Vanguard Group Inc. decreased its stake in shares of Whole Foods Market Inc. (NASDAQ:WFM) by 0.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,074,612 shares of the company’s stock after selling 107,919 shares during the period. Vanguard Group Inc. owned approximately 9.12% of Whole Foods Market worth $930,969,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Tobam raised its position in shares of Whole Foods Market by 12.1% in the first quarter. Tobam now owns 2,399,298 shares of the company’s stock worth $74,642,000 after buying an additional 258,243 shares in the last quarter. Impax Asset Management LTD raised its position in shares of Whole Foods Market by 3.8% in the first quarter. Impax Asset Management LTD now owns 96,000 shares of the company’s stock worth $2,987,000 after buying an additional 3,500 shares in the last quarter. FDO Partners LLC purchased a new position in shares of Whole Foods Market during the first quarter worth $240,000. Teachers Advisors Inc. raised its position in shares of Whole Foods Market by 19.0% in the first quarter. Teachers Advisors Inc. now owns 494,125 shares of the company’s stock worth $15,372,000 after buying an additional 79,017 shares in the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. purchased a new position in shares of Whole Foods Market during the first quarter worth $1,019,000. 86.38% of the stock is currently owned by institutional investors.

Whole Foods Market Inc. (NASDAQ:WFM) opened at 28.57 on Friday. The firm has a market cap of $9.11 billion, a PE ratio of 20.26 and a beta of 0.74. The company has a 50-day moving average price of $29.91 and a 200 day moving average price of $31.29. Whole Foods Market Inc. has a 12 month low of $27.67 and a 12 month high of $35.58.

Whole Foods Market (NASDAQ:WFM) last announced its quarterly earnings results on Wednesday, July 27th. The company reported $0.37 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.37. Whole Foods Market had a return on equity of 15.55% and a net margin of 3.03%. The firm earned $3.70 billion during the quarter, compared to the consensus estimate of $3.73 billion. During the same period in the prior year, the firm earned $0.43 EPS. The firm’s quarterly revenue was up 2.0% compared to the same quarter last year. Equities research analysts anticipate that Whole Foods Market Inc. will post $1.51 EPS for the current year.

The business also recently declared a dividend, which will be paid on Friday, October 14th. Investors of record on Monday, October 3rd will be issued a $0.135 dividend. The ex-dividend date of this dividend is Thursday, September 29th. Whole Foods Market’s dividend payout ratio is currently 37.76%.

Several research firms recently commented on WFM. RBC Capital Markets set a $37.00 target price on Whole Foods Market and gave the stock a “buy” rating in a report on Thursday, July 28th. Credit Suisse Group AG dropped their target price on Whole Foods Market from $40.00 to $28.07 and set a “focus list” rating on the stock in a report on Thursday, August 4th. Zacks Investment Research raised Whole Foods Market from a “sell” rating to a “hold” rating in a report on Thursday, August 25th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $37.00 target price on shares of Whole Foods Market in a report on Wednesday, June 22nd. Finally, Wedbush reaffirmed a “neutral” rating and set a $29.00 target price on shares of Whole Foods Market in a report on Thursday, May 26th. Seven investment analysts have rated the stock with a sell rating, seventeen have given a hold rating, six have given a buy rating and three have given a strong buy rating to the stock. Whole Foods Market currently has a consensus rating of “Hold” and a consensus target price of $30.29.

In other news, Director Shahid M. Hassan sold 7,916 shares of the firm’s stock in a transaction dated Friday, September 16th. The stock was 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 can be accessed through this link. 1.09% of the stock is owned by corporate insiders.

Whole Foods Market Company Profile

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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