Sprouts Farmers Market, Inc. (NASDAQ:SFM) Shares Acquired by UMB Bank n.a.

UMB Bank n.a. boosted its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) by 32.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 802 shares of the company’s stock after purchasing an additional 197 shares during the quarter. UMB Bank n.a.’s holdings in Sprouts Farmers Market were worth $102,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC raised its stake in shares of Sprouts Farmers Market by 2.3% during the third quarter. Geode Capital Management LLC now owns 2,484,059 shares of the company’s stock worth $275,634,000 after purchasing an additional 56,161 shares during the last quarter. JPMorgan Chase & Co. raised its position in Sprouts Farmers Market by 13.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,349,694 shares of the company’s stock worth $149,020,000 after buying an additional 156,175 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Sprouts Farmers Market by 5.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 983,257 shares of the company’s stock worth $108,561,000 after acquiring an additional 48,103 shares during the period. Driehaus Capital Management LLC boosted its holdings in shares of Sprouts Farmers Market by 7.8% in the second quarter. Driehaus Capital Management LLC now owns 734,992 shares of the company’s stock valued at $61,489,000 after acquiring an additional 53,165 shares in the last quarter. Finally, Royal London Asset Management Ltd. increased its stake in shares of Sprouts Farmers Market by 1.5% during the third quarter. Royal London Asset Management Ltd. now owns 698,506 shares of the company’s stock worth $77,122,000 after acquiring an additional 10,326 shares during the period.

Sprouts Farmers Market Trading Up 0.1 %

Shares of SFM opened at $146.42 on Friday. Sprouts Farmers Market, Inc. has a 1-year low of $48.98 and a 1-year high of $155.64. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.13 and a quick ratio of 0.59. The firm has a 50 day simple moving average of $141.51 and a 200-day simple moving average of $118.30. The stock has a market cap of $14.64 billion, a price-to-earnings ratio of 42.32, a price-to-earnings-growth ratio of 1.94 and a beta of 0.63.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last released its quarterly earnings results on Wednesday, October 30th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.14. The company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.88 billion. Sprouts Farmers Market had a return on equity of 28.24% and a net margin of 4.73%. Sprouts Farmers Market’s revenue was up 13.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.65 earnings per share. Equities analysts forecast that Sprouts Farmers Market, Inc. will post 3.68 EPS for the current fiscal year.

Insider Buying and Selling at Sprouts Farmers Market

In related news, CEO Jack Sinclair sold 2,935 shares of the company’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $138.74, for a total value of $407,201.90. Following the completion of the transaction, the chief executive officer now directly owns 149,499 shares in the company, valued at approximately $20,741,491.26. This represents a 1.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Joseph D. O’leary sold 350 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $150.11, for a total value of $52,538.50. Following the completion of the sale, the director now directly owns 17,991 shares in the company, valued at approximately $2,700,629.01. The trade was a 1.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 61,869 shares of company stock worth $8,778,152. Corporate insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on SFM. The Goldman Sachs Group lifted their price objective on Sprouts Farmers Market from $127.00 to $159.00 and gave the company a “buy” rating in a report on Friday, November 1st. Wells Fargo & Company upped their price objective on Sprouts Farmers Market from $90.00 to $130.00 and gave the stock an “equal weight” rating in a report on Thursday, October 31st. Evercore ISI raised their target price on Sprouts Farmers Market from $155.00 to $160.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. StockNews.com raised shares of Sprouts Farmers Market from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. Finally, BMO Capital Markets raised their price objective on shares of Sprouts Farmers Market from $102.00 to $140.00 and gave the company a “market perform” rating in a research note on Thursday, October 31st. Eight investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Sprouts Farmers Market presently has an average rating of “Hold” and an average target price of $118.40.

Get Our Latest Stock Analysis on SFM

Sprouts Farmers Market Profile

(Free Report)

Sprouts Farmers Market, Inc, together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States. It offers perishable product categories, including fresh produce, meat and meat alternatives, 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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