Smart & Final Stores Inc. (NYSE:SFS) CEO David G. Hirz sold 111,153 shares of the company’s stock in a transaction on Tuesday, November 22nd. The stock was sold at an average price of $13.47, for a total transaction of $1,497,230.91. Following the sale, the chief executive officer now directly owns 223,305 shares of the company’s stock, valued at $3,007,918.35. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Shares of Smart & Final Stores Inc. (NYSE:SFS) traded up 0.37% during trading on Wednesday, hitting $13.55. 325,818 shares of the stock were exchanged. The company has a market cap of $984.15 million, a P/E ratio of 45.32 and a beta of 0.10. Smart & Final Stores Inc. has a 1-year low of $11.55 and a 1-year high of $18.67. The firm’s 50-day moving average is $12.75 and its 200 day moving average is $14.03.

Smart & Final Stores (NYSE:SFS) last announced its earnings results on Wednesday, November 16th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.03. The company earned $1.39 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Smart & Final Stores had a net margin of 0.53% and a return on equity of 7.98%. Smart & Final Stores’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.22 earnings per share. Equities analysts forecast that Smart & Final Stores Inc. will post $0.56 earnings per share for the current fiscal year.

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

Several large investors have recently made changes to their positions in SFS. Victory Capital Management Inc. boosted its stake in Smart & Final Stores by 50,843.5% in the third quarter. Victory Capital Management Inc. now owns 2,356,139 shares of the company’s stock valued at $30,088,000 after buying an additional 2,351,514 shares in the last quarter. AMI Asset Management Corp boosted 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 valued at $10,743,000 after buying an additional 304,663 shares in the last quarter. United Services Automobile Association purchased a new stake in Smart & Final Stores during the second quarter valued at $4,399,000. Empyrean Capital Partners LP boosted its stake in Smart & Final Stores by 35.5% in the third quarter. Empyrean Capital Partners LP now owns 1,125,000 shares of the company’s stock valued at $14,366,000 after buying an additional 294,931 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted 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 valued at $4,190,000 after buying an additional 255,476 shares in the last quarter.

Several analysts recently issued reports on SFS shares. TheStreet raised shares of Smart & Final Stores from a “sell” rating to a “hold” rating in a report on Friday, September 2nd. Barclays PLC started coverage on shares of Smart & Final Stores in a report on Friday, September 23rd. They set an “equal weight” rating and a $13.00 price objective for the company. Credit Suisse Group AG reaffirmed a “hold” rating and set a $13.00 price objective on shares of Smart & Final Stores in a report on Thursday, November 17th. Deutsche Bank AG reduced 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 report on Friday, July 29th. Finally, Zacks Investment Research downgraded shares of Smart & Final Stores from a “hold” rating to a “sell” rating in a report on Friday, October 28th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $21.73.

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Smart & Final Stores Company Profile

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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