Great West Life Assurance Co. Can purchased a new position in Sprouts Farmers Market, Inc. (NASDAQ:SFM – Get Rating) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 96,040 shares of the company’s stock, valued at approximately $2,663,000. Great West Life Assurance Co. Can owned 0.09% of Sprouts Farmers Market at the end of the most recent quarter.
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A number of other hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in Sprouts Farmers Market by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 11,017,621 shares of the company’s stock valued, 4 at $35 buying an additional 57,361 shares in the last quarter. FMR LLC grew its stake in Sprouts Farmers Market by 46.3% in the 2nd quarter. FMR LLC now owns 9,631,930 shares of the company’s stock valued at $243,881,000 after buying an additional 3,048,706 shares in the last quarter . Renaissance Technologies LLC grew its stake in Sprouts Farmers Market by 3.5% in the 2nd quarter. Renaissance Technologies LLC now owns 6,106,432 shares of the company’s stock valued at $154,615,000 after buying an additional 208,100 shares in the last quarter. State Street Corp grew its stake in Sprouts Farmers Market by 0.4% in the 1st quarter. State Street Corp now owns 3,850,145 shares of the company’s stock valued at $123,128,000 after buying an additional 16,499 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Sprouts Farmers Market by 2.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,007,506 shares of the company’s stock valued at $96,180,000 after buying an additional 77,540 shares in the last quarter. Institutional investors own 99.11% of the company’s stock.
Sprouts Farmers Market Stock Performance
NASDAQ SFM opened at $31.97 on Friday. Sprouts Farmers Market, Inc. has a 52-week low of $22.56 and a 52-week high of $35.34. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.71 and a current ratio of 1.28. The company has a market capitalization of $3.38 billion, a P/E ratio of 13.96, a P/E/G ratio of 1.71 and a beta of 0.44. The company has a fifty day moving average of $32.73 and a 200-day moving average of $30.14.
Sprouts Farmers Market (NASDAQ:SFM – Get Rating) last posted its quarterly earnings data on Tuesday, November 8th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.09. had a net margin of 3.99% and a return on equity of 25.06%. The company had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.58 billion. As a group, equities research analysts predict that Sprouts Farmers Market, Inc . will post 2.34 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
SFM has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Sprouts Farmers Market from $34.00 to $38.00 in a research note on Wednesday, November 9th. Northcoast Research lowered shares of Markets a Farmers “buy” rating to a “neutral” rating in a research report on Thursday, November 17th. Credit Suisse Group restated a “neutral” rating and set a $35.00 price target on shares of Sprouts Farmers Market in a research report on Tuesday, December 20th . The Goldman Sachs Group boosted their price target on shares of Sprouts Farmers Market from $26.00 to $29.00 and gave the company a “sell” rating in a research report on Wednesday, November 30th. Finally, MKM Partners lowered shares of Sprouts Farmers Market from a “buy” rating to a “neutral” rating and set a $38.00 price target for the company. in a research report on Friday, November 11th. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, Sprouts Farmers Market has an average rating of “Hold” and an average target price of $31.57.
Insider Transactions at Sprouts Farmers Market
In other news, CEO Jack Sinclair sold 85,953 shares of Sprouts Farmers Market stock in a transaction on Monday, December 5th. The shares were sold at an average price of $33.77, for a total transaction of $2,902,632.81. Following the completion, of the sale chief executive officer now directly owns 207,638 shares of the company’s stock, valued at approximately $7,011,935.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Sprouts Farmers Market news, CEO Jack Sinclair sold 85,953 shares of the business’s stock in a transaction on Monday, December 5th. The shares were sold at an average price of $33.77, for a total value of $2,902,632.81. of the company’s stock, valued at $7,011,935.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is access ible through the SEC website. Also, VP Stacy W. Hilgendorf sold 9,440 shares of the business’s stock in a transaction on Wednesday, November 9th. The stock was sold at an average price of $32.00, for a total transaction of $302,080.00. com Following the of the sale, the vice president now directly owns 10,902 shares of the company’s stock, valued at $348,864. The disclosure for this sale can be found here. In the last ninety days, insiders sold 120,688 shares of the company’s stock valued at $4,049,303 Insiders own. 0.71% of the company’s stock.
About Sprouts Farmers Market
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Sprouts Farmers Market, Inc engages in the operation of healthy grocery stores. The firm specializes in fresh, natural and organic products. Its products include fresh produce, bulk foods, vitamins and supplements, grocery, meat and seafood, deli, bakery, dairy, frozen foods, body care and natural household items.
See Also
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