Aperio Group LLC Invests $125,000 in Smart (SFS)

Aperio Group LLC bought a new position in Smart (NYSE:SFS) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 13,742 shares of the company’s stock, valued at approximately $125,000.

A number of other large investors also recently made changes to their positions in the stock. American International Group Inc. lifted its stake in Smart by 7.1% in the first quarter. American International Group Inc. now owns 14,236 shares of the company’s stock worth $172,000 after purchasing an additional 940 shares during the last quarter. Suntrust Banks Inc. raised its stake in shares of Smart by 41.7% during the first quarter. Suntrust Banks Inc. now owns 24,942 shares of the company’s stock valued at $301,000 after acquiring an additional 7,344 shares during the last quarter. Citadel Advisors LLC raised its stake in shares of Smart by 13.7% during the first quarter. Citadel Advisors LLC now owns 29,863 shares of the company’s stock valued at $361,000 after acquiring an additional 3,604 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of Smart by 8.9% during the first quarter. Wells Fargo & Company MN now owns 30,130 shares of the company’s stock valued at $365,000 after acquiring an additional 2,452 shares during the last quarter. Finally, Credit Suisse AG raised its stake in shares of Smart by 0.4% during the first quarter. Credit Suisse AG now owns 46,587 shares of the company’s stock valued at $563,000 after acquiring an additional 193 shares during the last quarter.

COPYRIGHT VIOLATION NOTICE: This story was originally posted by BBNS and is owned by of BBNS. If you are accessing this story on another site, it was stolen and republished in violation of U.S. & international copyright legislation. The legal version of this story can be read at https://baseballnewssource.com/markets/13742-shares-in-smart-sfs-acquired-by-aperio-group-llc/1604406.html.

In other news, Director Joseph S. Tesoriero purchased 5,000 shares of the business’s stock in a transaction dated Tuesday, September 12th. The stock was acquired at an average price of $6.95 per share, with a total value of $34,750.00. Following the purchase, the director now directly owns 20,140 shares of the company’s stock, valued at approximately $139,973. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Michael A. Mortensen sold 26,980 shares of Smart stock in a transaction on Thursday, July 6th. The stock was sold at an average price of $8.26, for a total value of $222,854.80. Following the transaction, the senior vice president now directly owns 48,191 shares of the company’s stock, valued at approximately $398,057.66. The disclosure for this sale can be found here. Company insiders own 8.47% of the company’s stock.

A number of research firms recently issued reports on SFS. BidaskClub cut shares of Smart from a “sell” rating to a “strong sell” rating in a report on Thursday, July 13th. Morgan Stanley reiterated an “underweight” rating and set a $8.00 price target (down previously from $11.00) on shares of Smart in a report on Monday, June 19th. Zacks Investment Research cut shares of Smart from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Citigroup Inc. reiterated a “neutral” rating and set a $8.50 price target (down previously from $10.00) on shares of Smart in a report on Friday, August 11th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $19.00 price target on shares of Smart in a report on Friday, July 21st. Two analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $18.83.

Smart (NYSE:SFS) opened at 7.30 on Friday. Smart has a 12 month low of $6.60 and a 12 month high of $15.45. The company has a market cap of $540.35 million, a P/E ratio of 60.83 and a beta of 0.31. The company’s 50-day moving average is $7.44 and its 200-day moving average is $10.23.

Smart (NYSE:SFS) last announced its earnings results on Tuesday, July 25th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.04). Smart had a return on equity of 4.14% and a net margin of 0.21%. The business had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter last year, the business posted $0.20 earnings per share. The business’s revenue was up 3.9% on a year-over-year basis. On average, equities research analysts expect that Smart will post $0.49 EPS for the current fiscal year.

Smart Company Profile

Smart & Final Stores, Inc is a food retailer. The Company is engaged in the business of selling fresh perishables and everyday grocery items, together with foodservice, packaging and janitorial products. The Company operates through two segments: Smart & Final, and Cash and Carry. The Smart & Final segment focuses on both household and business customers.

Institutional Ownership by Quarter for Smart (NYSE:SFS)

Receive News & Ratings for Smart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smart and related companies with our FREE daily email newsletter.

 


Latest News

Los Angeles Dodgers Waiting But Magic Number Down to One
Los Angeles Dodgers Waiting But Magic Number Down to One
Young Girl Hit by Foul Ball Rushed to Hospital
Young Girl Hit by Foul Ball Rushed to Hospital
New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22
Tigers Player Might Play All Nine Positions During Same Game
Tigers Player Might Play All Nine Positions During Same Game


Leave a Reply

 
© 2006-2017 BBNS.