Huntington National Bank continued to hold its position in Whole Foods Market Inc. (NASDAQ:WFM) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,183 shares of the company’s stock at the end of the second quarter. Huntington National Bank’s holdings in Whole Foods Market were worth $5,426,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of WFM. Geode Capital Management LLC increased its stake in shares of Whole Foods Market by 0.7% in the first quarter. Geode Capital Management LLC now owns 2,877,225 shares of the company’s stock valued at $89,343,000 after buying an additional 20,955 shares during the period. Canada Pension Plan Investment Board increased its stake in shares of Whole Foods Market by 283.7% in the first quarter. Canada Pension Plan Investment Board now owns 39,729 shares of the company’s stock valued at $1,236,000 after buying an additional 29,375 shares during the period. Simmons Bank purchased a new stake in shares of Whole Foods Market during the first quarter valued at about $439,000. Robecosam AG increased its stake in shares of Whole Foods Market by 23.6% in the first quarter. Robecosam AG now owns 106,204 shares of the company’s stock valued at $3,385,000 after buying an additional 20,301 shares during the period. Finally, Pioneer Investment Management Inc. increased its stake in shares of Whole Foods Market by 250.7% in the fourth quarter. Pioneer Investment Management Inc. now owns 403,026 shares of the company’s stock valued at $13,501,000 after buying an additional 288,102 shares during the period. 86.52% of the stock is currently owned by institutional investors.

Whole Foods Market Inc. (NASDAQ:WFM) traded down 1.26% during mid-day trading on Tuesday, hitting $28.22. 3,883,763 shares of the stock traded hands. The firm has a market cap of $9.00 billion, a P/E ratio of 20.01 and a beta of 0.74. Whole Foods Market Inc. has a 52 week low of $27.67 and a 52 week high of $35.58. The firm’s 50-day moving average price is $30.00 and its 200-day moving average price is $31.33.

Whole Foods Market (NASDAQ:WFM) last released its quarterly earnings data on Wednesday, July 27th. The company reported $0.37 earnings per share for the quarter, hitting the consensus estimate of $0.37. The company had revenue of $3.70 billion for the quarter, compared to analyst estimates of $3.73 billion. Whole Foods Market had a net margin of 3.03% and a return on equity of 15.55%. Whole Foods Market’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.43 EPS. On average, equities analysts forecast that Whole Foods Market Inc. will post $1.51 earnings per share for the current fiscal year.

A number of equities analysts have recently weighed in on WFM shares. Vetr raised shares of Whole Foods Market from a “hold” rating to a “buy” rating and set a $31.97 price target on the stock in a research note on Monday, August 29th. Goldman Sachs Group Inc. reaffirmed a “sell” rating and issued a $28.00 price target (down from $31.00) on shares of Whole Foods Market in a research note on Tuesday, September 13th. Citigroup Inc. dropped their price target on shares of Whole Foods Market from $33.00 to $30.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 13th. Credit Suisse Group AG reaffirmed an “outperform” rating on shares of Whole Foods Market in a research note on Wednesday, July 6th. Finally, Pivotal Research reaffirmed a “sell” rating and issued a $20.00 price target on shares of Whole Foods Market in a research note on Wednesday, July 27th. Seven equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating, six have issued a buy rating and three have issued a strong buy rating to the stock. Whole Foods Market has an average rating of “Hold” and an average price target of $30.29.

In related news, Director Shahid M. Hassan sold 7,916 shares of Whole Foods Market stock in a transaction dated Friday, September 16th. The shares were sold at an average price of $28.41, for a total transaction of $224,893.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.09% of the company’s stock.

About Whole Foods Market

Whole Foods Market, Inc is engaged in operating natural and organic foods supermarkets. The Company’s brands include Allegro Coffee, Whole Foods Market, Whole Paws and Engine 2 Plant-Strong. As of April 10, 2016, the Company operated 441 stores, which include 421 stores in 42 states in the United States and the District of Columbia, 11 stores in Canada, and 9 stores in the United Kingdom.

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