Vanguard Personalized Indexing Management LLC Has $1.12 Million Stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM)
Vanguard Personalized Indexing Management LLC lifted its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) by 10.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,343 shares of the company’s stock after buying an additional 2,125 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Sprouts Farmers Market were worth $1,123,000 at the end of the most recent reporting period. A number of other hedge funds have also bought and sold shares of the company. Nordea Investment Management AB grew its position in shares of Sprouts Farmers Market by 614.5% during the 4th quarter. Nordea Investment Management AB now owns 3,039,640 shares of the company’s stock worth $146,359,000 after buying an additional 2,614,241 shares during the period. Boston Trust Walden Corp increased its stake in Sprouts Farmers Market by 1.2% in the fourth quarter. Boston Trust Walden Corp now owns 1,477,341 shares of the company’s stock valued at $71,075,000 after purchasing an additional 17,565 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Sprouts Farmers Market by 6.6% during the third quarter. Invesco Ltd. now owns 1,436,821 shares of the company’s stock valued at $61,496,000 after purchasing an additional 88,997 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Sprouts Farmers Market by 0.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 929,565 shares of the company’s stock worth $44,721,000 after purchasing an additional 6,169 shares in the last quarter. Finally, Royal London Asset Management Ltd. grew its stake in shares of Sprouts Farmers Market by 1.5% in the 3rd quarter. Royal London Asset Management Ltd. now owns 906,391 shares of the company’s stock valued at $38,803,000 after buying an additional 13,701 shares during the period. Insider Activity at Sprouts Farmers Market In related news, insider David Mcglinchey sold 12,219 shares of Sprouts Farmers Market stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $74.01, for a total value of $904,328.19. Following the sale, the insider now owns 25,007 shares of the company’s stock, valued at approximately $1,850,768.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Jack Sinclair sold 31,710 shares of the firm’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $63.03, for a total value of $1,998,681.30. Following the completion of the transaction, the chief executive officer now directly owns 274,981 shares of the company’s stock, valued at $17,332,052.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider David Mcglinchey sold 12,219 shares of the business’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $74.01, for a total value of $904,328.19. Following the sale, the insider now owns 25,007 shares in the company, valued at $1,850,768.07. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 210,567 shares of company stock worth $13,722,524. 1.10% of the stock is owned by company insiders. Wall Street Analysts Forecast Growth A number of research analysts recently weighed in on SFM shares. Deutsche Bank Aktiengesellschaft increased their price target on Sprouts Farmers Market from $60.00 to $63.00 and gave the stock a “hold” rating in a report on Thursday, May 9th. Oppenheimer restated a “market perform” rating on shares of Sprouts Farmers Market in a research note on Monday, April 29th. Evercore ISI raised their price objective on shares of Sprouts Farmers Market from $68.00 to $70.00 and gave the company an “in-line” rating in a research note on Tuesday, May 14th. BMO Capital Markets boosted their target price on shares of Sprouts Farmers Market from $31.00 to $40.00 and gave the stock an “underperform” rating in a research report on Thursday, May 2nd. Finally, Bank of America raised shares of Sprouts Farmers Market from an “underperform” rating to a “buy” rating and raised their price target for the company from $30.00 to $70.00 in a research report on Tuesday, February 27th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Sprouts Farmers Market has an average rating of “Hold” and a consensus price target of $57.25. Check Out Our Latest Research Report on SFM Sprouts Farmers Market Price Performance Shares of NASDAQ SFM opened at $78.57 on Monday. The company has a market capitalization of $7.89 billion, a PE ratio of 27.09, a PEG ratio of 2.80 and a beta of 0.50. The company has a quick ratio of 0.65, a current ratio of 1.19 and a debt-to-equity ratio of 0.11. The stock’s 50 day moving average price is $66.64 and its 200-day moving average price is $55.35. Sprouts Farmers Market, Inc. has a twelve month low of $32.12 and a twelve month high of $78.81. Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last issued its quarterly earnings results on Wednesday, May 1st. The company reported $1.12 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.12. The business had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.85 billion. Sprouts Farmers Market had a return on equity of 26.77% and a net margin of 4.25%. During the same period last year, the company posted $0.98 earnings per share. Sprouts Farmers Market’s quarterly revenue was up 8.7% compared to the same quarter last year. On average, equities analysts anticipate that Sprouts Farmers Market, Inc. will post 3.11 EPS for the current year. Sprouts Farmers Market Profile (Free Report) Sprouts Farmers Market, Inc, together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States. It offers perishable product categories, including fresh produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care. See Also Five stocks we like better than Sprouts Farmers Market How Can Investors Benefit From After-Hours Trading Canada Goose Flies Higher Driven By DTC Growth Dividend Screener: How to Evaluate Dividend Stocks Before Buying CVS Health Stock Has a Silver Lining Called Value Which Wall Street Analysts are the Most Accurate? Magnificent 7 Still Magnificent as the Halfway Mark Approaches?
Sprouts Farmers Market, Inc. (SFM) Hits Fresh High: Is There Still Room to Run?
Sprouts Farmers (SFM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Sprouts Farmers Market, Inc. (SFM) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Sprouts Farmers (SFM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
