First National Bank of Omaha maintained its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,400 shares of the company’s stock at the end of the second quarter. First National Bank of Omaha’s holdings in Sprouts Farmers Market were worth $1,982,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ladenburg Thalmann Financial Services Inc. raised its position in shares of Sprouts Farmers Market by 6.7% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,216 shares of the company’s stock valued at $119,000 after buying an additional 390 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of Sprouts Farmers Market by 9.4% in the first quarter. PNC Financial Services Group Inc. now owns 5,460 shares of the company’s stock valued at $126,000 after buying an additional 468 shares in the last quarter. Victory Capital Management Inc. purchased a new position in shares of Sprouts Farmers Market during the first quarter valued at about $152,000. Asset Management One Co. Ltd. purchased a new position in shares of Sprouts Farmers Market during the first quarter valued at about $161,000. Finally, Benjamin F. Edwards & Company Inc. raised its position in shares of Sprouts Farmers Market by 2.8% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 7,355 shares of the company’s stock valued at $170,000 after buying an additional 200 shares in the last quarter. 90.33% of the stock is owned by institutional investors and hedge funds.

Sprouts Farmers Market, Inc. (NASDAQ SFM) traded up 0.62% on Friday, reaching $24.31. The company had a trading volume of 329,885 shares. The firm has a market capitalization of $3.34 billion, a P/E ratio of 28.57 and a beta of 0.51. Sprouts Farmers Market, Inc. has a 1-year low of $17.38 and a 1-year high of $25.98. The company’s 50-day moving average price is $23.25 and its 200 day moving average price is $21.59.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings data on Thursday, May 4th. The company reported $0.33 EPS for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.04. The company had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.11 billion. Sprouts Farmers Market had a net margin of 2.97% and a return on equity of 17.33%. Sprouts Farmers Market’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.30 EPS. On average, equities analysts forecast that Sprouts Farmers Market, Inc. will post $0.91 EPS for the current year.

COPYRIGHT VIOLATION WARNING: “First National Bank of Omaha Continues to Hold Stake in Sprouts Farmers Market, Inc. (SFM)” was first published by Daily Political and is the property of of Daily Political. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of US and international copyright and trademark laws. The original version of this piece of content can be read at https://www.dailypolitical.com/2017/07/21/first-national-bank-of-omaha-continues-to-hold-stake-in-sprouts-farmers-market-inc-sfm.html.

Several research analysts have recently issued reports on SFM shares. Gordon Haskett started coverage on Sprouts Farmers Market in a research report on Tuesday, May 9th. They issued an “accumulate” rating and a $27.00 target price for the company. TheStreet raised Sprouts Farmers Market from a “c+” rating to a “b-” rating in a research report on Friday, May 5th. Jefferies Group LLC set a $26.00 price objective on Sprouts Farmers Market and gave the company a “buy” rating in a research report on Monday, May 1st. Wells Fargo & Company reaffirmed a “buy” rating on shares of Sprouts Farmers Market in a research report on Friday, April 28th. Finally, Zacks Investment Research raised Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research report on Thursday, April 27th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $24.90.

In other news, COO James Leroy Nielsen sold 55,322 shares of the firm’s stock in a transaction that occurred on Thursday, May 25th. The shares were sold at an average price of $23.74, for a total transaction of $1,313,344.28. Following the completion of the sale, the chief operating officer now owns 152,430 shares in the company, valued at approximately $3,618,688.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Amin N. Maredia sold 13,448 shares of the firm’s stock in a transaction that occurred on Monday, July 3rd. The stock was sold at an average price of $22.71, for a total transaction of $305,404.08. The disclosure for this sale can be found here. Insiders have sold a total of 119,246 shares of company stock valued at $2,840,927 in the last 90 days. Insiders own 2.60% of the company’s stock.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc is a food retailer. The Company operates as a grocery store that offers fresh, natural and organic food that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, body care and natural household items catering to consumers’ interest in health and wellness.

Institutional Ownership by Quarter for Sprouts Farmers Market (NASDAQ:SFM)

Receive News & Ratings for Sprouts Farmers Market Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprouts Farmers Market Inc. and related companies with MarketBeat.com's FREE daily email newsletter.