Samlyn Capital LLC Takes $19.50 Million Position in Whole Foods Market, Inc. (WFM)
Samlyn Capital LLC acquired a new stake in Whole Foods Market, Inc. (NASDAQ:WFM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 463,000 shares of the company’s stock, valued at approximately $19,497,000. Samlyn Capital LLC owned 0.14% of Whole Foods Market as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also bought and sold shares of the company. Ropes Wealth Advisors LLC grew its holdings in shares of Whole Foods Market by 103.7% in the second quarter. Ropes Wealth Advisors LLC now owns 2,750 shares of the company’s stock valued at $116,000 after purchasing an additional 1,400 shares in the last quarter. AT Bancorp purchased a new stake in Whole Foods Market during the 2nd quarter worth approximately $118,000. Westside Investment Management Inc. increased its stake in 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 buying an additional 3,320 shares during the period. Winslow Evans & Crocker Inc. increased its stake in 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 buying an additional 2,154 shares during the period. Finally, Pacer Advisors Inc. increased its stake in Whole Foods Market by 3.4% during the 1st quarter. Pacer Advisors Inc. now owns 6,212 shares of the company’s stock worth $185,000 after buying an additional 207 shares during the period. 79.18% of the stock is owned by institutional investors and hedge funds.
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Several brokerages have commented on WFM. Royal Bank Of Canada set a $42.00 price target on shares of Whole Foods Market and gave the company a “buy” rating in a research report on Tuesday, August 29th. Barclays PLC downgraded shares of Whole Foods Market from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $48.00 to $42.00 in a research note on Wednesday, August 23rd. BidaskClub lowered Whole Foods Market from a “hold” rating to a “sell” rating in a research report on Friday, August 18th. Gordon Haskett lowered Whole Foods Market from a “buy” rating to a “hold” rating and set a $42.00 price objective on the stock. in a research report on Monday, June 26th. Finally, Tigress Financial cut Whole Foods Market from a “buy” rating to a “neutral” rating in a research note on Monday, August 7th. Four research analysts have rated the stock with a sell rating, twenty have issued a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $37.76.
Shares of Whole Foods Market, Inc. (NASDAQ WFM) remained flat at $41.99 during mid-day trading on Tuesday. The company’s stock had a trading volume of 760,065 shares. Whole Foods Market, Inc. has a one year low of $27.67 and a one year high of $43.84. The stock’s 50 day moving average is $41.82 and its 200-day moving average 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, beating the Thomson Reuters’ consensus estimate of $0.33 by $0.03. Whole Foods Market had a return on equity of 13.51% and a net margin of 2.85%. The business had revenue of $3.73 billion for the quarter, compared to analyst estimates of $3.72 billion. During the same period in the prior year, the company posted $0.37 EPS. The business’s revenue was up .6% compared to the same quarter last year. Analysts anticipate that Whole Foods Market, Inc. will post $1.33 EPS for the current fiscal year.
Whole Foods Market 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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