Sprouts Farmers Market, Inc. (SFM) Shares Sold by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado reduced its stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 11.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,043 shares of the company’s stock after selling 3,406 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Sprouts Farmers Market were worth $489,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of SFM. Advisory Services Network LLC lifted its stake in Sprouts Farmers Market by 1,093.0% during the second quarter. Advisory Services Network LLC now owns 5,309 shares of the company’s stock valued at $120,000 after purchasing an additional 4,864 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in Sprouts Farmers Market by 9.4% during the first quarter. PNC Financial Services Group Inc. now owns 5,460 shares of the company’s stock valued at $126,000 after purchasing an additional 468 shares during the last quarter. Benjamin F. Edwards & Company Inc. lifted its stake in Sprouts Farmers Market by 2.3% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 7,525 shares of the company’s stock valued at $171,000 after purchasing an additional 170 shares during the last quarter. Victory Capital Management Inc. lifted its stake in Sprouts Farmers Market by 17.6% during the second quarter. Victory Capital Management Inc. now owns 7,739 shares of the company’s stock valued at $175,000 after purchasing an additional 1,161 shares during the last quarter. Finally, First Quadrant L P CA lifted its stake in Sprouts Farmers Market by 16.3% during the second quarter. First Quadrant L P CA now owns 7,905 shares of the company’s stock valued at $179,000 after purchasing an additional 1,105 shares during the last quarter. 88.87% of the stock is owned by institutional investors.

In other Sprouts Farmers Market news, CFO Bradley Lukow purchased 7,000 shares of the company’s stock in a transaction dated Tuesday, August 29th. The shares were bought at an average price of $19.80 per share, for a total transaction of $138,600.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Steven H. Townsend sold 15,000 shares of the stock in a transaction on Thursday, August 17th. The stock was sold at an average price of $24.42, for a total transaction of $366,300.00. The disclosure for this sale can be found here. Corporate insiders own 2.60% of the company’s stock.

Sprouts Farmers Market, Inc. (SFM) opened at $20.85 on Tuesday. The firm has a market cap of $2,767.87, a P/E ratio of 21.44, a price-to-earnings-growth ratio of 1.85 and a beta of 0.54. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.00 and a quick ratio of 0.23. Sprouts Farmers Market, Inc. has a 12 month low of $17.38 and a 12 month high of $25.98.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings results on Thursday, November 2nd. The company reported $0.23 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.05. Sprouts Farmers Market had a net margin of 3.01% and a return on equity of 21.00%. The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same quarter in the prior year, the business posted $0.16 EPS. Sprouts Farmers Market’s quarterly revenue was up 16.4% on a year-over-year basis. equities research analysts expect that Sprouts Farmers Market, Inc. will post 0.99 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: “Sprouts Farmers Market, Inc. (SFM) Shares Sold by Public Employees Retirement Association of Colorado” was first posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this story on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright law. The original version of this story can be viewed at https://www.chaffeybreeze.com/2017/11/14/sprouts-farmers-market-inc-sfm-shares-sold-by-public-employees-retirement-association-of-colorado.html.

Several equities research analysts recently commented on SFM shares. Jefferies Group LLC restated a “hold” rating and issued a $26.00 price target on shares of Sprouts Farmers Market in a research report on Tuesday, July 25th. TheStreet upgraded shares of Sprouts Farmers Market from a “c+” rating to a “b-” rating in a research report on Tuesday, July 25th. Royal Bank Of Canada set a $28.00 price target on shares of Sprouts Farmers Market and gave the company a “buy” rating in a research report on Monday, July 31st. Wells Fargo & Company restated a “buy” rating on shares of Sprouts Farmers Market in a research report on Thursday, August 3rd. Finally, J P Morgan Chase & Co upgraded shares of Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and upped their price target for the company from $24.00 to $27.00 in a research report on Friday, August 4th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $24.44.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc is a food retailer. The Company operates as a grocery store that offers fresh, natural and organic food that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, body care and natural household items catering to consumers’ interest in health and wellness.

Institutional Ownership by Quarter for Sprouts Farmers Market (NASDAQ:SFM)

Receive News & Ratings for Sprouts Farmers Market Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprouts Farmers Market Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply