Waterstone Capital Management LP Has Decreased Holding in Sprouts Fmrs Mkt (SFM) as Market Value Declined; As Universal Fst Prods (UFPI) Shares Declined, Mason Street Advisors Increased by $397,343 Its Position

May 21, 2018 - By Adrian Mccoy

Universal Forest Products, Inc. (NASDAQ:UFPI) Logo

Mason Street Advisors Llc increased its stake in Universal Fst Prods Inc (UFPI) by 207.64% based on its latest 2017Q4 regulatory filing with the SEC. Mason Street Advisors Llc bought 10,739 shares as the company’s stock declined 15.64% with the market. The institutional investor held 15,911 shares of the basic industries company at the end of 2017Q4, valued at $599,000, up from 5,172 at the end of the previous reported quarter. Mason Street Advisors Llc who had been investing in Universal Fst Prods Inc for a number of months, seems to be bullish on the $2.17B market cap company. The stock increased 0.89% or $0.31 during the last trading session, reaching $35.22. About 231,814 shares traded. Universal Forest Products, Inc. (NASDAQ:UFPI) has declined 1.02% since May 21, 2017 and is downtrending. It has underperformed by 12.57% the S&P500.

Shawn Bergerson decreased its stake in Sprouts Fmrs Mkt Inc (SFM) by 48% based on its latest 2017Q4 regulatory filing with the SEC. Waterstone Capital Management Lp sold 60,000 shares as the company’s stock declined 6.12% with the market. The hedge fund run by Shawn Bergerson held 65,000 shares of the consumer services company at the end of 2017Q4, valued at $1.58 million, down from 125,000 at the end of the previous reported quarter. Waterstone Capital Management Lp who had been investing in Sprouts Fmrs Mkt Inc for a number of months, seems to be less bullish one the $2.87B market cap company. The stock decreased 2.29% or $0.51 during the last trading session, reaching $21.79. About 1.27M shares traded. Sprouts Farmers Market, Inc. (NASDAQ:SFM) has risen 3.50% since May 21, 2017 and is uptrending. It has underperformed by 8.05% the S&P500.

Since January 2, 2018, it had 0 insider buys, and 19 selling transactions for $47.04 million activity. Shares for $217,363 were sold by Maredia Amin N. on Monday, March 5. Shares for $317,570 were sold by Lombardi Brandon F. on Monday, March 5. Lukow Bradley sold $166,514 worth of Sprouts Farmers Market, Inc. (NASDAQ:SFM) on Monday, March 5. Boney Shon A. sold $10.72M worth of Sprouts Farmers Market, Inc. (NASDAQ:SFM) on Monday, January 29. Sanders Dan J had sold 12,529 shares worth $316,232. Another trade for 1,722 shares valued at $43,468 was made by Frumkin Theodore Edward II on Monday, March 5.

More important recent Sprouts Farmers Market, Inc. (NASDAQ:SFM) news were published by: Bizjournals.com which released: “Sprouts ends Amazon Prime Now delivery partnership” on May 04, 2018, also Bizjournals.com published article titled: “Sprouts expands grocery delivery to 3 new markets”, Bizjournals.com published: “Walmart’s online grocery delivery to launch in Houston” on May 14, 2018. More interesting news about Sprouts Farmers Market, Inc. (NASDAQ:SFM) was released by: Globenewswire.com and their article: “Sprouts Farmers Market, Inc. Reports First Quarter 2018 Results” with publication date: May 03, 2018.

Among 28 analysts covering Sprouts Farmers Market (NASDAQ:SFM), 15 have Buy rating, 2 Sell and 11 Hold. Therefore 54% are positive. Sprouts Farmers Market had 94 analyst reports since July 29, 2015 according to SRatingsIntel. As per Tuesday, April 12, the company rating was upgraded by Wolfe Research. Jefferies maintained Sprouts Farmers Market, Inc. (NASDAQ:SFM) on Wednesday, August 30 with “Hold” rating. JP Morgan initiated the shares of SFM in report on Monday, July 18 with “Neutral” rating. BMO Capital Markets maintained Sprouts Farmers Market, Inc. (NASDAQ:SFM) rating on Thursday, February 22. BMO Capital Markets has “Hold” rating and $32.0 target. Gordon Haskett Capital Corporation downgraded Sprouts Farmers Market, Inc. (NASDAQ:SFM) on Thursday, May 3 to “Hold” rating. The stock of Sprouts Farmers Market, Inc. (NASDAQ:SFM) earned “Buy” rating by Goldman Sachs on Tuesday, July 26. The firm earned “Hold” rating on Tuesday, August 25 by Deutsche Bank. Jefferies maintained the shares of SFM in report on Monday, October 30 with “Hold” rating. The rating was upgraded by Jefferies to “Buy” on Friday, September 30. The rating was maintained by RBC Capital Markets on Friday, September 9 with “Outperform”.

