Universal Beteiligungs und Servicegesellschaft mbH Has $16.29 Million Stock Position in Sprouts Farmers Market, Inc. (NASDAQ:SFM)

Universal Beteiligungs und Servicegesellschaft mbH lessened its holdings in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 4.5% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 106,710 shares of the company's stock after selling 5,020 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.11% of Sprouts Farmers Market worth $16,288,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of Sprouts Farmers Market by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 10,604,819 shares of the company's stock worth $1,347,554,000 after purchasing an additional 56,652 shares during the last quarter. Renaissance Technologies LLC grew its holdings in shares of Sprouts Farmers Market by 0.5% during the fourth quarter. Renaissance Technologies LLC now owns 4,464,644 shares of the company's stock worth $567,322,000 after purchasing an additional 24,000 shares during the last quarter. Marshall Wace LLP grew its holdings in shares of Sprouts Farmers Market by 10.1% during the fourth quarter. Marshall Wace LLP now owns 1,843,320 shares of the company's stock worth $234,231,000 after purchasing an additional 168,605 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Sprouts Farmers Market by 22.9% during the fourth quarter. Invesco Ltd. now owns 1,582,896 shares of the company's stock worth $201,139,000 after purchasing an additional 294,553 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Sprouts Farmers Market by 1,033.4% during the first quarter. Assenagon Asset Management S.A. now owns 1,476,351 shares of the company's stock worth $225,350,000 after purchasing an additional 1,346,097 shares during the last quarter.

Analyst Ratings Changes

A number of brokerages recently commented on SFM. Evercore ISI lifted their price objective on Sprouts Farmers Market from $180.00 to $185.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. UBS Group lifted their price objective 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. Roth Capital set a $155.00 price objective on Sprouts Farmers Market and gave the stock a "neutral" rating in a research report on Thursday, May 1st. Wells Fargo & Company lifted their price objective 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. Finally, Wall Street Zen upgraded Sprouts Farmers Market from a "hold" rating to a "buy" rating in a research report on Wednesday, April 23rd. Ten research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $168.20.

Sprouts Farmers Market Trading Down 0.5%

Shares of Sprouts Farmers Market stock traded down $0.79 during trading on Monday, hitting $160.28. 165,226 shares of the company were exchanged, compared to its average volume of 1,719,150. Sprouts Farmers Market, Inc. has a 1-year low of $84.24 and a 1-year high of $182.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.95 and a quick ratio of 0.51. The firm has a market capitalization of $15.68 billion, a P/E ratio of 35.97, a price-to-earnings-growth ratio of 2.01 and a beta of 0.77. The firm's fifty day moving average price is $164.66 and its 200 day moving average price is $157.97.

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

Insider Transactions at Sprouts Farmers Market

In other Sprouts Farmers Market news, COO Nicholas Konat sold 20,270 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $167.50, for a total value of $3,395,225.00. Following the sale, the chief operating officer owned 55,675 shares in the company, valued at approximately $9,325,562.50. The trade was a 26.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Douglas Gregory Rauch sold 1,000 shares of the business's stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $167.16, for a total value of $167,160.00. Following the completion of the sale, the director owned 8,598 shares in the company, valued at $1,437,241.68. The trade was a 10.42% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 74,035 shares of company stock worth $12,213,719. Corporate insiders own 1.10% of the company's stock.

Sprouts Farmers Market Profile

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.