SG Americas Securities LLC raised its stake in Sprouts Farmers Market Inc (NASDAQ:SFM) by 296.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 49,385 shares of the company’s stock after buying an additional 36,919 shares during the period. SG Americas Securities LLC’s holdings in Sprouts Farmers Market were worth $1,203,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. First Quadrant L P CA boosted its position in Sprouts Farmers Market by 3,030.6% in the 4th quarter. First Quadrant L P CA now owns 226,283 shares of the company’s stock valued at $5,510,000 after buying an additional 219,055 shares during the period. State of Alaska Department of Revenue purchased a new stake in Sprouts Farmers Market in the 4th quarter valued at about $233,000. Acadian Asset Management LLC bought a new stake in shares of Sprouts Farmers Market in the 4th quarter valued at about $224,000. Schwab Charles Investment Management Inc. raised its holdings in shares of Sprouts Farmers Market by 8.9% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 807,897 shares of the company’s stock valued at $19,673,000 after purchasing an additional 65,961 shares in the last quarter. Finally, Bank of Montreal Can raised its holdings in shares of Sprouts Farmers Market by 1,918.5% in the 4th quarter. Bank of Montreal Can now owns 112,210 shares of the company’s stock valued at $2,731,000 after purchasing an additional 106,651 shares in the last quarter. 90.21% of the stock is owned by institutional investors.

Sprouts Farmers Market Inc (SFM) opened at $26.20 on Tuesday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.23 and a current ratio of 1.00. The company has a market cap of $3,490.00, a P/E ratio of 27.01, a P/E/G ratio of 1.90 and a beta of 0.80. Sprouts Farmers Market Inc has a 52 week low of $17.38 and a 52 week high of $28.29.

In other Sprouts Farmers Market news, insider Theodore Edward Frumkin II sold 36,667 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $23.93, for a total transaction of $877,441.31. Following the transaction, the insider now owns 58,912 shares in the company, valued at approximately $1,409,764.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO James Leroy Nielsen sold 110,000 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $23.17, for a total transaction of $2,548,700.00. Following the transaction, the chief operating officer now owns 207,108 shares in the company, valued at approximately $4,798,692.36. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,651,481 shares of company stock valued at $42,706,303. 2.60% of the stock is currently owned by company insiders.

Several equities research analysts have recently commented on SFM shares. TheStreet upgraded shares of Sprouts Farmers Market from a “c” rating to a “b-” rating in a report on Monday, December 4th. Zacks Investment Research upgraded shares of Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a report on Saturday, November 4th. UBS Group set a $25.00 price target on shares of Sprouts Farmers Market and gave the company a “buy” rating in a report on Monday, October 30th. Royal Bank of Canada set a $28.00 price target on shares of Sprouts Farmers Market and gave the company a “buy” rating in a report on Monday, October 30th. Finally, Northcoast Research upgraded shares of Sprouts Farmers Market from a “neutral” rating to a “buy” rating in a report on Monday, November 20th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $26.33.

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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.

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

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