Whole Foods Market, Inc. (WFM) Shares Sold by Fayez Sarofim & Co.

Fayez Sarofim & Co. lowered its position in shares of Whole Foods Market, Inc. (NASDAQ:WFM) by 2.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 583,951 shares of the company’s stock after selling 15,964 shares during the period. Fayez Sarofim & Co. owned about 0.18% of Whole Foods Market worth $24,590,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of WFM. Canada Pension Plan Investment Board increased its position in shares of Whole Foods Market by 389.9% during the first quarter. Canada Pension Plan Investment Board now owns 22,549 shares of the company’s stock worth $670,000 after purchasing an additional 17,946 shares in the last quarter. Advisors Asset Management Inc. increased its position in shares of Whole Foods Market by 16.3% during the first quarter. Advisors Asset Management Inc. now owns 20,366 shares of the company’s stock worth $605,000 after purchasing an additional 2,851 shares in the last quarter. World Asset Management Inc increased its position in shares of Whole Foods Market by 11.2% during the first quarter. World Asset Management Inc now owns 35,344 shares of the company’s stock worth $1,050,000 after purchasing an additional 3,565 shares in the last quarter. UBS Asset Management Americas Inc. increased its position in shares of Whole Foods Market by 2.0% during the first quarter. UBS Asset Management Americas Inc. now owns 1,502,176 shares of the company’s stock worth $44,645,000 after purchasing an additional 29,156 shares in the last quarter. Finally, British Columbia Investment Management Corp increased its position in shares of Whole Foods Market by 1.2% during the first quarter. British Columbia Investment Management Corp now owns 138,994 shares of the company’s stock worth $4,131,000 after purchasing an additional 1,603 shares in the last quarter. Institutional investors and hedge funds own 79.18% of the company’s stock.

Shares of Whole Foods Market, Inc. (NASDAQ:WFM) remained flat at $41.99 during midday trading on Friday. The company had a trading volume of 760,065 shares. Whole Foods Market, Inc. has a 52-week low of $27.67 and a 52-week high of $43.84. The firm’s 50 day moving average is $41.82 and its 200 day moving average is $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 net margin of 2.85% and a return on equity of 13.51%. The company had revenue of $3.73 billion for the quarter, compared to analyst estimates of $3.72 billion. During the same quarter last year, the business earned $0.37 earnings per share. Whole Foods Market’s revenue was up .6% compared to the same quarter last year. Equities analysts anticipate that Whole Foods Market, Inc. will post $1.33 EPS for the current year.

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WFM has been the topic of a number of research analyst reports. BidaskClub upgraded Whole Foods Market from a “hold” rating to a “buy” rating in a research report on Tuesday, June 13th. Wells Fargo & Company reiterated a “buy” rating and set a $45.00 target price on shares of Whole Foods Market in a research report on Thursday, June 29th. Vetr upgraded Whole Foods Market from a “hold” rating to a “buy” rating and set a $46.16 target price on the stock in a research report on Friday, July 14th. Royal Bank Of Canada reiterated a “buy” rating and set 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 cut 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. The company presently has an average rating of “Hold” and a consensus target price of $37.76.

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.

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

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