Sprouts Farmers Market, Inc. (NASDAQ:SFM) Shares Bought by Andrew Hill Investment Advisors Inc.

Andrew Hill Investment Advisors Inc. boosted its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 145.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,342 shares of the company's stock after acquiring an additional 12,067 shares during the period. Sprouts Farmers Market accounts for about 1.9% of Andrew Hill Investment Advisors Inc.'s holdings, making the stock its 24th biggest position. Andrew Hill Investment Advisors Inc.'s holdings in Sprouts Farmers Market were worth $2,585,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wesbanco Bank Inc. lifted its holdings in shares of Sprouts Farmers Market by 0.3% during the 4th quarter. Wesbanco Bank Inc. now owns 28,659 shares of the company's stock worth $3,642,000 after acquiring an additional 77 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Sprouts Farmers Market by 4.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,975 shares of the company's stock worth $251,000 after purchasing an additional 77 shares during the last quarter. Greenleaf Trust boosted its holdings in shares of Sprouts Farmers Market by 1.2% in the 4th quarter. Greenleaf Trust now owns 6,715 shares of the company's stock worth $853,000 after purchasing an additional 80 shares in the last quarter. Foundations Investment Advisors LLC boosted its holdings in shares of Sprouts Farmers Market by 1.4% in the 4th quarter. Foundations Investment Advisors LLC now owns 6,649 shares of the company's stock worth $845,000 after purchasing an additional 90 shares in the last quarter. Finally, Ballentine Partners LLC increased its position in shares of Sprouts Farmers Market by 2.6% during the 4th quarter. Ballentine Partners LLC now owns 3,849 shares of the company's stock valued at $489,000 after purchasing an additional 96 shares during the last quarter.

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Sprouts Farmers Market Price Performance

Shares of NASDAQ:SFM traded up $0.74 on Tuesday, reaching $161.01. The company's stock had a trading volume of 617,092 shares, compared to its average volume of 1,586,507. The company has a 50-day simple moving average of $151.51 and a 200 day simple moving average of $141.66. Sprouts Farmers Market, Inc. has a 52-week low of $61.61 and a 52-week high of $178.99. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.59 and a current ratio of 1.13. The company has a market cap of $15.78 billion, a P/E ratio of 42.82, a PEG ratio of 2.31 and a beta of 0.87.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.72 by $0.07. The firm had revenue of $2 billion during the quarter, compared to analysts' expectations of $1.96 billion. Sprouts Farmers Market had a return on equity of 29.86% and a net margin of 4.93%. As a group, equities research analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current fiscal year.

Insider Buying and Selling at Sprouts Farmers Market

In other Sprouts Farmers Market news, VP Stacy W. Hilgendorf sold 890 shares of the business's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $137.42, for a total value of $122,303.80. Following the completion of the transaction, the vice president now directly owns 9,347 shares in the company, valued at approximately $1,284,464.74. The trade was a 8.69 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Jack Sinclair sold 2,935 shares of the firm's stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $138.74, for a total transaction of $407,201.90. Following the completion of the sale, the chief executive officer now owns 149,499 shares in the company, valued at $20,741,491.26. This represents a 1.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 99,699 shares of company stock valued at $13,969,851 in the last ninety days. Corporate insiders own 1.10% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on SFM. The Goldman Sachs Group boosted their price objective on shares of Sprouts Farmers Market from $174.00 to $200.00 and gave the stock a "buy" rating in a report on Friday, February 21st. JPMorgan Chase & Co. raised their price objective on Sprouts Farmers Market from $131.00 to $136.00 and gave the company a "neutral" rating in a research note on Tuesday, March 11th. Royal Bank of Canada reissued 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 raised their price target on Sprouts Farmers Market from $165.00 to $185.00 and gave the stock a "buy" rating in a research report on Tuesday, February 11th. Finally, UBS Group boosted their price objective on Sprouts Farmers Market from $132.00 to $195.00 and gave the company a "neutral" rating in a research report on Wednesday, February 19th. Ten analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $167.00.

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.