Whole Foods Market, Inc. (WFM) Upgraded at Zacks Investment Research

Some options traders hit the jackpot on the Whole Foods takeover

Call options for Whole Foods Market shares surged Friday after Amazon announced its plans to buy the grocery chain for $13.7

More notable recent Whole Foods Market, Inc. 1st Global Advisors Inc. now owns 17,098 shares of the company's stock worth $508,000 after buying an additional 3,169 shares during the period. (NASDAQ:WFM) news were published by: Chicagotribune.com which released: "Whole Foods CEO says "greedy" investor wants to force sale" on June 14, 2017, also Fool.com with their article: "Why Whole Foods Market, Inc".

Several other brokerages have also issued reports on WFM. Pivotal Research maintained Whole Foods Market, Inc. Advisory Services Network LLC bought a new position in shares of Whole Foods Market during the first quarter worth about $105,000. 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. Coldstream Capital Management Inc. now owns 16,628 shares of the company's stock worth $494,000 after buying an additional 1,963 shares during the period. Finally, Blenheim Capital Management BV purchased a new position in shares of Whole Foods Market during the fourth quarter worth approximately $219,000. On average, equities research analysts expect that Whole Foods Market will post $1.31 earnings per share for the current year. About 59.87M shares traded or 1276.32% up from the average.

Shares of Hecla Mining Company (NYSE:HL) are experiencing unusual volume during today's trading. The firm has a 50-day moving average of $35.95 and a 200 day moving average of $32.29. Whole Foods Market, Inc. has a 52-week low of $27.67 and a 52-week high of $43.45. (NASDAQ:WFM) rating on Thursday, November 5. The company reported $0.37 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.37. The company had revenue of $3.74 million for 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 company's revenue for the quarter was down 99.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.44 earnings per share. Whole Foods Market Inc had 44 analyst reports since July 28, 2015 according to SRatingsIntel. The stock has "Equal Weight" rating by Morgan Stanley on Thursday, July 30. Shareholders of record on Friday, June 30th will be given a dividend of $0.18 per share. This is a positive change from Whole Foods Market's previous quarterly dividend of $0.14. This dividend amount will represent a yeild of $2.04. The ex-dividend date of this dividend is Wednesday, June 28th. Whole Foods Market's dividend payout ratio (DPR) is 44.44%. If you are reading this news story on another website, it was illegally stolen and reposted in violation of United States & global trademark and copyright law. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of U.S. & global trademark & copyright legislation.

WFM has been the subject of several other reports. SunTrust Banks, Inc. restated a buy rating on shares of Whole Foods Market in a research note on Tuesday, April 11th. In addition, someone acquired 5,000 WFM $34 November strike calls for $3.40 to $3.45 on April. 18. Canaccord Genuity downgraded the shares of WFM in report on Thursday, July 30 to "Hold" rating. Six research analysts have rated the stock with a sell rating, fourteen have given a hold rating and nine have issued a buy rating to the stock. "Stock Got Slammed Today" published on June 15, 2017, Benzinga.com published: "Whole Foods Market Downgraded To 1.5 Stars By Vetr" on June 07, 2017. Also, insider Laura A. Derba sold 2,200 shares of the firm's stock in a transaction on Tuesday, May 16th. The shares were sold at an average price of $27.52, for a total value of $399,095.04. Following the completion of the sale, the insider now directly owns 1,131 shares of the company's stock, valued at $41,100.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The disclosure for this sale can be found here. Insiders have sold a total of 18,466 shares of company stock valued at $543,688 in the last three months.

Whole Foods Market, Inc is engaged in the business of natural and organic foods supermarket. The Firm 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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