GAM Holding AG increased its stake in shares of Whole Foods Market Inc. (NASDAQ:WFM) by 2.2% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 259,883 shares of the company’s stock after buying an additional 5,673 shares during the period. GAM Holding AG’s holdings in Whole Foods Market were worth $7,368,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Wellington Management Group LLP boosted its stake in shares of Whole Foods Market by 1,348.5% in the first quarter. Wellington Management Group LLP now owns 241,510 shares of the company’s stock worth $7,514,000 after buying an additional 224,837 shares during the period. Squarepoint Ops LLC acquired a new stake in shares of Whole Foods Market during the first quarter worth approximately $1,216,000. Avalon Advisors LLC acquired a new stake in shares of Whole Foods Market during the first quarter worth approximately $762,000. First Republic Investment Management Inc. boosted its stake in shares of Whole Foods Market by 84.9% in the first quarter. First Republic Investment Management Inc. now owns 93,850 shares of the company’s stock worth $2,920,000 after buying an additional 43,095 shares during the period. Finally, Cullinan Associates Inc. boosted its stake in shares of Whole Foods Market by 1.3% in the first quarter. Cullinan Associates Inc. now owns 23,400 shares of the company’s stock worth $728,000 after buying an additional 300 shares during the period. Institutional investors and hedge funds own 83.73% of the company’s stock.

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

Whole Foods Market Inc. (NASDAQ:WFM) traded down 0.71% during mid-day trading on Tuesday, reaching $30.72. The company’s stock had a trading volume of 2,567,764 shares. The stock has a market cap of $9.78 billion, a price-to-earnings ratio of 19.82 and a beta of 0.76. Whole Foods Market Inc. has a 12-month low of $27.67 and a 12-month high of $35.58. The firm’s 50 day moving average price is $29.45 and its 200 day moving average price is $30.67.

Whole Foods Market (NASDAQ:WFM) last issued its quarterly earnings data on Wednesday, November 2nd. The company reported $0.28 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.04. The firm earned $3.50 billion during the quarter, compared to analysts’ expectations of $26.30 million. Whole Foods Market had a net margin of 3.22% and a return on equity of 15.65%. Whole Foods Market’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.24 earnings per share. On average, equities analysts predict that Whole Foods Market Inc. will post $1.45 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 24th. Investors of record on Friday, January 13th will be issued a $0.14 dividend. The ex-dividend date is Wednesday, January 11th. This is a boost from Whole Foods Market’s previous quarterly dividend of $0.14. This represents a $0.56 dividend on an annualized basis and a yield of 1.81%. Whole Foods Market’s dividend payout ratio is currently 34.84%.

TRADEMARK VIOLATION NOTICE: “Whole Foods Market Inc. (WFM) Shares Bought by GAM Holding AG” was originally reported by Daily Political and is the propert of of Daily Political. If you are reading this news story on another publication, it was copied illegally and reposted in violation of U.S. & international trademark and copyright legislation. The legal version of this news story can be read at http://www.dailypolitical.com/2016/11/29/whole-foods-market-inc-wfm-shares-bought-by-gam-holding-ag.html.

WFM has been the subject of several recent analyst reports. Oppenheimer Holdings Inc. reaffirmed an “outperform” rating and issued a $35.00 price target on shares of Whole Foods Market in a research report on Wednesday, November 2nd. Credit Suisse Group AG lowered their price target on Whole Foods Market from $40.00 to $28.07 and set a “focus list” rating for the company in a research report on Thursday, August 4th. Zacks Investment Research raised Whole Foods Market from a “sell” rating to a “hold” rating in a research report on Thursday, August 25th. BMO Capital Markets reaffirmed an “underperform” rating and issued a $23.00 price target on shares of Whole Foods Market in a research report on Thursday, November 3rd. Finally, Bank of America Corp. lowered Whole Foods Market from a “neutral” rating to an “underperform” rating and set a $25.00 price target for the company. in a research report on Friday, November 4th. Seven analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and six have given a buy rating to the company’s stock. Whole Foods Market has a consensus rating of “Hold” and a consensus target price of $30.20.

In other Whole Foods Market news, insider Jeff Turnas sold 4,400 shares of the company’s stock in a transaction dated Friday, November 11th. The shares were sold at an average price of $30.21, for a total transaction of $132,924.00. Following the completion of the sale, the insider now directly owns 6,792 shares in the company, valued at $205,186.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Shahid M. Hassan sold 7,916 shares of the company’s 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 disclosure for this sale can be found here. 1.09% of the stock is currently owned by corporate insiders.

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.

5 Day Chart for NASDAQ:WFM

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).

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.