V Square Quantitative Management LLC Has $58,000 Position in Sprouts Farmers Market, Inc. (NASDAQ:SFM)

V Square Quantitative Management LLC boosted its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 32.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 460 shares of the company’s stock after acquiring an additional 114 shares during the quarter. V Square Quantitative Management LLC’s holdings in Sprouts Farmers Market were worth $58,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Vontobel Holding Ltd. acquired a new position in Sprouts Farmers Market during the fourth quarter worth $226,000. Van ECK Associates Corp grew its holdings in shares of Sprouts Farmers Market by 33.6% during the fourth quarter. Van ECK Associates Corp now owns 79,289 shares of the company’s stock worth $10,075,000 after purchasing an additional 19,921 shares during the last quarter. Legato Capital Management LLC bought a new stake in shares of Sprouts Farmers Market during the fourth quarter worth $780,000. Summit Trail Advisors LLC bought a new stake in shares of Sprouts Farmers Market during the fourth quarter worth $213,000. Finally, Savant Capital LLC bought a new stake in shares of Sprouts Farmers Market during the fourth quarter worth $243,000.

Wall Street Analyst Weigh In

Several brokerages have recently commented on SFM. Bank of America increased their target price on Sprouts Farmers Market from $165.00 to $185.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. BMO Capital Markets increased their target price on Sprouts Farmers Market from $102.00 to $140.00 and gave the stock a “market perform” rating in a report on Thursday, October 31st. The Goldman Sachs Group increased their target price on Sprouts Farmers Market from $127.00 to $159.00 and gave the stock a “buy” rating in a report on Friday, November 1st. StockNews.com upgraded Sprouts Farmers Market from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. Finally, Wells Fargo & Company raised their price target on Sprouts Farmers Market from $130.00 to $140.00 and gave the company an “equal weight” rating in a report on Thursday, January 30th. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Sprouts Farmers Market has an average rating of “Hold” and a consensus price target of $124.40.

Sprouts Farmers Market Price Performance

Shares of SFM opened at $177.12 on Tuesday. The company has a current ratio of 1.13, a quick ratio of 0.59 and a debt-to-equity ratio of 0.01. Sprouts Farmers Market, Inc. has a 1 year low of $52.04 and a 1 year high of $178.46. The stock has a market cap of $17.71 billion, a P/E ratio of 51.19, a price-to-earnings-growth ratio of 2.25 and a beta of 0.63. The stock’s 50-day moving average price is $146.76 and its two-hundred day moving average price is $128.14.

Insiders Place Their Bets

In other news, Director Douglas Gregory Rauch sold 700 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $148.89, for a total transaction of $104,223.00. Following the sale, the director now owns 10,874 shares of the company’s stock, valued at $1,619,029.86. This trade represents a 6.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jack Sinclair sold 2,935 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $138.74, for a total value of $407,201.90. Following the sale, 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 position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 42,614 shares of company stock worth $6,323,731. Insiders own 1.10% of the company’s stock.

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.