Whole Foods Market Inc. (WFM) Shares Bought by Trillium Asset Management LLC
Trillium Asset Management LLC increased its stake in shares of Whole Foods Market Inc. (NASDAQ:WFM) by 1.2% during the second quarter, Holdings Channel reports. The fund owned 413,157 shares of the company’s stock after buying an additional 4,792 shares during the period. Trillium Asset Management LLC’s holdings in Whole Foods Market were worth $13,229,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of the stock. First Manhattan Co. increased its stake in Whole Foods Market by 2.0% in the first quarter. First Manhattan Co. now owns 10,000 shares of the company’s stock valued at $311,000 after buying an additional 200 shares during the period. Nisa Investment Advisors L.L.C. increased its stake in Whole Foods Market by 1.1% in the first quarter. Nisa Investment Advisors L.L.C. now owns 57,978 shares of the company’s stock valued at $1,804,000 after buying an additional 650 shares during the period. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in Whole Foods Market during the first quarter valued at approximately $1,019,000. Teachers Advisors Inc. increased its stake in Whole Foods Market by 19.0% in the first quarter. Teachers Advisors Inc. now owns 494,125 shares of the company’s stock valued at $15,372,000 after buying an additional 79,017 shares during the period. Finally, FDO Partners LLC acquired a new stake in Whole Foods Market during the first quarter valued at approximately $240,000. Institutional investors own 86.38% of the company’s stock.
Whole Foods Market Inc. (NASDAQ:WFM) traded down 0.64% during midday trading on Tuesday, reaching $28.03. The company had a trading volume of 3,714,044 shares. The company has a market capitalization of $8.94 billion, a P/E ratio of 19.88 and a beta of 0.82. Whole Foods Market Inc. has a 1-year low of $27.67 and a 1-year high of $35.58. The firm has a 50-day moving average of $29.48 and a 200 day moving average of $31.01.
Whole Foods Market (NASDAQ:WFM) last announced its quarterly earnings data on Wednesday, July 27th. The company reported $0.37 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.37. The company had revenue of $3.70 billion for the quarter, compared to the consensus estimate of $3.73 billion. Whole Foods Market had a return on equity of 15.55% and a net margin of 3.03%. Whole Foods Market’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.43 EPS. On average, equities research analysts forecast that Whole Foods Market Inc. will post $1.51 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 14th. Shareholders of record on Monday, October 3rd will be given a $0.135 dividend. This represents a $0.54 annualized dividend and a yield of 1.93%. The ex-dividend date is Thursday, September 29th. Whole Foods Market’s dividend payout ratio (DPR) is presently 37.76%.
A number of equities research analysts have recently issued reports on the stock. Royal Bank Of Canada reissued a “buy” rating on shares of Whole Foods Market in a report on Tuesday, July 12th. Wedbush reissued a “neutral” rating and issued a $32.00 price target (up from $29.00) on shares of Whole Foods Market in a report on Friday, June 17th. Macquarie raised shares of Whole Foods Market from a “neutral” rating to an “outperform” rating in a report on Monday, July 25th. Zacks Investment Research raised shares of Whole Foods Market from a “sell” rating to a “hold” rating in a report on Monday. Finally, Oppenheimer Holdings Inc. reissued an “outperform” rating and issued a $38.00 price target on shares of Whole Foods Market in a report on Tuesday, August 16th. Seven equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, five have issued a buy rating and three have given a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $30.28.
In other Whole Foods Market news, Director Shahid M. Hassan sold 7,916 shares of the company’s stock in a transaction on Friday, September 16th. The stock was sold at an average price of $28.41, for a total value of $224,893.56. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.09% of the stock is owned by company 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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