Teachers Advisors LLC Has $619,000 Holdings in Smart & Final (SFS)

Teachers Advisors LLC grew its position in shares of Smart & Final (NYSE:SFS) by 8.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 72,361 shares of the company’s stock after purchasing an additional 5,899 shares during the quarter. Teachers Advisors LLC owned about 0.10% of Smart & Final worth $619,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Stone Ridge Asset Management LLC bought a new position in Smart & Final during the 4th quarter worth approximately $639,000. Deutsche Bank AG raised its holdings in Smart & Final by 285.5% during the 4th quarter. Deutsche Bank AG now owns 82,062 shares of the company’s stock worth $701,000 after purchasing an additional 60,777 shares during the last quarter. Franklin Resources Inc. raised its holdings in Smart & Final by 12.4% during the 4th quarter. Franklin Resources Inc. now owns 4,061,674 shares of the company’s stock worth $34,727,000 after purchasing an additional 448,664 shares during the last quarter. Brandywine Global Investment Management LLC bought a new position in Smart & Final during the 4th quarter worth approximately $8,433,000. Finally, Spark Investment Management LLC bought a new position in Smart & Final during the 4th quarter worth approximately $1,405,000.

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NYSE SFS opened at $5.10 on Friday. Smart & Final has a 12-month low of $5.00 and a 12-month high of $13.95. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.97 and a quick ratio of 0.34. The firm has a market capitalization of $380.79, a P/E ratio of 15.00, a price-to-earnings-growth ratio of 3.92 and a beta of 1.17.

Smart & Final (NYSE:SFS) last posted its quarterly earnings results on Wednesday, March 14th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.04. Smart & Final had a negative net margin of 3.04% and a positive return on equity of 5.12%. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter last year, the firm posted $0.07 EPS. Smart & Final’s revenue was up 6.7% compared to the same quarter last year. sell-side analysts expect that Smart & Final will post 0.3 earnings per share for the current year.

Several analysts have recently commented on the stock. TheStreet downgraded shares of Smart & Final from a “c” rating to a “d+” rating in a research report on Wednesday, March 14th. Credit Suisse Group assumed coverage on shares of Smart & Final in a research report on Tuesday, April 17th. They set a “neutral” rating and a $5.50 price objective for the company. Zacks Investment Research downgraded shares of Smart & Final from a “hold” rating to a “sell” rating in a research report on Tuesday, January 30th. Barclays downgraded shares of Smart & Final from an “overweight” rating to an “equal weight” rating in a research report on Friday, March 16th. Finally, Loop Capital downgraded shares of Smart & Final from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $11.00 to $8.00 in a research report on Thursday, March 15th. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $9.83.

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About Smart & Final

Smart & Final Stores, Inc operates as a food retailer in the United States. It operates in two segments, Smart & Final, and Cash & Carry Smart Foodservice. The company operates non-membership warehouse-style grocery stores under the Smart & Final banner in California, Arizona, and Nevada, as well as under the Cash & Carry Smart Foodservice banner in Washington, Oregon, Northern California, Idaho, Nevada, Montana, and Utah.

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

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