Seaward Management Limited Partnership bought a new position in shares of Whole Foods Market, Inc. (NASDAQ:WFM) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,076 shares of the company’s stock, valued at approximately $255,000.

A number of other large investors have also modified their holdings of WFM. AT Bancorp purchased a new position in Whole Foods Market during the second quarter valued at $118,000. Winslow Evans & Crocker Inc. boosted its position in 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 buying an additional 2,154 shares during the last quarter. Advisory Services Network LLC purchased a new position in Whole Foods Market during the first quarter valued at $105,000. Westside Investment Management Inc. boosted its position in 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 buying an additional 3,320 shares during the last quarter. Finally, Baldwin Brothers Inc. MA purchased a new position in Whole Foods Market during the second quarter valued at $190,000. 87.89% of the stock is currently owned by institutional investors and hedge funds.

Whole Foods Market, Inc. (NASDAQ WFM) opened at 41.85 on Thursday. The stock has a market capitalization of $13.40 billion, a price-to-earnings ratio of 34.47 and a beta of 0.82. The company has a 50-day moving average of $42.03 and a 200 day moving average of $35.19. 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 posted its earnings results on Wednesday, July 26th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.03. Whole Foods Market had a net margin of 2.44% and a return on equity of 13.26%. The firm had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $3.72 billion. During the same period in the previous year, the firm posted $0.37 EPS. The business’s quarterly revenue was up .6% on a year-over-year basis. On average, equities research analysts anticipate that Whole Foods Market, Inc. will post $1.34 earnings per share for the current fiscal year.

Whole Foods Market declared that its board has approved a share repurchase program on Wednesday, May 10th that permits the company to buyback $1.25 billion in shares. This buyback authorization permits the company to purchase up to 10.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s management believes its shares are undervalued.

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Several research analysts have recently weighed in on the stock. Vetr raised shares of Whole Foods Market from a “strong sell” rating to a “hold” rating and set a $42.27 price target on the stock in a report on Monday, June 19th. Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and issued a $45.00 price target on shares of Whole Foods Market 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 upped their price target for the stock from $40.00 to $42.00 in a report on Tuesday, June 20th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $42.00 price target (up previously from $39.00) on shares of Whole Foods Market in a report on Friday, June 23rd. Finally, Gordon Haskett cut shares of Whole Foods Market from a “buy” rating to a “hold” rating and set a $42.00 price target on the stock. in a report on Monday, June 26th. Four research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and four have issued a buy rating to the company. Whole Foods Market presently has an average rating of “Hold” and an average target price of $38.06.

In related news, insider Angela Lorenzen sold 1,431 shares of Whole Foods Market stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $36.34, for a total transaction of $52,002.54. Following the completion of the transaction, the insider now directly owns 1,131 shares of the company’s stock, valued at approximately $41,100.54. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Juan Nunez sold 14,502 shares of Whole Foods Market stock in a transaction dated Thursday, May 18th. The stock was sold at an average price of $27.52, for a total transaction of $399,095.04. Following the transaction, the insider now directly owns 5,746 shares of the company’s stock, valued at $158,129.92. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 18,466 shares of company stock valued at $543,688. 1.30% of the stock is owned by corporate insiders.

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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