Smart & Final Stores Inc. (NYSE:SFS) CEO David G. Hirz sold 48,628 shares of the company’s stock in a transaction on Monday, October 3rd. The stock was sold at an average price of $12.79, for a total transaction of $621,952.12. Following the sale, the chief executive officer now directly owns 166,219 shares of the company’s stock, valued at $2,125,941.01. 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 13.12 on Friday. The firm has a market cap of $969.61 million, a price-to-earnings ratio of 35.65 and a beta of 0.05. Smart & Final Stores Inc. has a 52 week low of $12.16 and a 52 week high of $18.67. The stock has a 50 day moving average of $12.83 and a 200-day moving average of $14.76.

Smart & Final Stores (NYSE:SFS) last released its earnings results on Thursday, July 28th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by $0.01. Smart & Final Stores had a return on equity of 8.36% and a net margin of 0.67%. The company earned $1.04 billion during the quarter, compared to analysts’ expectations of $1.05 billion. During the same quarter in the previous year, the company earned $0.22 EPS. The firm’s quarterly revenue was up 14.3% compared to the same quarter last year. Equities research analysts expect that Smart & Final Stores Inc. will post $0.56 earnings per share for the current year.

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

A number of large investors have recently added to or reduced their stakes in SFS. AMI Asset Management Corp increased its stake in Smart & Final Stores by 73.1% in the second quarter. AMI Asset Management Corp now owns 721,501 shares of the company’s stock worth $10,743,000 after buying an additional 304,663 shares during the last quarter. United Services Automobile Association bought a new stake in Smart & Final Stores during the second quarter worth about $4,399,000. Dimensional Fund Advisors LP increased its stake in Smart & Final Stores by 984.5% in the second quarter. Dimensional Fund Advisors LP now owns 281,425 shares of the company’s stock worth $4,190,000 after buying an additional 255,476 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Smart & Final Stores by 106.7% in the first quarter. JPMorgan Chase & Co. now owns 273,483 shares of the company’s stock worth $4,431,000 after buying an additional 141,183 shares during the last quarter. Finally, BlackRock Institutional Trust Company N.A. increased its stake in Smart & Final Stores by 26.7% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 591,412 shares of the company’s stock worth $8,806,000 after buying an additional 124,512 shares during the last quarter. Institutional investors own 98.43% of the company’s stock.

A number of analysts recently weighed in on the stock. RBC Capital Markets set a $21.00 price target on shares of Smart & Final Stores and gave the stock a “buy” rating in a research report on Saturday, September 17th. Morgan Stanley cut shares of Smart & Final Stores from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $16.50 to $13.00 in a research report on Tuesday, August 16th. Deutsche Bank AG decreased their price target on shares of Smart & Final Stores from $20.00 to $17.00 and set a “buy” rating for the company in a research report on Friday, July 29th. TheStreet raised shares of Smart & Final Stores from a “sell” rating to a “hold” rating in a research report on Friday, September 2nd. Finally, Barclays PLC assumed coverage on shares of Smart & Final Stores in a research report on Friday, September 23rd. They set an “equal weight” rating and a $13.00 price target for the company. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $17.09.

About Smart & Final Stores

Smart & Final Stores, Inc is a food retailer. The Company serves household and business customers through approximately two store banners, including Smart & Final and Cash & Carry. The Company operates through two business segments: Smart & Final and Cash & Carry. The Smart & Final segment is based in Commerce, California and includes over 90 legacy Smart & Final stores and approximately 130 Extra! format stores, which focus on household and business customers and are located in California, Arizona and Nevada.

5 Day Chart for NYSE:SFS

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