Whole Foods Market, Inc. (WFM) Shares Sold by Norinchukin Bank The

Norinchukin Bank The reduced its position in Whole Foods Market, Inc. (NASDAQ:WFM) by 70.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,176 shares of the company’s stock after selling 52,641 shares during the period. Norinchukin Bank The’s holdings in Whole Foods Market were worth $934,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WFM. AT Bancorp purchased a new position in Whole Foods Market during the second quarter worth $118,000. Westside Investment Management Inc. increased its position 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 buying an additional 3,320 shares in the last quarter. Winslow Evans & Crocker Inc. increased its position 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 buying an additional 2,154 shares in the last quarter. Pacer Advisors Inc. increased its position 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 buying an additional 207 shares in the last quarter. Finally, Baldwin Brothers Inc. MA purchased a new position in Whole Foods Market during the second quarter worth $190,000. 79.18% of the stock is owned by hedge funds and other institutional investors.

Whole Foods Market, Inc. (NASDAQ WFM) opened at 41.99 on Tuesday. Whole Foods Market, Inc. has a 52-week low of $27.67 and a 52-week high of $43.84. The firm has a 50-day moving average price of $41.82 and a 200 day moving average price of $36.34.

Whole Foods Market (NASDAQ:WFM) last announced its quarterly earnings data on Wednesday, July 26th. The company reported $0.36 EPS for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.03. The business had revenue of $3.73 billion during 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 firm’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.37 earnings per share. On average, equities analysts anticipate that Whole Foods Market, Inc. will post $1.33 EPS for the current fiscal year.

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Several research firms have weighed in on WFM. Vetr raised Whole Foods Market from a “strong sell” rating to a “hold” rating and set a $42.27 price target for the company in a research report on Monday, June 19th. BidaskClub raised Whole Foods Market from a “hold” rating to a “buy” rating in a research report on Tuesday, June 13th. Tigress Financial downgraded Whole Foods Market from a “buy” rating to a “neutral” rating in a research report on Monday, August 7th. Citigroup Inc. raised their price target on Whole Foods Market from $33.00 to $36.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 31st. Finally, Wells Fargo & Company downgraded Whole Foods Market from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $45.00 to $42.00 in a research report on Tuesday, July 11th. Four research analysts have rated the stock with a sell rating, twenty have given a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus 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.

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

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