Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Five Food Chain Stocks Hedge Funds Like: Kroger Co. (KR), Whole Foods Market Inc. (WFM), & More

Next in line is Whole Foods Market Inc. (NASDAQ:WFM). In the current quarter, the company expects a sales growth of 2%, while earnings per share are estimated at between $0.23 and $0.24. For the full fiscal 2016, the company forecasts square footage growth of around 7% and in the fiscal 2017 it is expected to amount to 6%. A total of 26 investors tracked by us reported positions in Whole Foods Market’s stock worth $721.8 million in aggregate as of the end of June, versus 25 funds and $280.6 million, respectively, a quarter earlier.

Follow Whole Foods Market Inc (NASDAQ:WFM)
Trade (NASDAQ:WFM) Now!

Sprouts Farmers Market Inc. (NASDAQ:SFM) recently has lowered its guidance for the fiscal year 2016. The company expects full-year comparable store sales growth in the range of 1.5% to 2.5%. Last month, the company had guided for comparable store sales growth of 3.5% to 4.5% for the full fiscal year. The downward revision to comparable store sales growth reflects the deflationary environment. Sprouts Farmers lowered its earnings guidance for the fiscal year to between $0.83 and $0.86 per share, well below the consensus estimate of $0.94 per share. There was something for investors to cheer though as Sprouts Farmers announced a $250 million share repurchase program. Among the funds we track at Insider Monkey, 22 investors amassed $135.6 million worth Sprouts Farmers Market’s stock in aggregate at the end of June, having amassed 3.90% of its outstanding stock, compared to 18 funds that held $237.7 million worth of shares a quarter earlier.

Follow Sprouts Farmers Market Inc. (NASDAQ:SFM)
Trade (NASDAQ:SFM) Now!

Vitamin Shoppe Inc. (NYSE:VSI) is a manufacturer and multi-channel specialty retailer of nutritional products. The company is now gearing for international expansion, with the opening of two stores in Panama and three in Costa Rica. However, the analysts’ view of the stock is lukewarm. The consensus price target on the stock is $30.50, which implies an upside of around 10% from the current levels. A total of 15 funds in our database held long positions in Vitamin Shoppe with a total value of $168.92 million at the end of the second quarter, having amassed 22.80% of its outstanding stock, compared to 16 funds that disclosed $191 million worth of shares in aggregate as of the end of March.

Follow Vitamin Shoppe Inc. (NYSE:VSI)
Trade (NYSE:VSI) Now!

Disclosure: none

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.