Robeco Schweiz AG Sells 10,425 Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM)

Robeco Schweiz AG lessened its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 12.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 75,686 shares of the company's stock after selling 10,425 shares during the quarter. Robeco Schweiz AG owned approximately 0.08% of Sprouts Farmers Market worth $11,553,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC raised its position in Sprouts Farmers Market by 4.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,975 shares of the company's stock valued at $251,000 after buying an additional 77 shares during the last quarter. Crossmark Global Holdings Inc. raised its position in Sprouts Farmers Market by 1.2% in the 1st quarter. Crossmark Global Holdings Inc. now owns 7,201 shares of the company's stock valued at $1,099,000 after buying an additional 84 shares during the last quarter. Whipplewood Advisors LLC raised its position in Sprouts Farmers Market by 92.0% in the 1st quarter. Whipplewood Advisors LLC now owns 192 shares of the company's stock valued at $29,000 after buying an additional 92 shares during the last quarter. Summit Investment Advisors Inc. raised its position in Sprouts Farmers Market by 0.3% in the 4th quarter. Summit Investment Advisors Inc. now owns 30,664 shares of the company's stock valued at $3,896,000 after buying an additional 95 shares during the last quarter. Finally, JT Stratford LLC raised its position in Sprouts Farmers Market by 0.9% in the 4th quarter. JT Stratford LLC now owns 11,091 shares of the company's stock valued at $1,409,000 after buying an additional 100 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on SFM. Royal Bank Of Canada lifted their target price on Sprouts Farmers Market from $160.00 to $172.00 and gave the company a "sector perform" rating in a research report on Thursday, May 1st. Wells Fargo & Company boosted their price target on Sprouts Farmers Market from $170.00 to $175.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 1st. UBS Group boosted their price target on Sprouts Farmers Market from $195.00 to $196.00 and gave the stock a "neutral" rating in a research report on Thursday, May 1st. Wall Street Zen raised Sprouts Farmers Market from a "hold" rating to a "buy" rating in a research report on Wednesday, April 23rd. Finally, Roth Capital set a $155.00 price target on Sprouts Farmers Market and gave the stock a "neutral" rating in a research report on Thursday, May 1st. Nine research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Sprouts Farmers Market currently has an average rating of "Hold" and an average price target of $167.79.

Sprouts Farmers Market Stock Performance

Shares of SFM stock traded up $0.98 during trading on Friday, reaching $159.70. 832,242 shares of the company's stock were exchanged, compared to its average volume of 1,566,933. The company has a quick ratio of 0.51, a current ratio of 0.95 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $15.63 billion, a PE ratio of 35.89, a PEG ratio of 1.98 and a beta of 0.77. Sprouts Farmers Market, Inc. has a twelve month low of $81.41 and a twelve month high of $182.00. The firm's fifty day moving average price is $164.31 and its 200-day moving average price is $155.44.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $1.81 earnings per share for the quarter, topping analysts' consensus estimates of $1.54 by $0.27. The business had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.20 billion. Sprouts Farmers Market had a return on equity of 34.20% and a net margin of 5.53%. The firm's revenue was up 18.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.12 EPS. As a group, sell-side analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

Insider Transactions at Sprouts Farmers Market

In other Sprouts Farmers Market news, VP Stacy W. Hilgendorf sold 2,247 shares of the company's stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $173.00, for a total value of $388,731.00. Following the transaction, the vice president directly owned 7,979 shares of the company's stock, valued at $1,380,367. This represents a 21.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Kim Coffin sold 3,643 shares of the company's stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $174.27, for a total value of $634,865.61. Following the sale, the senior vice president owned 11,886 shares of the company's stock, valued at approximately $2,071,373.22. The trade was a 23.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 74,035 shares of company stock worth $12,213,719. 1.10% of the stock is currently owned by company insiders.

About Sprouts Farmers Market

Sprouts Farmers Market, Inc, together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States. It offers perishable product categories, including fresh produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.