York Capital Management Global Advisors LLC bought a new stake in shares of Whole Foods Market, Inc. (NASDAQ:WFM) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,416,754 shares of the company’s stock, valued at approximately $59,660,000. Whole Foods Market comprises approximately 1.2% of York Capital Management Global Advisors LLC’s portfolio, making the stock its 23rd largest holding. York Capital Management Global Advisors LLC owned 0.44% of Whole Foods Market as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of WFM. Ropes Wealth Advisors LLC lifted its position in Whole Foods Market by 103.7% during the second quarter. Ropes Wealth Advisors LLC now owns 2,750 shares of the company’s stock valued at $116,000 after acquiring an additional 1,400 shares during the last quarter. AT Bancorp purchased a new stake in Whole Foods Market during the second quarter valued at approximately $118,000. Westside Investment Management Inc. lifted its position in Whole Foods Market by 406.4% during the first quarter. Westside Investment Management Inc. now owns 4,137 shares of the company’s stock valued at $125,000 after acquiring an additional 3,320 shares during the last quarter. Winslow Evans & Crocker Inc. lifted its position in Whole Foods Market by 169.1% during the second quarter. Winslow Evans & Crocker Inc. now owns 3,428 shares of the company’s stock valued at $132,000 after acquiring an additional 2,154 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its position in Whole Foods Market by 3.4% during the first quarter. Pacer Advisors Inc. now owns 6,212 shares of the company’s stock valued at $185,000 after acquiring an additional 207 shares during the last quarter. 79.18% of the stock is owned by institutional investors.

ILLEGAL ACTIVITY WARNING: This story was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The legal version of this story can be read at https://www.watchlistnews.com/york-capital-management-global-advisors-llc-buys-shares-of-1416754-whole-foods-market-inc-wfm/1613149.html.

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, beating the consensus estimate of $0.33 by $0.03. The company had revenue of $3.73 billion for the quarter, compared to analysts’ expectations of $3.72 billion. Whole Foods Market had a net margin of 2.85% and a return on equity of 13.51%. Whole Foods Market’s revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.37 EPS.

A number of equities research analysts recently commented on the stock. BidaskClub raised shares of Whole Foods Market from a “sell” rating to a “hold” rating in a research report on Friday, August 11th. SunTrust Banks, Inc. cut shares of Whole Foods Market from a “buy” rating to a “hold” rating and increased their target price for the company from $40.00 to $42.00 in a research report on Tuesday, June 20th. Tigress Financial lowered shares of Whole Foods Market from a “buy” rating to a “neutral” rating in a research note on Monday, August 7th. Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $45.00 price target on shares of Whole Foods Market in a research note on Tuesday, June 20th. Finally, Barclays PLC lowered shares of Whole Foods Market from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $48.00 to $42.00 in a research note on Wednesday, August 23rd. Four analysts have rated the stock with a sell rating, nineteen have given a hold rating and three have given a buy rating to the company’s stock. Whole Foods Market has a consensus rating of “Hold” and a consensus target price of $37.76.

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.

Want to see what other hedge funds are holding WFM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Whole Foods Market, Inc. (NASDAQ:WFM).

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

Receive News & Ratings for Whole Foods Market Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whole Foods Market Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.