Broadview Advisors LLC bought a new position in shares of Whole Foods Market, Inc. (NASDAQ:WFM) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,950 shares of the company’s stock, valued at approximately $251,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Cleararc Capital Inc. raised its position in Whole Foods Market by 0.5% during the first quarter. Cleararc Capital Inc. now owns 7,792 shares of the company’s stock worth $232,000 after acquiring an additional 35 shares during the last quarter. Gateway Investment Advisers LLC raised its position in Whole Foods Market by 0.3% during the second quarter. Gateway Investment Advisers LLC now owns 20,207 shares of the company’s stock worth $851,000 after acquiring an additional 64 shares during the last quarter. Cadence Capital Management LLC raised its position in Whole Foods Market by 1.1% during the second quarter. Cadence Capital Management LLC now owns 6,971 shares of the company’s stock worth $294,000 after acquiring an additional 73 shares during the last quarter. CAPROCK Group Inc. raised its position in Whole Foods Market by 1.9% during the second quarter. CAPROCK Group Inc. now owns 8,459 shares of the company’s stock worth $358,000 after acquiring an additional 159 shares during the last quarter. Finally, Mercer Capital Advisers Inc. raised its position in Whole Foods Market by 0.7% during the second quarter. Mercer Capital Advisers Inc. now owns 26,755 shares of the company’s stock worth $1,127,000 after acquiring an additional 175 shares during the last quarter. Institutional investors own 79.18% of the company’s stock.

A number of equities analysts have recently weighed in on WFM shares. Royal Bank Of Canada set a $42.00 price objective on shares of Whole Foods Market and gave the company a “buy” rating in a research report on Tuesday, August 29th. Barclays PLC lowered shares of Whole Foods Market from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $48.00 to $42.00 in a research report on Wednesday, August 23rd. BidaskClub lowered shares of Whole Foods Market from a “hold” rating to a “sell” rating in a research report on Friday, August 18th. Gordon Haskett lowered shares of Whole Foods Market from a “buy” rating to a “hold” rating and set a $42.00 price objective for the company. in a research report on Monday, June 26th. Finally, Tigress Financial lowered shares of Whole Foods Market from a “buy” rating to a “neutral” rating in a research report on Monday, August 7th. Four investment analysts have rated the stock with a sell rating, nineteen have given a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $37.76.

Whole Foods Market, Inc. (WFM) remained flat at $41.99 during midday trading on Thursday. The company 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 company has a 50 day moving average price of $41.82 and a 200-day moving average price of $36.34.

Whole Foods Market (NASDAQ:WFM) last announced its quarterly earnings results on Wednesday, July 26th. The company reported $0.36 EPS for the quarter, beating the 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 company had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $3.72 billion. During the same quarter last year, the company posted $0.37 earnings per share. The company’s revenue for the quarter was up .6% compared to the same quarter last year. On average, equities analysts predict that Whole Foods Market, Inc. will post $1.33 EPS for the current fiscal year.

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About Whole Foods Market

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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