Signia Capital Management LLC reduced its stake in Smart & Final Stores Inc (NYSE:SFS) by 14.8% during the 1st quarter, Holdings Channel reports. The fund owned 771,793 shares of the company’s stock after selling 133,787 shares during the quarter. Smart & Final Stores accounts for 4.6% of Signia Capital Management LLC’s portfolio, making the stock its 9th largest position. Signia Capital Management LLC’s holdings in Smart & Final Stores were worth $3,812,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Smart & Final Stores by 2.5% in the 3rd quarter. Vanguard Group Inc. now owns 2,608,904 shares of the company’s stock valued at $14,871,000 after purchasing an additional 63,437 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Smart & Final Stores by 10.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,367,364 shares of the company’s stock valued at $15,962,000 after purchasing an additional 322,287 shares during the last quarter. Rhumbline Advisers increased its position in shares of Smart & Final Stores by 44.5% in the 4th quarter. Rhumbline Advisers now owns 32,495 shares of the company’s stock valued at $154,000 after purchasing an additional 10,007 shares during the last quarter. Foundry Partners LLC purchased a new stake in shares of Smart & Final Stores in the 1st quarter valued at approximately $3,434,000. Finally, Virtu Financial LLC purchased a new stake in shares of Smart & Final Stores in the 4th quarter valued at approximately $90,000. Hedge funds and other institutional investors own 92.17% of the company’s stock.

A number of brokerages have commented on SFS. TheStreet raised shares of Smart & Final Stores from a “d+” rating to a “c-” rating in a research report on Tuesday, May 14th. Zacks Investment Research downgraded shares of Smart & Final Stores from a “buy” rating to a “hold” rating in a research report on Saturday, April 20th. Morgan Stanley raised shares of Smart & Final Stores from an “underweight” rating to an “equal weight” rating and set a $6.47 price objective on the stock in a research report on Wednesday, April 17th. Wells Fargo & Co downgraded shares of Smart & Final Stores from an “outperform” rating to a “market perform” rating and set a $6.48 price objective on the stock. in a research report on Wednesday, April 17th. Finally, ValuEngine raised shares of Smart & Final Stores from a “sell” rating to a “hold” rating in a research report on Saturday, April 13th. Seven research analysts have rated the stock with a hold rating, The stock has an average rating of “Hold” and a consensus price target of $6.18.

NYSE:SFS traded up $0.02 during trading hours on Tuesday, reaching $6.52. 8,448 shares of the company’s stock were exchanged, compared to its average volume of 627,312. The stock has a market cap of $498.33 million, a P/E ratio of 21.72, a P/E/G ratio of 6.78 and a beta of 1.71. The company has a debt-to-equity ratio of 5.14, a current ratio of 0.91 and a quick ratio of 0.27. Smart & Final Stores Inc has a 1-year low of $4.45 and a 1-year high of $7.40.

Smart & Final Stores (NYSE:SFS) last issued its quarterly earnings results on Wednesday, May 1st. The company reported ($0.04) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.05) by $0.01. The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.05 billion. Smart & Final Stores had a negative net margin of 2.34% and a positive return on equity of 6.59%. Sell-side analysts expect that Smart & Final Stores Inc will post 0.32 EPS for the current fiscal year.

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Smart & Final Stores Company Profile

Smart & Final Stores, Inc operates as a food retailer in the United States. It operates in two segments, Smart & Final and Smart Foodservice. The company's stores offer fresh perishables and everyday grocery items, such as produce, meat and deli, dairy and cheese, grocery, and beverage products, as well as paper and packaging, and restaurant equipment and janitorial supplies.

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Institutional Ownership by Quarter for Smart & Final Stores (NYSE:SFS)

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