Latest Stocks: Whole Foods Market, Inc. (WFM) Shares Sold by Bank of New York Mellon Corp

Latest Stocks: Whole Foods Market, Inc. (WFM) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lowered its position in shares of Whole Foods Market, Inc. (NASDAQ:WFM) by 0.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,139,840 shares of the company’s stock after selling 2,159 shares during the period. Bank of New York Mellon Corp owned approximately 0.99% of Whole Foods Market worth $93,316,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Henderson Group PLC boosted its stake in Whole Foods Market by 257.7% in the first quarter. Henderson Group PLC now owns 142,361 shares of the company’s stock worth $4,230,000 after buying an additional 102,565 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Whole Foods Market by 98.7% in the first quarter. Daiwa Securities Group Inc. now owns 15,700 shares of the company’s stock valued at $467,000 after buying an additional 7,800 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its stake in shares of Whole Foods Market by 68.6% in the first quarter. DekaBank Deutsche Girozentrale now owns 58,320 shares of the company’s stock valued at $1,753,000 after buying an additional 23,736 shares in the last quarter. Flinton Capital Management LLC boosted its stake in shares of Whole Foods Market by 10.3% in the first quarter. Flinton Capital Management LLC now owns 185,220 shares of the company’s stock valued at $5,505,000 after buying an additional 17,304 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its stake in shares of Whole Foods Market by 16.3% in the first quarter. Advisors Asset Management Inc. now owns 20,366 shares of the company’s stock valued at $605,000 after buying an additional 2,851 shares in the last quarter. 85.46% of the stock is owned by institutional investors and hedge funds.

Shares of Whole Foods Market, Inc. (WFM) opened at 35.13 on Tuesday. The firm’s 50-day moving average is $35.90 and its 200-day moving average is $32.00. The company has a market capitalization of $11.23 billion, a price-to-earnings ratio of 27.97 and a beta of 0.75. Whole Foods Market, Inc. has a 12-month low of $27.67 and a 12-month high of $38.29.

Whole Foods Market (NASDAQ:WFM) last issued its quarterly earnings data on Wednesday, May 10th. The company reported $0.37 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.37. The business had revenue of $3.74 million for the quarter, compared to analysts’ expectations of $3.73 billion. Whole Foods Market had a return on equity of 14.57% and a net margin of 2.81%. The company’s revenue for the quarter was down 99.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.44 EPS. On average, equities analysts predict that Whole Foods Market, Inc. will post $1.31 EPS for the current year. The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 11th. Stockholders of record on Friday, June 30th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 2.05%. This is a boost from Whole Foods Market’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Wednesday, June 28th. Whole Foods Market’s dividend payout ratio is 40.29%.

Several analysts have recently commented on the stock. Credit Suisse Group AG reissued a “buy” rating and set a $36.00 price target on shares of Whole Foods Market in a research note on Wednesday, April 5th. Wells Fargo & Co restated a “hold” rating on shares of Whole Foods Market in a report on Wednesday, February 8th. Pivotal Research restated a “sell” rating and issued a $20.00 price objective on shares of Whole Foods Market in a report on Friday, April 14th. Standpoint Research initiated coverage on shares of Whole Foods Market in a report on Tuesday, April 11th. They issued a “sell” rating and a $28.00 target price on the stock. Finally, Oppenheimer Holdings Inc. reiterated an “outperform” rating and issued a $40.00 target price (up from $35.00) on shares of Whole Foods Market in a report on Friday, April 14th. Seven equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $33.01. In related news, insider Angela Lorenzen sold 1,431 shares of the 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 sale, the insider now owns 1,131 shares in the company, valued at approximately $41,100.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Christina Minardi sold 2,061 shares of the company’s stock in a transaction on Thursday, March 9th. The shares were sold at an average price of $29.30, for a total value of $60,387.30. Following the completion of the transaction, the insider now directly owns 1,461 shares in the company, valued at approximately $42,807.30. The disclosure for this sale can be found here. Insiders have sold a total of 20,527 shares of company stock worth $604,075 over the last ninety days. Insiders own 1.30% of the company’s stock.

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 MarketBeat.com’s FREE daily email newsletter.

Related posts

Leave a Comment