Smart & Final Stores, Inc. (SFS) loses confidence of 12 hedge fund managers

Smart & Final Stores, Inc. (NYSE:SFS) is on recovery track with 0.76% gain from a 1-year low price of $6.45. The company lost -7.64% to attain the price of $6.65 on 10/16/2017. Throughout the recent session, the prices were hovering between $6.45 and $7.25. These shares are 80.45% off its target price of $12 and the current market capitalization stands at $492.17M. The recent change has given its price a -10.23% deficit over SMA 50 and -56.96% deficit over its 52-week high. The stock witnessed -9.52% declines, -11.33% declines and -43.64% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SFS’s volatility during a week at 6.07% and during a month it has been found around 4.81%.

Smart & Final Stores, Inc. (SFS) Top Holders

Institutional investors currently hold around $566 million or 0% in SFS stock. Look at its top three institutional owners. Ares Management Llc owns $318.38 million in Smart & Final Stores, Inc., which represents roughly 64.69% of the company’s market cap and approximately 56.25% of the institutional ownership. Similar statistics are true for the second largest owner, Wellington Management Group Llp, which owns 7,936,029 shares of the stock are valued at $57.14 million. The third largest holder is Victory Capital Management Inc, which currently holds $23.25 million worth of this stock and that ownership represents nearly 4.72% of its market capitalization.

Smart & Final Stores, Inc. 13F Filings

At the end of June reporting period, 53 institutional holders increased their position in Smart & Final Stores, Inc. (NYSE:SFS) by some 4,259,417 shares, 46 decreased positions by 4,153,684 and 6 held positions by 70,223,963. That puts total institutional holdings at 78,637,064 shares, according to SEC filings. The stock grabbed 21 new institutional investments totaling 2,267,235 shares while 12 institutional investors sold out their entire positions totaling 1,492,687 shares.

Smart & Final Stores, Inc. (NYSE:SFS) Insider Trades

Multiple company employees have indulged in significant insider trading. Smart & Final Stores, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that SVP Sales & Merchandising Mortensen Michael A. has sold 19,304 shares of Smart & Final Stores, Inc. (SFS) in trading session dated Oct. 02, 2017. These shares are worth $146,517 and were traded at $7.59 each. The SEC filing shows that Tesoriero Joseph S. performed a purchase of 5,000 shares. The Director added these shares by way of transaction on Sep. 12, 2017. The company’s shares were assimilated at $6.95 per share worth to an investment of some $34,750 on account of Tesoriero Joseph S..

SVP Sales & Merchandising, Mortensen Michael A., sold 26,980 common shares of Smart & Final Stores, Inc. (SFS) in the open market. In a transaction dated Jul. 06, 2017, the shares were put up for sale at an average price of $8.26, raking in a sum of $222,855. After this sale, 21,211 common shares of SFS are directly owned by the insider, with total stake valued at $141,053.

In the transaction dated Jul. 03, 2017, the great number of shares disposed came courtesy the SVP Sales & Merchandising; Mortensen Michael A. disposed a total of 26,980 shares at an average price of $8.86, amounting to approximately $239,043. The insider now directly owns 21,211 shares worth $141,053.

Smart & Final Stores, Inc. (SFS) Analyst Guide

Several analysts have released their opinion on Smart & Final Stores, Inc. (NYSE:SFS), with 1 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 1 strong sell ratings, collectively assigning a 2.66 average brokerage recommendation.

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