Rhumbline Advisers Has $154,000 Holdings in Smart & Final Stores Inc (NYSE:SFS)

Rhumbline Advisers lifted its holdings in Smart & Final Stores Inc (NYSE:SFS) by 44.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,495 shares of the company’s stock after acquiring an additional 10,007 shares during the period. Rhumbline Advisers’ holdings in Smart & Final Stores were worth $154,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of SFS. Dimensional Fund Advisors LP boosted its stake in shares of Smart & Final Stores by 9.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,045,077 shares of the company’s stock worth $17,357,000 after buying an additional 272,644 shares during the last quarter. Vanguard Group Inc boosted its stake in shares of Smart & Final Stores by 2.5% in the 3rd quarter. Vanguard Group Inc now owns 2,608,904 shares of the company’s stock worth $14,871,000 after buying an additional 63,437 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Smart & Final Stores by 2.5% in the 3rd quarter. Vanguard Group Inc. now owns 2,608,904 shares of the company’s stock worth $14,871,000 after buying an additional 63,437 shares during the last quarter. FMR LLC boosted its stake in shares of Smart & Final Stores by 26.3% in the 3rd quarter. FMR LLC now owns 2,234,839 shares of the company’s stock worth $12,739,000 after buying an additional 465,087 shares during the last quarter. Finally, Royce & Associates LP purchased a new position in shares of Smart & Final Stores in the 3rd quarter worth approximately $5,687,000. 92.35% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:SFS traded up $0.03 during mid-day trading on Friday, reaching $6.52. The company had a trading volume of 1,540,932 shares, compared to its average volume of 1,133,792. The company has a current ratio of 1.08, a quick ratio of 0.34 and a debt-to-equity ratio of 2.07. Smart & Final Stores Inc has a one year low of $4.45 and a one year high of $7.40. The stock has a market capitalization of $498.94 million, a PE ratio of 21.73, a price-to-earnings-growth ratio of 6.79 and a beta of 1.72.

Smart & Final Stores (NYSE:SFS) last issued its earnings results on Wednesday, March 13th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.04). Smart & Final Stores had a negative net margin of 2.37% and a positive return on equity of 6.10%. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the previous year, the firm earned $0.15 EPS. The company’s revenue was up 3.2% compared to the same quarter last year. Research analysts predict that Smart & Final Stores Inc will post 0.32 earnings per share for the current year.

A number of research firms recently commented on SFS. Zacks Investment Research cut shares of Smart & Final Stores from a “buy” rating to a “hold” rating in a report on Tuesday, February 19th. Buckingham Research began coverage on shares of Smart & Final Stores in a report on Thursday, February 7th. They issued a “neutral” rating on the stock. Finally, ValuEngine cut shares of Smart & Final Stores from a “hold” rating to a “sell” rating in a report on Monday, April 1st. Eight research analysts have rated the stock with a hold rating, Smart & Final Stores currently has a consensus rating of “Hold” and a consensus target price of $5.95.

ILLEGAL ACTIVITY WARNING: This piece was reported by Baseball Daily News and is owned by of Baseball Daily News. If you are reading this piece on another publication, it was stolen and republished in violation of US & international trademark & copyright laws. The correct version of this piece can be viewed at https://www.baseballdailydigest.com/news/2019/04/21/smart-final-stores-inc-sfs-shares-bought-by-rhumbline-advisers.html.

About Smart & Final Stores

Smart & Final Stores, Inc operates as a food retailer in the United States. It operates in two segments, Smart & Final and Smart Foodservice. The company's stores offer fresh perishables and everyday grocery items, such as produce, meat and deli, dairy and cheese, grocery, and beverage products, as well as paper and packaging, and restaurant equipment and janitorial supplies.

Read More: Why is the ex-dividend date different from the record date?

Institutional Ownership by Quarter for Smart & Final Stores (NYSE:SFS)

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