Winslow Evans & Crocker Inc. raised its position in Whole Foods Market, Inc. (NASDAQ:WFM) by 169.1% during the second quarter, Holdings Channel reports. The fund owned 3,428 shares of the company’s stock after buying an additional 2,154 shares during the period. Winslow Evans & Crocker Inc.’s holdings in Whole Foods Market were worth $132,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of WFM. BlackRock Inc. increased its position in shares of Whole Foods Market by 3,657.4% in the first quarter. BlackRock Inc. now owns 26,099,592 shares of the company’s stock valued at $775,680,000 after buying an additional 25,404,982 shares during the last quarter. Parnassus Investments CA increased its position in shares of Whole Foods Market by 29.2% in the first quarter. Parnassus Investments CA now owns 7,825,000 shares of the company’s stock valued at $232,559,000 after buying an additional 1,770,000 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Whole Foods Market by 774.7% in the first quarter. Renaissance Technologies LLC now owns 1,588,848 shares of the company’s stock valued at $47,221,000 after buying an additional 1,407,200 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Whole Foods Market by 3.6% in the first quarter. Vanguard Group Inc. now owns 30,861,862 shares of the company’s stock valued at $917,214,000 after buying an additional 1,081,667 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Whole Foods Market by 40.2% in the first quarter. Dimensional Fund Advisors LP now owns 3,050,285 shares of the company’s stock valued at $90,647,000 after buying an additional 874,149 shares during the last quarter. Institutional investors and hedge funds own 89.58% of the company’s stock.

Whole Foods Market, Inc. (NASDAQ:WFM) opened at 41.76 on Wednesday. The company’s 50-day moving average price is $39.62 and its 200 day moving average price is $33.99. Whole Foods Market, Inc. has a one year low of $27.67 and a one year high of $43.84. The firm has a market capitalization of $13.34 billion, a PE ratio of 33.25 and a beta of 0.82.

Whole Foods Market (NASDAQ:WFM) last issued its quarterly earnings results on Wednesday, May 10th. The company reported $0.37 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.37. The firm had revenue of $3.74 million during the quarter, compared to analyst estimates of $3.73 billion. Whole Foods Market had a return on equity of 13.72% and a net margin of 2.54%. The firm’s quarterly revenue was down 99.9% on a year-over-year basis. During the same period last year, the company posted $0.44 EPS. On average, analysts forecast that Whole Foods Market, Inc. will post $1.30 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 11th. Shareholders of record on Friday, June 30th were paid a dividend of $0.18 per share. This is a positive change from Whole Foods Market’s previous quarterly dividend of $0.14. This represents a $0.72 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date was Wednesday, June 28th. Whole Foods Market’s dividend payout ratio (DPR) is presently 57.14%.

Whole Foods Market announced that its board has authorized a stock repurchase program on Wednesday, May 10th that authorizes the company to buyback $1.25 billion in shares. This buyback authorization authorizes the company to repurchase up to 10.8% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

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Several brokerages have recently weighed in on WFM. UBS AG began coverage on Whole Foods Market in a research note on Thursday, March 23rd. They set a “sell” rating and a $25.00 target price for the company. Royal Bank Of Canada reissued a “buy” rating and issued a $42.00 price objective on shares of Whole Foods Market in a research note on Tuesday. Vetr raised Whole Foods Market from a “hold” rating to a “buy” rating and set a $46.16 price objective for the company in a research note on Friday, July 14th. Wells Fargo & Company downgraded Whole Foods Market from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from $45.00 to $42.00 in a research note on Tuesday, July 11th. Finally, BidaskClub raised Whole Foods Market from a “hold” rating to a “buy” rating in a research note on Tuesday, June 13th. Three equities research analysts have rated the stock with a sell rating, twenty-two have given a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $37.42.

In other news, insider Angela Lorenzen sold 1,431 shares of the firm’s stock in a transaction on Monday, May 22nd. The stock was sold at an average price of $36.34, for a total transaction of $52,002.54. Following the completion of the sale, 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 accessible through this hyperlink. Also, insider Laura A. Derba sold 2,200 shares of the firm’s stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $36.48, for a total value of $80,256.00. Following the sale, the insider now directly owns 3,418 shares of the company’s stock, valued at $124,688.64. 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 currently owned by corporate insiders.

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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