Barclays PLC Has $31.82 Million Stock Holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM)

Barclays PLC lifted its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 25.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 250,393 shares of the company's stock after acquiring an additional 51,358 shares during the quarter. Barclays PLC owned about 0.25% of Sprouts Farmers Market worth $31,816,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SFM. Vanguard Group Inc. increased its stake in Sprouts Farmers Market by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 10,604,819 shares of the company's stock valued at $1,347,554,000 after acquiring an additional 56,652 shares during the period. Renaissance Technologies LLC increased its holdings in Sprouts Farmers Market by 0.5% in the 4th quarter. Renaissance Technologies LLC now owns 4,464,644 shares of the company's stock valued at $567,322,000 after buying an additional 24,000 shares during the period. Invesco Ltd. increased its holdings in Sprouts Farmers Market by 22.9% in the 4th quarter. Invesco Ltd. now owns 1,582,896 shares of the company's stock valued at $201,139,000 after buying an additional 294,553 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Sprouts Farmers Market by 13.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,349,694 shares of the company's stock worth $149,020,000 after acquiring an additional 156,175 shares during the period. Finally, Congress Asset Management Co. boosted its position in shares of Sprouts Farmers Market by 94.9% during the 4th quarter. Congress Asset Management Co. now owns 1,298,768 shares of the company's stock valued at $165,034,000 after acquiring an additional 632,523 shares in the last quarter.

Insider Transactions at Sprouts Farmers Market

In other news, CEO Jack Sinclair sold 2,915 shares of the stock in a transaction on Wednesday, April 9th. The stock was sold at an average price of $149.36, for a total transaction of $435,384.40. Following the completion of the sale, the chief executive officer now owns 189,315 shares in the company, valued at approximately $28,276,088.40. This represents a 1.52 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CMO Alisa Gmelich sold 445 shares of the business's stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $137.42, for a total transaction of $61,151.90. Following the sale, the chief marketing officer now owns 4,436 shares in the company, valued at $609,595.12. This represents a 9.12 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 96,764 shares of company stock worth $13,562,649 over the last ninety days. 1.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have weighed in on SFM shares. Evercore ISI decreased their price objective on Sprouts Farmers Market from $185.00 to $180.00 and set an "outperform" rating on the stock in a report on Tuesday, March 11th. Royal Bank of Canada restated a "sector perform" rating and issued a $160.00 target price on shares of Sprouts Farmers Market in a research note on Tuesday, March 25th. Bank of America increased their target price on shares of Sprouts Farmers Market from $165.00 to $185.00 and gave the stock a "buy" rating in a research report on Tuesday, February 11th. Jefferies Financial Group upped their price objective on shares of Sprouts Farmers Market from $119.00 to $139.00 and gave the stock a "hold" rating in a research note on Tuesday, February 25th. Finally, BMO Capital Markets boosted their target price on Sprouts Farmers Market from $140.00 to $180.00 and gave the stock a "market perform" rating in a report on Friday, February 21st. Nine investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $167.00.

Sprouts Farmers Market Trading Up 1.5 %

SFM stock traded up $2.53 during midday trading on Thursday, reaching $167.20. The company's stock had a trading volume of 375,662 shares, compared to its average volume of 1,420,283. Sprouts Farmers Market, Inc. has a 1 year low of $64.02 and a 1 year high of $178.99. The firm has a market capitalization of $16.41 billion, a price-to-earnings ratio of 44.43, a PEG ratio of 2.31 and a beta of 0.87. The stock has a fifty day simple moving average of $150.11 and a two-hundred day simple moving average of $143.65. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.59 and a current ratio of 1.13.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.72 by $0.07. The company had revenue of $2 billion during the quarter, compared to analyst estimates of $1.96 billion. Sprouts Farmers Market had a return on equity of 29.86% and a net margin of 4.93%. On average, equities research analysts predict that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

Sprouts Farmers Market Company 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.