the company’s stock worth $125,000 after purchasing an additional 3,320 shares during the period. Winslow Evans & Crocker Inc. raised its stake in Whole Foods Market by 169.1% during the second quarter. Winslow Evans & Crocker Inc. now owns 3,428 shares of the company’s stock worth $132,000 after purchasing an additional 2,154 shares during the period. Pacer Advisors Inc. raised its stake in Whole Foods Market by 3.4% during the first quarter. Pacer Advisors Inc. now owns 6,212 shares of the company’s stock worth $185,000 after purchasing an additional 207 shares during the period. Finally, Baldwin Brothers Inc. MA purchased a new position in Whole Foods Market during the second quarter worth about $190,000. 79.18% of the stock is currently owned by institutional investors.

Whole Foods Market, Inc. (NASDAQ:WFM) remained flat at $41.99 on Friday. The company had a trading volume of 760,065 shares. Whole Foods Market, Inc. has a 12 month low of $27.67 and a 12 month high of $43.84. The stock’s 50 day moving average is $41.82 and its 200-day moving average is $36.15.

Whole Foods Market (NASDAQ:WFM) last posted its quarterly earnings data on Wednesday, July 26th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.03. The company had revenue of $3.73 billion for the quarter, compared to analyst estimates of $3.72 billion. Whole Foods Market had a net margin of 2.85% and a return on equity of 13.51%. The business’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter last year, the firm posted $0.37 earnings per share. Equities analysts predict that Whole Foods Market, Inc. will post $1.33 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “Folger Nolan Fleming Douglas Capital Management Inc. Has $924,000 Holdings in Whole Foods Market, Inc. (WFM)” was first published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this piece on another domain, it was illegally copied and republished in violation of international trademark and copyright legislation. The legal version of this piece can be viewed at https://www.chaffeybreeze.com/2017/09/15/folger-nolan-fleming-douglas-capital-management-inc-has-924000-holdings-in-whole-foods-market-inc-wfm.html.

A number of equities research analysts have recently issued reports on WFM shares. Vetr downgraded shares of Whole Foods Market to a “sell” rating in a research note on Tuesday, June 20th. Oppenheimer Holdings, Inc. reissued an “outperform” rating and issued a $45.00 price target on shares of Whole Foods Market in a research note on Tuesday, June 20th. SunTrust Banks, Inc. downgraded shares of Whole Foods Market from a “buy” rating to a “hold” rating and boosted their price target for the company from $40.00 to $42.00 in a research note on Tuesday, June 20th. Jefferies Group LLC reissued a “hold” rating and issued a $42.00 price target (up from $39.00) on shares of Whole Foods Market in a research note on Friday, June 23rd. Finally, Gordon Haskett downgraded shares of Whole Foods Market from a “buy” rating to a “hold” rating and set a $42.00 price target on the stock. in a research note on Monday, June 26th. Four equities research analysts have rated the stock with a sell rating, twenty have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $37.76.

About Whole Foods Market

Whole Foods Market, Inc is engaged in the business of natural and organic foods supermarket. The Company operates approximately 456 stores in the United States, Canada and the United Kingdom. Its stores have an average size of approximately 39,000 square feet, and are supported by its distribution centers, bake house facilities, commissary kitchens, seafood-processing facilities, a produce procurement center, and a specialty coffee and tea procurement and roasting operation, among others.

Want to see what other hedge funds are holding WFM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Whole Foods Market, Inc. (NASDAQ:WFM).

Institutional Ownership by Quarter for Whole Foods Market (NASDAQ:WFM)

Receive News & Ratings for Whole Foods Market Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whole Foods Market Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply