Grocery Stores: Safeway (NYSE:SWY), Whole Foods Market (NASDAQ:WFM), Roundy’s Inc (NYSE:RNDY), Companhia Brasileira de Distrib. (NYSE:CBD)

Posted by on Mar 07, 2014

Safeway Inc. (NYSE:SWY) was downgraded by BB&T Corp. from a “buy” rating to a “hold” rating in a research note issued on Friday,TheFlyOnTheWall.com reports. They currently have a $40.00 price target on the stock. BB&T Corp.’s price objective would indicate a potential upside of 1.32% from the company’s current price. Safeway Inc. (NYSE:SWY) stock opened at $39.65 in last session, and closed at $39.47, while the day range of SWY stock is $39.17-$40.25.The stock showed a positive weekly performance of 5.79%.

Shares of Whole Foods Market (NASDAQ:WFM) were the recipient of a significant growth in short interest during the month of January. As of February 14th, there was short interest totalling 11,141,606 shares, a growth of 23.3% from the January 31st total of 9,036,776 shares, Stock Ratings Network.com reports. Based on an average trading volume of 7,706,845 shares, the short-interest ratio is presently 1.4 days. Currently, 3.0% of the shares of the company are short sold. Whole Foods Market, Inc. (NASDAQ:WFM) stock opened at $54.48, in last session and closed at $53.89, by loosed -0.50%.The 52 week range was $40.69-$65.59.Company’s market capitalization is $20.05 billion.

The most recent short interest data has been released by the NASDAQ.Share decrease in total short interest for Roundy’s Inc (NYSE:RNDY), to 2,660,302, a decrease of 43.84% since 01/31/2014. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the “days to cover” metric because it considers both the total shares short and the average daily volume of shares traded. Roundy’s Inc (NYSE:RNDY) stock gained 0.66% and finished the last session at $6.08.The EPS of the stock remained 0.76.Company’s market capitalization is $302.33 million.

Companhia Brasileira de Distrib. (ADR) (NYSE:CBD) expects to open 400 new food stores by 2016, which includes 360 new convenience stores in its Mini Mercado format. Companhia Brasileira de Distrib. (ADR) (NYSE:CBD) stock opened the session at $42.46, and closed the session at $42.24. The 52 week range of the CBD stock remained $37.83-$57.30 and the day range was $42.06-$42.78.

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