Oppenheimer Asset Management Inc. lowered its holdings in Whole Foods Market, Inc. (NASDAQ:WFM) by 93.2% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,355 shares of the company’s stock after selling 73,697 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Whole Foods Market were worth $225,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in WFM. AT Bancorp acquired a new position in shares of Whole Foods Market in the second quarter valued at approximately $118,000. Westside Investment Management Inc. grew its holdings in shares of Whole Foods Market by 406.4% in the first quarter. Westside Investment Management Inc. now owns 4,137 shares of the company’s stock valued at $125,000 after purchasing an additional 3,320 shares in the last quarter. Winslow Evans & Crocker Inc. grew its holdings in shares of Whole Foods Market by 169.1% in the second quarter. Winslow Evans & Crocker Inc. now owns 3,428 shares of the company’s stock valued at $132,000 after purchasing an additional 2,154 shares in the last quarter. Pacer Advisors Inc. grew its holdings in shares of Whole Foods Market by 3.4% in the first quarter. Pacer Advisors Inc. now owns 6,212 shares of the company’s stock valued at $185,000 after purchasing an additional 207 shares in the last quarter. Finally, Baldwin Brothers Inc. MA acquired a new position in shares of Whole Foods Market in the second quarter valued at approximately $190,000. Hedge funds and other institutional investors own 79.18% of the company’s stock.

Whole Foods Market, Inc. (NASDAQ WFM) opened at 41.99 on Thursday. Whole Foods Market, Inc. has a one year low of $27.67 and a one year high of $43.84. The stock has a 50 day moving average of $41.82 and a 200-day moving average of $36.34.

Whole Foods Market (NASDAQ:WFM) last announced its quarterly earnings data 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. Whole Foods Market had a return on equity of 13.51% and a net margin of 2.85%. The firm had revenue of $3.73 billion for the quarter, compared to analysts’ expectations of $3.72 billion. During the same period last year, the business posted $0.37 earnings per share. The firm’s revenue for the quarter was up .6% on a year-over-year basis. Equities research analysts predict that Whole Foods Market, Inc. will post $1.33 EPS for the current year.

A number of research analysts recently weighed in on the stock. Vetr cut shares of Whole Foods Market to a “sell” rating in a report on Tuesday, June 20th. SunTrust Banks, Inc. cut shares of Whole Foods Market from a “buy” rating to a “hold” rating and lifted their price objective for the company from $40.00 to $42.00 in a report on Tuesday, June 20th. Oppenheimer Holdings, Inc. restated an “outperform” rating and issued a $45.00 price objective on shares of Whole Foods Market in a report on Tuesday, June 20th. Jefferies Group LLC restated a “hold” rating and issued a $42.00 price objective (up previously from $39.00) on shares of Whole Foods Market in a report on Friday, June 23rd. Finally, Gordon Haskett downgraded shares of Whole Foods Market from a “buy” rating to a “hold” rating and set a $42.00 price target for the company. in a research note on Monday, June 26th. Four research analysts have rated the stock with a sell rating, twenty have assigned a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $37.76.

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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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