Amazon to Acquire Whole Foods in Big Grocery Shakeup


Whole Foods Market, Inc. 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 in the last quarter. Private Advisor Group LLC boosted its position in shares of Whole Foods Market by 138.7% in the fourth quarter. Moreover, Forward Management Llc has 1.97% invested in the company for 1.16 million shares. (NASDAQ:WFM) said that, Amazon's offer to buy Whole Foods Market for $13.7 billion could usher in a new phase of retail, with the potential for hybrid stores and an increasingly fluid sense of where goods come from and how they get to consumers. The stock of Whole Foods Market, Inc. The company reported $0.37 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.37. FTR's sales growth for past 5 years was 11.20% and its EPS growth for past 5 years was -40.40%. (WFM) traded up 0.87% during trading on Monday, hitting $43.05. The stock, as of recent close, has shown weekly upbeat performance of 19.45% which was maintained at 18.42% in 1-month period. The stock has a 50 day moving average price of $35.95 and a 200-day moving average price of $32.29. This is an increase from Whole Foods Market's previous quarterly dividend of $0.14. Traders purchased 22,023 put options on the stock. "Whole Foods was losing market share to Kroger", said Brittain Ladd, who until earlier this year was a senior manager working to roll out AmazonFresh globally. Sure, the percentage is discouraging but more headwinds are coming as looking out over a next 5-year period, analysts expect the company to see its earnings go down by 0%, annually. The analysts believe that the supermarket company is expected to benefit from Amazon's financial capacity, which allows it to price its products aggressively, compared to other market players. 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% compared to the same quarter past year. Whole Foods Market has a 12-month low of $27.67 and a 12-month high of $43.45. Shareholders of record on Friday, June 30th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Wednesday, June 28th. This represents a $0.72 annualized dividend and a yield of 2.18%. This is a boost from Whole Foods Market's previous quarterly dividend of $0.14. Whole Foods Market's payout ratio is 44.44%. The original version of this story can be accessed at If you are viewing this article on another website, it was stolen and reposted in violation of United States and global trademark and copyright laws. Deutsche Bank maintained it with "Hold" rating and $28 target in Wednesday, April 12 report.

Analysts await Harmonic Inc (NASDAQ:HLIT) to report earnings on August, 8.

A number of other analysts have also recently weighed in on WFM. As per Thursday, July 30, the company rating was downgraded by Sterne Agee CRT. Credit Suisse upgraded Whole Foods Market, Inc. Wells Fargo maintained the shares of WFM in report on Tuesday, April 11 with "Hold" rating. (NASDAQ:WFM) on Wednesday, April 12 with "Hold" rating. The company presently has an average rating of "Hold" and an average price target of $35.92.

The stock increased 0.48% or $0.43 on June 16, reaching $90.52. The stock was sold at an average price of $36.48, for a total value of $80,256.00. Corporate insiders own 1.30% of the company's stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The stock of Celanese Corporation (NYSE:CE) earned "Outperform" rating by Cowen & Co on Thursday, December 1. The stock was sold at an average price of $27.52, for a total transaction of $399,095.04. SRB Corp now owns 5,033 shares of the company's stock worth $143,000 after buying an additional 552 shares in the last quarter.

Trillium Asset Management Llc decreased Whole Foods Mkt Inc (WFM) stake by 6.54% reported in 2016Q4 SEC filing.