State of Tennessee Treasury Department increased its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 21.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 282,029 shares of the company’s stock after buying an additional 50,000 shares during the period. State of Tennessee Treasury Department owned about 0.21% of Sprouts Farmers Market worth $5,294,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Teachers Advisors LLC boosted its stake in Sprouts Farmers Market by 1.3% during the 1st quarter. Teachers Advisors LLC now owns 217,337 shares of the company’s stock valued at $5,025,000 after purchasing an additional 2,767 shares during the period. PNC Financial Services Group Inc. boosted its stake in Sprouts Farmers Market by 9.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,460 shares of the company’s stock valued at $126,000 after purchasing an additional 468 shares during the period. Dimensional Fund Advisors LP boosted its stake in Sprouts Farmers Market by 5.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 828,926 shares of the company’s stock valued at $19,163,000 after purchasing an additional 44,083 shares during the period. Public Employees Retirement System of Ohio boosted its stake in Sprouts Farmers Market by 1.2% during the 1st quarter. Public Employees Retirement System of Ohio now owns 67,834 shares of the company’s stock valued at $1,568,000 after purchasing an additional 783 shares during the period. Finally, Capstone Asset Management Co. boosted its stake in Sprouts Farmers Market by 0.9% during the 2nd quarter. Capstone Asset Management Co. now owns 13,670 shares of the company’s stock valued at $310,000 after purchasing an additional 120 shares during the period. 88.87% of the stock is owned by institutional investors and hedge funds.

In other news, insider Daniel Bruni acquired 15,000 shares of the firm’s stock in a transaction that occurred on Friday, September 15th. The stock was acquired at an average cost of $19.00 per share, with a total value of $285,000.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Bradley Lukow acquired 7,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 29th. The shares were purchased at an average cost of $19.80 per share, with a total value of $138,600.00. The disclosure for this purchase can be found here. Insiders own 2.60% of the company’s stock.

Sprouts Farmers Market, Inc. (NASDAQ:SFM) opened at $20.59 on Wednesday. The firm has a market cap of $2,774.52, a P/E ratio of 21.50, a price-to-earnings-growth ratio of 1.85 and a beta of 0.54. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.00 and a quick ratio of 0.23. Sprouts Farmers Market, Inc. has a 12 month low of $17.38 and a 12 month high of $25.98.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings data on Thursday, November 2nd. The company reported $0.23 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.05. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.18 billion. Sprouts Farmers Market had a net margin of 3.01% and a return on equity of 21.00%. The company’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.16 EPS. equities research analysts expect that Sprouts Farmers Market, Inc. will post 0.99 earnings per share for the current year.

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A number of brokerages have recently weighed in on SFM. Jefferies Group LLC lowered shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating and set a $26.00 price target for the company. in a research note on Thursday, July 27th. TheStreet raised shares of Sprouts Farmers Market from a “c+” rating to a “b-” rating in a research note on Tuesday, July 25th. Deutsche Bank AG reaffirmed a “hold” rating and issued a $24.00 price target (up from $22.00) on shares of Sprouts Farmers Market in a research note on Wednesday, August 9th. Royal Bank Of Canada set a $28.00 target price on shares of Sprouts Farmers Market and gave the stock a “buy” rating in a report on Monday, July 31st. Finally, Stephens initiated coverage on shares of Sprouts Farmers Market in a report on Friday, August 11th. They issued an “equal weight” rating and a $25.00 target price on the stock. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $24.28.

Sprouts Farmers Market 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.

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

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