DGS Capital Management LLC Has $628,000 Stock Holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM)

DGS Capital Management LLC boosted its stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 2.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 4,945 shares of the company’s stock after buying an additional 118 shares during the period. DGS Capital Management LLC’s holdings in Sprouts Farmers Market were worth $628,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of SFM. JPMorgan Chase & Co. increased its position in Sprouts Farmers Market by 13.1% during the third quarter. JPMorgan Chase & Co. now owns 1,349,694 shares of the company’s stock worth $149,020,000 after acquiring an additional 156,175 shares during the period. World Investment Advisors LLC acquired a new position in shares of Sprouts Farmers Market during the 3rd quarter worth approximately $13,348,000. SpiderRock Advisors LLC bought a new position in shares of Sprouts Farmers Market during the third quarter worth approximately $3,252,000. Charles Schwab Investment Management Inc. raised its position in shares of Sprouts Farmers Market by 5.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 983,257 shares of the company’s stock valued at $108,561,000 after buying an additional 48,103 shares in the last quarter. Finally, First Hawaiian Bank bought a new stake in shares of Sprouts Farmers Market in the fourth quarter valued at approximately $1,517,000.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Evercore ISI raised their price objective on Sprouts Farmers Market from $155.00 to $160.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. The Goldman Sachs Group increased their price target on shares of Sprouts Farmers Market from $127.00 to $159.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. BMO Capital Markets upped their target price on Sprouts Farmers Market from $102.00 to $140.00 and gave the stock a “market perform” rating in a research note on Thursday, October 31st. 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 research report on Thursday, October 31st. Finally, Bank of America upped their price target on shares of Sprouts Farmers Market from $115.00 to $135.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Eight investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $118.40.

Sprouts Farmers Market Trading Up 0.2 %

NASDAQ SFM opened at $146.75 on Friday. Sprouts Farmers Market, Inc. has a 12 month low of $49.35 and a 12 month high of $155.64. The business has a fifty day simple moving average of $141.60 and a 200 day simple moving average of $118.74. The company has a current ratio of 1.13, a quick ratio of 0.59 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $14.67 billion, a P/E ratio of 42.41, a PEG ratio of 1.93 and a beta of 0.63.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings results on Wednesday, October 30th. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.14. Sprouts Farmers Market had a net margin of 4.73% and a return on equity of 28.24%. The company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.88 billion. During the same period in the prior year, the firm earned $0.65 earnings per share. Sprouts Farmers Market’s revenue was up 13.6% on a year-over-year basis. On average, analysts predict that Sprouts Farmers Market, Inc. will post 3.68 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Joseph D. O’leary sold 350 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were 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 owns 17,991 shares of the company’s stock, valued at approximately $2,700,629.01. This represents a 1.91 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jack Sinclair sold 2,935 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $138.74, for a total transaction of $407,201.90. Following the completion of the transaction, the chief executive officer now directly owns 149,499 shares of the company’s stock, valued at $20,741,491.26. This trade represents a 1.93 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 61,869 shares of company stock valued at $8,778,152. Corporate 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.