Commerce Bank acquired a new position in shares of Whole Foods Market, Inc. (NASDAQ:WFM) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 5,193 shares of the company’s stock, valued at approximately $219,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AT Bancorp bought a new stake in shares of Whole Foods Market during the 2nd quarter worth $118,000. Winslow Evans & Crocker Inc. boosted its stake in shares of Whole Foods Market by 169.1% during the 2nd quarter. Winslow Evans & Crocker Inc. now owns 3,428 shares of the company’s stock worth $132,000 after acquiring an additional 2,154 shares in the last quarter. Westside Investment Management Inc. boosted its stake in shares of Whole Foods Market by 406.4% during the 1st quarter. Westside Investment Management Inc. now owns 4,137 shares of the company’s stock worth $125,000 after acquiring an additional 3,320 shares in the last quarter. Baldwin Brothers Inc. MA bought a new stake in shares of Whole Foods Market during the 2nd quarter worth $190,000. Finally, Cutter & CO Brokerage Inc. bought a new stake in shares of Whole Foods Market during the 2nd quarter worth $203,000. 79.18% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts have recently weighed in on WFM shares. BidaskClub raised Whole Foods Market from a “hold” rating to a “buy” rating in a research note on Tuesday, June 13th. Wells Fargo & Company reissued a “buy” rating and set a $45.00 price objective on shares of Whole Foods Market in a research note on Thursday, June 29th. Vetr raised Whole Foods Market from a “hold” rating to a “buy” rating and set a $46.16 target price for the company in a research report on Friday, July 14th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $42.00 target price on shares of Whole Foods Market in a research report on Tuesday, July 18th. Finally, Barclays PLC cut Whole Foods Market from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $48.00 to $42.00 in a research report on Wednesday, August 23rd. Four analysts have rated the stock with a sell rating, twenty have given a hold rating and three have issued a buy rating to the company. Whole Foods Market currently has an average rating of “Hold” and an average price target of $37.76.

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Shares of Whole Foods Market, Inc. (NASDAQ:WFM) opened at 41.99 on Wednesday. Whole Foods Market, Inc. has a 12-month low of $27.67 and a 12-month high of $43.84. The firm’s 50-day moving average price is $41.82 and its 200-day moving average price is $36.34.

Whole Foods Market (NASDAQ:WFM) last posted its quarterly earnings results on Wednesday, July 26th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.03. The business had revenue of $3.73 billion for 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 last year, the business posted $0.37 EPS. Equities research analysts predict that Whole Foods Market, Inc. will post $1.33 EPS for the current fiscal year.

Whole Foods Market Company Profile

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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