Dupont Capital Management Corp Sells 8,571 Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM)

Dupont Capital Management Corp decreased its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFMGet Rating) by 29.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,605 shares of the company’s stock after selling 8,571 shares during the period. Dupont Capital Management Corp’s holdings in Sprouts Farmers Market were worth $572,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Canada Pension Plan Investment Board bought a new stake in shares of Sprouts Farmers Market during the first quarter valued at approximately $35,000. Ronald Blue Trust Inc. raised its position in shares of Sprouts Farmers Market by 398.3% during the third quarter. Ronald Blue Trust Inc. now owns 1,171 shares of the company’s stock valued at $30,000 after buying an additional 936 shares during the last quarter. Ellevest Inc. raised its position in shares of Sprouts Farmers Market by 103.6% during the second quarter. Ellevest Inc. now owns 1,234 shares of the company’s stock valued at $31,000 after buying an additional 628 shares during the last quarter. Platinum Investment Management Ltd. raised its position in shares of Sprouts Farmers Market by 36.3% during the second quarter. Platinum Investment Management Ltd. now owns 1,758 shares of the company’s stock valued at $45,000 after buying an additional 468 shares during the last quarter. Finally, CWM LLC raised its position in shares of Sprouts Farmers Market by 59.2% during the second quarter. CWM LLC now owns 1,840 shares of the company’s stock valued at $47,000 after buying an additional 684 shares during the last quarter. Institutional investors own 99.11% of the company’s stock.

Sprouts Farmers Market Stock Down 0.4 %

Shares of NASDAQ:SFM opened at $32.00 on Friday. The firm has a market capitalization of $3.39 billion, a PE ratio of 13.97, a price-to-earnings-growth ratio of 1.77 and a beta of 0.44. The business has a 50 day simple moving average of $32.89 and a two-hundred day simple moving average of $29.84. Sprouts Farmers Market, Inc. has a 1 year low of $22.56 and a 1 year high of $35.34. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.28 and a quick ratio of 0.71.

Sprouts Farmers Market (NASDAQ:SFMGet Rating) last posted its quarterly earnings data on Tuesday, November 8th. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.09. Sprouts Farmers Market had a return on equity of 25.06% and a net margin of 3.99%. The company had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.58 billion. On average, equities analysts predict that Sprouts Farmers Market, Inc. will post 2.34 EPS for the current year.

Insider Transactions at Sprouts Farmers Market

In related news, CEO Jack Sinclair sold 85,953 shares of Sprouts Farmers Market stock in a transaction dated Monday, December 5th. The shares were sold at an average price of $33.77, for a total transaction of $2,902,632.81. Following the completion of the sale, the chief executive officer now owns 207,638 shares in the company, valued at approximately $7,011,935.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Sprouts Farmers Market news, insider Brandon F. Lombardi sold 5,000 shares of the company’s stock in a transaction on Wednesday, November 16th. The stock was sold at an average price of $34.09, for a total value of $170,450.00. Following the completion of the sale, the insider now directly owns 28,150 shares in the company, valued at approximately $959,633.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Jack Sinclair sold 85,953 shares of the firm’s stock in a transaction on Monday, December 5th. The shares were sold at an average price of $33.77, for a total value of $2,902,632.81. Following the transaction, the chief executive officer now owns 207,638 shares in the company, valued at approximately $7,011,935.26. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 120,688 shares of company stock worth $4,049,303. Insiders own 0.71% of the company’s stock.

Wall Street Analyst Weigh In

SFM has been the subject of a number of recent research reports. The Goldman Sachs Group raised their target price on shares of Sprouts Farmers Market from $26.00 to $29.00 and gave the company a “sell” rating in a report on Wednesday, November 30th. Northcoast Research lowered shares of Sprouts Farmers Market from a “buy” rating to a “neutral” rating in a report on Thursday, November 17th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Sprouts Farmers Market from $34.00 to $38.00 in a report on Wednesday, November 9th. MKM Partners lowered shares of Sprouts Farmers Market from a “buy” rating to a “neutral” rating and set a $38.00 target price for the company. in a report on Friday, November 11th. Finally, Credit Suisse Group reissued a “neutral” rating and issued a $35.00 target price on shares of Sprouts Farmers Market in a report on Tuesday, December 20th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Sprouts Farmers Market has a consensus rating of “Hold” and an average target price of $31.57.

About Sprouts Farmers Market

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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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