Bank of Montreal Can Boosts Holdings in Smart & Final Stores Inc (SFS)

Bank of Montreal Can grew its holdings in Smart & Final Stores Inc (NYSE:SFS) by 31.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 332,177 shares of the company’s stock after acquiring an additional 80,229 shares during the period. Bank of Montreal Can owned about 0.44% of Smart & Final Stores worth $1,893,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Martin & Co. Inc. TN lifted its position in shares of Smart & Final Stores by 66.1% during the 2nd quarter. Martin & Co. Inc. TN now owns 339,457 shares of the company’s stock worth $1,884,000 after purchasing an additional 135,142 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Smart & Final Stores by 12.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,772,433 shares of the company’s stock worth $15,387,000 after purchasing an additional 307,158 shares during the last quarter. Manatuck Hill Partners LLC purchased a new stake in shares of Smart & Final Stores during the 2nd quarter worth $555,000. BlackRock Inc. lifted its position in shares of Smart & Final Stores by 85.7% during the 2nd quarter. BlackRock Inc. now owns 3,172,824 shares of the company’s stock worth $17,610,000 after purchasing an additional 1,464,373 shares during the last quarter. Finally, FMR LLC purchased a new stake in shares of Smart & Final Stores during the 2nd quarter worth $9,822,000. Institutional investors and hedge funds own 93.59% of the company’s stock.

In related news, SVP Michael A. Mortensen sold 21,977 shares of the business’s stock in a transaction on Friday, November 2nd. The shares were sold at an average price of $5.14, for a total value of $112,961.78. Following the completion of the sale, the senior vice president now directly owns 76,707 shares of the company’s stock, valued at $394,273.98. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Michael A. Mortensen sold 21,976 shares of the business’s stock in a transaction on Monday, October 1st. The shares were sold at an average price of $5.62, for a total transaction of $123,505.12. The disclosure for this sale can be found here. 9.63% of the stock is currently owned by insiders.

Several research firms have recently issued reports on SFS. Zacks Investment Research cut shares of Smart & Final Stores from a “hold” rating to a “sell” rating in a research report on Thursday, October 18th. ValuEngine cut shares of Smart & Final Stores from a “sell” rating to a “strong sell” rating in a research report on Monday, October 29th. Finally, Deutsche Bank cut shares of Smart & Final Stores from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $9.00 to $6.00 in a research report on Tuesday, October 9th. Three analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. Smart & Final Stores has a consensus rating of “Hold” and a consensus price target of $7.16.

Smart & Final Stores stock opened at $5.06 on Friday. The firm has a market cap of $396.30 million, a PE ratio of 14.88, a PEG ratio of 1.66 and a beta of 1.28. Smart & Final Stores Inc has a 12-month low of $4.45 and a 12-month high of $10.00. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.97 and a quick ratio of 0.30.

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Smart & Final Stores Company Profile

Smart & Final Stores, Inc operates as a food retailer in the United States. It operates in two segments, Smart & Final, and Cash & Carry Smart Foodservice. The company's stores offer fresh perishables and everyday grocery items, such as produce, meat and deli, dairy and cheese, grocery, and beverage products, as well as paper and packaging, and restaurant equipment and janitorial supplies.

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Institutional Ownership by Quarter for Smart & Final Stores (NYSE:SFS)

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