Smart (NYSE:SFS) Director Joseph S. Tesoriero acquired 5,000 shares of the company’s stock in a transaction on Tuesday, September 12th. The shares were bought at an average price of $6.95 per share, for a total transaction of $34,750.00. Following the completion of the purchase, the director now owns 20,140 shares in the company, valued at approximately $139,973. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Smart (NYSE SFS) traded up 0.69% during midday trading on Friday, hitting $7.25. The stock had a trading volume of 104,043 shares. The firm has a 50 day moving average of $7.56 and a 200 day moving average of $10.42. The firm has a market cap of $536.64 million, a price-to-earnings ratio of 60.42 and a beta of 0.31. Smart has a 52 week low of $6.60 and a 52 week high of $15.45.

Smart (NYSE:SFS) last released its quarterly earnings data on Tuesday, July 25th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.04). Smart had a net margin of 0.21% and a return on equity of 4.14%. The business had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period last year, the business earned $0.20 earnings per share. The company’s quarterly revenue was up 3.9% on a year-over-year basis. Equities research analysts predict that Smart will post $0.49 EPS for the current year.

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Institutional investors have recently added to or reduced their stakes in the stock. Credit Suisse AG boosted its position in shares of Smart by 0.4% during the first quarter. Credit Suisse AG now owns 46,587 shares of the company’s stock valued at $563,000 after buying an additional 193 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its position in shares of Smart by 6.2% during the first quarter. Schwab Charles Investment Management Inc. now owns 99,367 shares of the company’s stock valued at $1,203,000 after buying an additional 5,796 shares during the last quarter. First Trust Advisors LP boosted its position in shares of Smart by 33.4% during the first quarter. First Trust Advisors LP now owns 132,191 shares of the company’s stock valued at $1,600,000 after buying an additional 33,113 shares during the last quarter. United Services Automobile Association boosted its position in shares of Smart by 22.3% during the first quarter. United Services Automobile Association now owns 723,190 shares of the company’s stock valued at $8,751,000 after buying an additional 131,800 shares during the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of Smart by 50.5% during the first quarter. Wellington Management Group LLP now owns 7,771,127 shares of the company’s stock valued at $94,031,000 after buying an additional 2,608,286 shares during the last quarter.

Several brokerages have weighed in on SFS. BidaskClub cut Smart from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 13th. Zacks Investment Research upgraded Smart from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. Royal Bank Of Canada restated an “outperform” rating and set a $19.00 price objective on shares of Smart in a research note on Friday, July 21st. Citigroup Inc. restated a “neutral” rating and set a $8.50 price objective (down from $10.00) on shares of Smart in a research note on Friday, August 11th. Finally, TheStreet cut Smart from a “c-” rating to a “d+” rating in a research note on Tuesday, July 18th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $18.83.

Smart Company Profile

Smart & Final Stores, Inc is a food retailer. The Company is engaged in the business of selling fresh perishables and everyday grocery items, together with foodservice, packaging and janitorial products. The Company operates through two segments: Smart & Final, and Cash and Carry. The Smart & Final segment focuses on both household and business customers.

Insider Buying and Selling by Quarter for Smart (NYSE:SFS)

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