Analysts await Sprouts Farmers Market, Inc. (NASDAQ:SFM) to report earnings on August, 2. They expect $0.33 earnings per share, up 13.79% or $0.04 from last year’s $0.29 per share. SFM’s profit will be $43.51M for 16.51 P/E if the $0.33 EPS becomes a reality. After $0.50 actual earnings per share reported by Sprouts Farmers Market, Inc. for the previous quarter, Wall Street now forecasts -34.00% negative 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. Teachers Retirement Of The State Of Kentucky invested in 29,290 shares or 0.01% of the stock. Profund Advisors Ltd Limited Liability Company, a Maryland-based fund reported 15,433 shares. Diker Ltd Liability Corp holds 1.14% in Sprouts Farmers Market, Inc. (NASDAQ:SFM) or 130,000 shares. Ameriprise Financial owns 529,859 shares for 0.01% of their portfolio. Jpmorgan Chase And holds 399,885 shares. Harvest Capital Strategies Ltd Llc holds 0.8% of its portfolio in Sprouts Farmers Market, Inc. (NASDAQ:SFM) for 190,000 shares. The Illinois-based Balyasny Asset Mgmt Ltd Liability Corporation has invested 0.05% in Sprouts Farmers Market, Inc. (NASDAQ:SFM). Shaker Invs Limited Company Oh accumulated 53,840 shares. Earnest Prtn Ltd Liability holds 53 shares. Cambridge Inv Rech Advsr Inc accumulated 8,879 shares. Parametric Assocs Lc accumulated 282,121 shares or 0.01% of the stock. Lpl Fincl Ltd has invested 0% in Sprouts Farmers Market, Inc. (NASDAQ:SFM). California-based California State Teachers Retirement Sys has invested 0.01% in Sprouts Farmers Market, Inc. (NASDAQ:SFM). Vident Advisory Limited Liability Company holds 0.13% or 119,078 shares in its portfolio. Jefferies Group Ltd Llc holds 0% or 42,030 shares.

Among 2 analysts covering Universal Forest Products (NASDAQ:UFPI), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Universal Forest Products had 7 analyst reports since October 16, 2015 according to SRatingsIntel. On Tuesday, December 8 the stock rating was downgraded by DA Davidson to “Underperform”. The firm has “Hold” rating given on Monday, April 2 by BMO Capital Markets. The stock of Universal Forest Products, Inc. (NASDAQ:UFPI) earned “Buy” rating by DA Davidson on Thursday, October 20. DA Davidson upgraded the shares of UFPI in report on Tuesday, January 12 to “Neutral” rating. DA Davidson downgraded Universal Forest Products, Inc. (NASDAQ:UFPI) rating on Friday, October 16. DA Davidson has “Neutral” rating and $71 target. The company was initiated on Tuesday, October 17 by BMO Capital Markets.

Mason Street Advisors Llc, which manages about $4.33 billion US Long portfolio, decreased its stake in Bank Amer Corp (NYSE:BAC) by 10,897 shares to 1.35M shares, valued at $39.89M in 2017Q4, according to the filing. It also reduced its holding in Apple Inc (NASDAQ:AAPL) by 1,861 shares in the quarter, leaving it with 715,168 shares, and cut its stake in Ishares Tr (IJR).

Investors sentiment increased to 6.72 in Q4 2017. Its up 5.63, from 1.09 in 2017Q3. It improved, as 18 investors sold UFPI shares while 7 reduced holdings. 42 funds opened positions while 126 raised stakes. 95.70 million shares or 488.34% more from 16.27 million shares in 2017Q3 were reported. Ironwood Mgmt Ltd Company has 22,708 shares for 0.61% of their portfolio. Cubist Systematic Strategies Lc reported 13,336 shares. Mason Street Advsrs Ltd Liability invested in 15,911 shares or 0.01% of the stock. Point72 Asia (Hong Kong) has invested 0% in Universal Forest Products, Inc. (NASDAQ:UFPI). Ahl Prtn Llp, a United Kingdom-based fund reported 26,686 shares. First Citizens Fincl Bank & Tru reported 6,123 shares or 0.03% of all its holdings. Employees Retirement Association Of Colorado accumulated 0% or 1,134 shares. Mutual Of America Capital Mngmt Ltd Liability holds 0.16% of its portfolio in Universal Forest Products, Inc. (NASDAQ:UFPI) for 274,424 shares. Westwood Grp Inc has 0.19% invested in Universal Forest Products, Inc. (NASDAQ:UFPI). Ny State Common Retirement Fund reported 65,700 shares. Yorktown Management And Research Co accumulated 0.09% or 8,100 shares. New York State Teachers Retirement System invested in 140,406 shares. Ls Invest Advsr has invested 0% of its portfolio in Universal Forest Products, Inc. (NASDAQ:UFPI). The Ontario – Canada-based Financial Bank Of Montreal Can has invested 0% in Universal Forest Products, Inc. (NASDAQ:UFPI). Parametrica Management Limited has invested 0.16% in Universal Forest Products, Inc. (NASDAQ:UFPI).

Since December 11, 2017, it had 1 insider buy, and 8 sales for $1.36 million activity. 2,650 shares valued at $86,504 were sold by West Jonathan E. on Wednesday, April 25. $191,275 worth of stock was sold by GREENE CHARLES SCOTT on Tuesday, March 13. 4,500 shares were sold by PETERS ALLEN T, worth $151,272 on Tuesday, March 13. Another trade for 20,000 shares valued at $743,880 was sold by MISSAD MATTHEW J.

Universal Forest Products, Inc. (NASDAQ:UFPI) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts