Scott R. Drew Sells 36,560 Shares of Smart & Final Stores Inc (SFS) Stock

Smart & Final Stores Inc (NYSE:SFS) EVP Scott R. Drew sold 36,560 shares of the stock in a transaction that occurred on Wednesday, December 20th. The stock was sold at an average price of $8.35, for a total transaction of $305,276.00. Following the completion of the transaction, the executive vice president now owns 141,660 shares in the company, valued at approximately $1,182,861. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Shares of Smart & Final Stores Inc (NYSE:SFS) opened at $8.75 on Friday. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.92 and a quick ratio of 0.29. Smart & Final Stores Inc has a 52-week low of $5.80 and a 52-week high of $15.45. The company has a market capitalization of $629.77, a P/E ratio of 30.71, a price-to-earnings-growth ratio of 4.74 and a beta of 0.62.

A number of institutional investors have recently added to or reduced their stakes in SFS. Dimensional Fund Advisors LP boosted its position in Smart & Final Stores by 48.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,667,686 shares of the company’s stock worth $13,091,000 after purchasing an additional 545,814 shares in the last quarter. Ameriprise Financial Inc. boosted its position in Smart & Final Stores by 1,762.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 455,170 shares of the company’s stock worth $3,574,000 after purchasing an additional 430,735 shares in the last quarter. Boston Partners boosted its position in Smart & Final Stores by 73.5% in the 3rd quarter. Boston Partners now owns 929,980 shares of the company’s stock worth $7,301,000 after purchasing an additional 394,100 shares in the last quarter. Signia Capital Management LLC purchased a new stake in Smart & Final Stores in the 3rd quarter worth approximately $2,487,000. Finally, Franklin Resources Inc. boosted its position in Smart & Final Stores by 10.3% in the 2nd quarter. Franklin Resources Inc. now owns 3,026,922 shares of the company’s stock worth $27,545,000 after purchasing an additional 282,997 shares in the last quarter.

Several brokerages recently weighed in on SFS. ValuEngine upgraded shares of Smart & Final Stores from a “sell” rating to a “hold” rating in a report on Tuesday, December 5th. Zacks Investment Research downgraded shares of Smart & Final Stores from a “hold” rating to a “sell” rating in a report on Tuesday, November 21st. Loop Capital cut their price target on shares of Smart & Final Stores from $15.00 to $11.00 and set a “buy” rating on the stock in a report on Thursday, November 16th. J P Morgan Chase & Co began coverage on shares of Smart & Final Stores in a report on Tuesday, December 5th. They issued a “neutral” rating and a $9.00 price target on the stock. Finally, Deutsche Bank cut their price target on shares of Smart & Final Stores from $12.00 to $10.00 and set a “buy” rating on the stock in a report on Thursday, November 16th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $11.23.

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About Smart & Final Stores

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.

Insider Buying and Selling by Quarter for Smart & Final Stores (NYSE:SFS)

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