Pentwater Capital Management LP purchased a new position in shares of Whole Foods Market, Inc. (NASDAQ:WFM) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 684,500 shares of the company’s stock, valued at approximately $28,824,000. Whole Foods Market accounts for about 0.3% of Pentwater Capital Management LP’s investment portfolio, making the stock its 27th biggest holding. Pentwater Capital Management LP owned 0.21% of Whole Foods Market at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in WFM. UBS Asset Management Americas Inc. raised 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 during the period. Mutual of America Capital Management LLC raised its position in shares of Whole Foods Market by 16.2% during the first quarter. Mutual of America Capital Management LLC now owns 42,460 shares of the company’s stock worth $1,262,000 after purchasing an additional 5,917 shares during the period. Mason Street Advisors LLC raised its position in shares of Whole Foods Market by 1.1% during the first quarter. Mason Street Advisors LLC now owns 44,023 shares of the company’s stock worth $1,308,000 after purchasing an additional 466 shares during the period. Pacer Advisors Inc. raised its position in shares of Whole Foods Market by 3.4% during the first quarter. Pacer Advisors Inc. now owns 6,212 shares of the company’s stock worth $185,000 after purchasing an additional 207 shares during the period. Finally, Prudential Financial Inc. raised its position in shares of Whole Foods Market by 0.5% during the first quarter. Prudential Financial Inc. now owns 441,779 shares of the company’s stock worth $13,130,000 after purchasing an additional 2,100 shares during the period. 79.18% of the stock is currently owned by institutional investors.

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

Shares of Whole Foods Market, Inc. (NASDAQ WFM) remained flat at $41.99 on Thursday. The company had a trading volume of 760,065 shares. The company’s 50 day moving average price is $41.82 and its 200-day moving average price is $36.34. Whole Foods Market, Inc. has a 12-month low of $27.67 and a 12-month high of $43.84.

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

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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.

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

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