Sprouts Farmers Market Inc (SFM) Position Increased by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH boosted its stake in Sprouts Farmers Market Inc (NASDAQ:SFM) by 43.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,013,928 shares of the company’s stock after acquiring an additional 305,000 shares during the period. Fort Washington Investment Advisors Inc. OH owned 0.79% of Sprouts Farmers Market worth $23,837,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in SFM. BlackRock Inc. lifted its position in Sprouts Farmers Market by 1.9% during the third quarter. BlackRock Inc. now owns 11,178,725 shares of the company’s stock valued at $306,410,000 after buying an additional 205,107 shares during the period. Washington Capital Management Inc. purchased a new position in Sprouts Farmers Market during the fourth quarter valued at $465,000. Credit Suisse AG lifted its position in Sprouts Farmers Market by 24.5% during the third quarter. Credit Suisse AG now owns 148,019 shares of the company’s stock valued at $4,057,000 after buying an additional 29,139 shares during the period. Rehmann Capital Advisory Group lifted its position in Sprouts Farmers Market by 2,641.0% during the third quarter. Rehmann Capital Advisory Group now owns 47,611 shares of the company’s stock valued at $1,737,000 after buying an additional 45,874 shares during the period. Finally, Daiwa SB Investments Ltd. lifted its position in Sprouts Farmers Market by 48.5% during the fourth quarter. Daiwa SB Investments Ltd. now owns 281,794 shares of the company’s stock valued at $6,625,000 after buying an additional 91,973 shares during the period. Institutional investors and hedge funds own 94.04% of the company’s stock.

In other Sprouts Farmers Market news, Director Shon A. Boney bought 88,500 shares of the firm’s stock in a transaction on Friday, November 30th. The stock was acquired at an average price of $22.83 per share, with a total value of $2,020,455.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider David Mcglinchey bought 5,000 shares of the firm’s stock in a transaction on Friday, November 30th. The stock was acquired at an average cost of $23.10 per share, with a total value of $115,500.00. The disclosure for this purchase can be found here. In the last three months, insiders acquired 109,500 shares of company stock valued at $2,512,275. 1.80% of the stock is owned by insiders.



SFM opened at $23.52 on Monday. The company has a quick ratio of 0.30, a current ratio of 1.15 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $3.00 billion, a PE ratio of 23.29, a P/E/G ratio of 1.46 and a beta of 0.56. Sprouts Farmers Market Inc has a 1 year low of $20.63 and a 1 year high of $29.67.

Several equities analysts have commented on the company. Zacks Investment Research lowered Sprouts Farmers Market from a “hold” rating to a “sell” rating in a research report on Friday, February 1st. Buckingham Research assumed coverage on Sprouts Farmers Market in a research report on Thursday. They set a “neutral” rating and a $23.75 price objective for the company. ValuEngine lowered Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research report on Saturday, December 1st. Sanford C. Bernstein assumed coverage on Sprouts Farmers Market in a research report on Friday, November 16th. They set an “underperform” rating and a $23.00 price objective for the company. Finally, Loop Capital set a $29.00 price objective on Sprouts Farmers Market and gave the company a “hold” rating in a research report on Friday, November 30th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the stock. Sprouts Farmers Market has a consensus rating of “Hold” and a consensus price target of $26.99.

TRADEMARK VIOLATION WARNING: This news story was reported by Dakota Financial News and is owned by of Dakota Financial News. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of United States and international trademark & copyright legislation. The legal version of this news story can be viewed at https://dakotafinancialnews.com/2019/02/11/sprouts-farmers-market-inc-sfm-position-increased-by-fort-washington-investment-advisors-inc-oh.html.

Sprouts Farmers Market Profile

Sprouts Farmers Market, Inc, a healthy grocery store, provides fresh, natural, and organic food products in the United States. Its stores offer fresh produce, meat and seafood, deli and baked goods, packaged groceries, vitamins and supplements, bulk foods, dairy and dairy alternatives, frozen foods, beer and wine, and natural body care and household items.

Recommended Story: What is a stock split?

Want to see what other hedge funds are holding SFM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprouts Farmers Market Inc (NASDAQ:SFM).

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

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

Leave a Reply