Miles Capital Inc. lifted its stake in shares of Whole Foods Market, Inc. (NASDAQ:WFM) by 378.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,440 shares of the company’s stock after purchasing an additional 30,409 shares during the quarter. Whole Foods Market accounts for about 0.9% of Miles Capital Inc.’s portfolio, making the stock its 10th largest position. Miles Capital Inc.’s holdings in Whole Foods Market were worth $1,619,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. MKP Capital Management L.L.C. bought a new stake in shares of Whole Foods Market during the 2nd quarter valued at approximately $4,177,000. Ratan Capital Management LP bought a new stake in shares of Whole Foods Market during the 2nd quarter valued at approximately $11,264,000. Bayesian Capital Management LP bought a new stake in shares of Whole Foods Market during the 2nd quarter valued at approximately $1,065,000. Ontario Teachers Pension Plan Board grew its holdings in shares of Whole Foods Market by 20.4% during the 2nd quarter. Ontario Teachers Pension Plan Board now owns 25,970 shares of the company’s stock valued at $1,094,000 after purchasing an additional 4,404 shares during the last quarter. Finally, CQS Cayman LP bought a new stake in shares of Whole Foods Market during the 2nd quarter valued at approximately $526,000. 79.18% of the stock is currently owned by institutional investors.

Whole Foods Market, Inc. (NASDAQ WFM) remained flat at $41.99 on Friday. The company’s stock had a trading volume of 760,065 shares. The company has a 50 day moving average of $41.82 and a 200 day moving average of $36.34. Whole Foods Market, Inc. has a one year low of $27.67 and a one year high of $43.84.

Whole Foods Market (NASDAQ:WFM) last announced its quarterly earnings data on Wednesday, July 26th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.33 by $0.03. The business had revenue of $3.73 billion during the quarter, compared to analyst estimates of $3.72 billion. Whole Foods Market had a return on equity of 13.51% and a net margin of 2.85%. The company’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter last year, the firm posted $0.37 earnings per share. Analysts expect that Whole Foods Market, Inc. will post $1.33 earnings per share for the current year.

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A number of equities research analysts have weighed in on WFM shares. Wells Fargo & Company reissued a “hold” rating on shares of Whole Foods Market in a report on Wednesday, July 26th. UBS AG raised shares of Whole Foods Market from a “sell” rating to a “neutral” rating and set a $42.00 target price on the stock in a report on Monday, July 10th. Barclays PLC raised shares of Whole Foods Market from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $38.00 to $48.00 in a report on Friday, June 16th. Gordon Haskett lowered shares of Whole Foods Market from a “buy” rating to a “hold” rating and set a $42.00 target price on the stock. in a report on Monday, June 26th. Finally, SunTrust Banks, Inc. lowered shares of Whole Foods Market from a “buy” rating to a “hold” rating and boosted their target price for the stock from $40.00 to $42.00 in a report on Tuesday, June 20th. Four research analysts have rated the stock with a sell rating, twenty have assigned a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $37.76.

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.

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

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