Dimensional Fund Advisors LP Sells 37,425 Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM)

Dimensional Fund Advisors LP decreased its position in Sprouts Farmers Market, Inc. (NASDAQ:SFMGet Rating) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,929,966 shares of the company’s stock after selling 37,425 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.61% of Sprouts Farmers Market worth $86,963,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Sterling Investment Advisors Ltd. bought a new stake in Sprouts Farmers Market during the fourth quarter worth $27,000. CWM LLC bought a new position in Sprouts Farmers Market during the fourth quarter valued at about $44,000. Retirement Planning Co of New England Inc. purchased a new stake in Sprouts Farmers Market during the fourth quarter worth about $52,000. Sandy Cove Advisors LLC bought a new stake in Sprouts Farmers Market in the fourth quarter worth about $59,000. Finally, Strs Ohio purchased a new position in Sprouts Farmers Market in the fourth quarter valued at about $62,000.

In other Sprouts Farmers Market news, insider Gilliam Phipps sold 2,364 shares of Sprouts Farmers Market stock in a transaction that occurred on Friday, May 13th. The shares were sold at an average price of $24.96, for a total transaction of $59,005.44. Following the completion of the sale, the insider now directly owns 28,272 shares in the company, valued at $705,669.12. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Terri F. Graham sold 3,623 shares of the business’s stock in a transaction that occurred on Friday, March 4th. The stock was sold at an average price of $33.53, for a total transaction of $121,479.19. The disclosure for this sale can be found here. In the last ninety days, insiders sold 108,310 shares of company stock worth $3,475,206. Insiders own 0.71% of the company’s stock.

SFM stock opened at $24.94 on Friday. The stock has a 50-day simple moving average of $31.02 and a two-hundred day simple moving average of $28.71. Sprouts Farmers Market, Inc. has a twelve month low of $21.18 and a twelve month high of $35.34. The firm has a market capitalization of $2.73 billion, a PE ratio of 11.44, a PEG ratio of 1.71 and a beta of 0.38. The company has a quick ratio of 0.70, a current ratio of 1.22 and a debt-to-equity ratio of 0.26.

Sprouts Farmers Market (NASDAQ:SFMGet Rating) last issued its quarterly earnings data on Wednesday, May 4th. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.72 by $0.07. Sprouts Farmers Market had a net margin of 4.05% and a return on equity of 25.65%. The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same quarter in the previous year, the company earned $0.70 earnings per share. Sprouts Farmers Market’s revenue for the quarter was up 4.2% on a year-over-year basis. On average, equities research analysts anticipate that Sprouts Farmers Market, Inc. will post 2.15 EPS for the current fiscal year.

A number of equities research analysts recently commented on the stock. StockNews.com raised shares of Sprouts Farmers Market from a “hold” rating to a “buy” rating in a report on Saturday, April 16th. Gordon Haskett increased their price target on Sprouts Farmers Market from $22.00 to $25.00 in a research note on Monday, March 7th. Bank of America downgraded shares of Sprouts Farmers Market from a “buy” rating to an “underperform” rating and dropped their price objective for the company from $40.00 to $25.00 in a report on Thursday, May 5th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Sprouts Farmers Market from $33.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday, February 23rd. Finally, Credit Suisse Group upped their price target on shares of Sprouts Farmers Market from $25.00 to $30.00 and gave the company a “neutral” rating in a research note on Monday, February 28th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $27.33.

Sprouts Farmers Market Profile (Get Rating)

Sprouts Farmers Market, Inc offers fresh, natural, and organic food products in the United States. The company offers perishable product categories, including fresh produce, meat, 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.

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

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