Robeco Schweiz AG Cuts Stock Holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM)

Robeco Schweiz AG lessened its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 18.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 86,111 shares of the company’s stock after selling 18,900 shares during the quarter. Robeco Schweiz AG’s holdings in Sprouts Farmers Market were worth $10,942,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently modified their holdings of the company. Accent Capital Management LLC purchased a new position in Sprouts Farmers Market in the 3rd quarter worth approximately $25,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in Sprouts Farmers Market in the 4th quarter worth $31,000. Avior Wealth Management LLC grew its holdings in Sprouts Farmers Market by 93.5% in the 4th quarter. Avior Wealth Management LLC now owns 269 shares of the company’s stock worth $34,000 after acquiring an additional 130 shares during the last quarter. Global Retirement Partners LLC increased its position in shares of Sprouts Farmers Market by 84.1% in the fourth quarter. Global Retirement Partners LLC now owns 289 shares of the company’s stock valued at $37,000 after acquiring an additional 132 shares during the period. Finally, First Horizon Advisors Inc. raised its stake in shares of Sprouts Farmers Market by 80.6% during the third quarter. First Horizon Advisors Inc. now owns 363 shares of the company’s stock valued at $40,000 after acquiring an additional 162 shares during the last quarter.

Wall Street Analyst Weigh In

Several research firms recently issued reports on SFM. StockNews.com raised Sprouts Farmers Market from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Wells Fargo & Company lifted their price objective on Sprouts Farmers Market from $140.00 to $170.00 and gave the stock an “equal weight” rating in a research report on Friday, February 21st. BMO Capital Markets upped their target price on Sprouts Farmers Market from $140.00 to $180.00 and gave the company a “market perform” rating in a report on Friday, February 21st. Jefferies Financial Group raised their price target on Sprouts Farmers Market from $119.00 to $139.00 and gave the stock a “hold” rating in a research note on Tuesday. Finally, Evercore ISI boosted their price objective on shares of Sprouts Farmers Market from $155.00 to $160.00 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. Nine analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $151.18.

Insiders Place Their Bets

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 2,915 shares of the company’s stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $167.54, for a total value of $488,379.10. Following the completion of the sale, the chief executive officer now owns 143,669 shares in the company, valued at $24,070,304.26. This represents a 1.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Douglas Gregory Rauch sold 700 shares of Sprouts Farmers Market stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $148.89, for a total value of $104,223.00. Following the transaction, the director now directly owns 10,874 shares in the company, valued at approximately $1,619,029.86. The trade was a 6.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 42,614 shares of company stock worth $6,323,731. Company insiders own 1.10% of the company’s stock.

Sprouts Farmers Market Stock Up 4.4 %

Sprouts Farmers Market stock opened at $151.19 on Thursday. The stock has a market cap of $14.91 billion, a PE ratio of 40.21, a price-to-earnings-growth ratio of 2.31 and a beta of 0.63. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.59 and a current ratio of 1.13. The stock has a fifty day moving average of $148.56 and a 200 day moving average of $130.92. Sprouts Farmers Market, Inc. has a one year low of $60.46 and a one year high of $178.99.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.72 by $0.07. The firm had revenue of $2 billion during the quarter, compared to analyst estimates of $1.96 billion. Sprouts Farmers Market had a net margin of 4.93% and a return on equity of 29.86%. As a group, sell-side analysts predict that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

Sprouts Farmers Market Company Profile

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.