Verso (VRS) Reaches $17.67 After 5.00% Up Move; Rock Point Advisors Has Trimmed Sprouts Farmers Market (SFM) Stake

April 17, 2018 - By wolcottdaily

Sprouts Farmers Market, Inc. (NASDAQ:SFM) Logo

Rock Point Advisors Llc decreased Sprouts Farmers Market (SFM) stake by 55.34% reported in 2017Q4 SEC filing. Rock Point Advisors Llc sold 32,160 shares as Sprouts Farmers Market (SFM)’s stock declined 6.12%. The Rock Point Advisors Llc holds 25,955 shares with $632,000 value, down from 58,115 last quarter. Sprouts Farmers Market now has $3.32 billion valuation. The stock increased 1.59% or $0.39 during the last trading session, reaching $24.98. About 470,949 shares traded. Sprouts Farmers Market, Inc. (NASDAQ:SFM) has risen 3.50% since April 17, 2017 and is uptrending. It has underperformed by 8.05% the S&P500.

The stock of Verso Corporation (NYSE:VRS) is a huge mover today! The stock increased 4.43% or $0.75 during the last trading session, reaching $17.67. About 102,598 shares traded. Verso Corporation (NYSE:VRS) has risen 187.02% since April 17, 2017 and is uptrending. It has outperformed by 175.47% the S&P500.The move comes after 5 months positive chart setup for the $608.83 million company. It was reported on Apr, 17 by Barchart.com. We have $18.55 PT which if reached, will make NYSE:VRS worth $30.44M more.

Verso Corporation produces and sells coated papers in the United States. The company has market cap of $608.83 million. It operates in two divisions, Paper and Pulp. It currently has negative earnings. The firm offers coated freesheet and coated groundwood, specialty, inkjet and digital, supercalendered, and uncoated freesheet papers; and Northern Bleached Hardwood Kraft pulp to manufacture printing, writing, and specialty paper grades, as well as to manufacture tissue products.

Analysts await Verso Corporation (NYSE:VRS) to report earnings on May, 17. They expect $0.60 EPS, up 198.36% or $1.21 from last year’s $-0.61 per share. VRS’s profit will be $20.67 million for 7.36 P/E if the $0.60 EPS becomes a reality. After $1.04 actual EPS reported by Verso Corporation for the previous quarter, Wall Street now forecasts -42.31% negative EPS growth.

Among 2 analysts covering Verso Corporation (NYSE:VRS), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Verso Corporation has $25 highest and $11.25 lowest target. $22’s average target is 24.50% above currents $17.67 stock price. Verso Corporation had 8 analyst reports since July 27, 2016 according to SRatingsIntel. The firm earned “Strong Buy” rating on Wednesday, October 18 by BWS Financial. The rating was upgraded by FBR Capital to “Buy” on Friday, February 16. FBR Capital maintained it with “Buy” rating and $20.0 target in Wednesday, December 20 report. As per Friday, March 9, the company rating was maintained by FBR Capital. BWS Financial initiated Verso Corporation (NYSE:VRS) rating on Wednesday, July 27. BWS Financial has “Buy” rating and $25 target. The firm has “Strong Buy” rating given on Friday, November 17 by BWS Financial.

Analysts await Sprouts Farmers Market, Inc. (NASDAQ:SFM) to report earnings on May, 3 before the open. They expect $0.48 EPS, up 45.45% or $0.15 from last year’s $0.33 per share. SFM’s profit will be $63.85M for 13.01 P/E if the $0.48 EPS becomes a reality. After $0.16 actual EPS reported by Sprouts Farmers Market, Inc. for the previous quarter, Wall Street now forecasts 200.00% EPS growth.

Investors sentiment increased to 1.29 in 2017 Q4. Its up 0.21, from 1.08 in 2017Q3. It improved, as 27 investors sold SFM shares while 85 reduced holdings. 56 funds opened positions while 88 raised stakes. 116.33 million shares or 1.00% less from 117.51 million shares in 2017Q3 were reported. Rhumbline Advisers owns 281,601 shares or 0.01% of their US portfolio. Shanda Asset Holding Limited owns 0.1% invested in Sprouts Farmers Market, Inc. (NASDAQ:SFM) for 27,716 shares. American Intll Gru owns 0.02% invested in Sprouts Farmers Market, Inc. (NASDAQ:SFM) for 256,611 shares. Teachers Retirement Systems Of The State Of Kentucky, Kentucky-based fund reported 29,290 shares. 761,000 are held by Connor Clark & Lunn Inv Mngmt. Lpl Ltd Liability holds 46,302 shares or 0% of its portfolio. Granite Invest Limited Com has 266,247 shares for 0.41% of their portfolio. 89,775 are owned by Group One Trading Lp. Moreover, Bnp Paribas Asset Mngmt Holdg has 0.12% invested in Sprouts Farmers Market, Inc. (NASDAQ:SFM). Farr Miller Washington Limited Liability Dc accumulated 899,735 shares. Vident Invest Advisory Ltd Liability invested in 119,078 shares. Two Sigma Securities Limited Com owns 13,324 shares. Schwab Charles Management has 807,897 shares for 0.02% of their portfolio. 1.22M are owned by Wellington Group Inc Llp. Hbk Investments LP stated it has 182,524 shares or 0.04% of all its holdings.

Among 25 analysts covering Sprouts Farmers Market (NASDAQ:SFM), 15 have Buy rating, 2 Sell and 8 Hold. Therefore 60% are positive. Sprouts Farmers Market had 86 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Sprouts Farmers Market, Inc. (NASDAQ:SFM) earned “Hold” rating by BMO Capital Markets on Wednesday, January 10. Northcoast maintained the shares of SFM in report on Tuesday, February 27 with “Buy” rating. Goldman Sachs reinitiated the stock with “Sell” rating in Tuesday, November 14 report. The firm earned “Neutral” rating on Wednesday, July 29 by Longbow. The stock of Sprouts Farmers Market, Inc. (NASDAQ:SFM) earned “Outperform” rating by Wells Fargo on Friday, January 22. J.P. Morgan maintained Sprouts Farmers Market, Inc. (NASDAQ:SFM) rating on Friday, February 23. J.P. Morgan has “Buy” rating and $30.0 target. The firm earned “Outperform” rating on Friday, November 6 by RBC Capital Markets. The stock of Sprouts Farmers Market, Inc. (NASDAQ:SFM) earned “Hold” rating by BMO Capital Markets on Tuesday, January 23. Jefferies maintained Sprouts Farmers Market, Inc. (NASDAQ:SFM) on Tuesday, June 13 with “Buy” rating. Gordon Haskett upgraded the stock to “Buy” rating in Wednesday, January 31 report.

Sprouts Farmers Market, Inc. (NASDAQ:SFM) Institutional Positions Chart

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