As Sprouts Farmers Market (SFM) Share Value Declined, Agf Investments America Has Lifted Holding by $834,049; Rogers (ROG) Position Held by First Mercantile Trust Co

June 13, 2018 - By Louis Casey

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

First Mercantile Trust Co increased its stake in Rogers Corp (ROG) by 93.03% based on its latest 2018Q1 regulatory filing with the SEC. First Mercantile Trust Co bought 2,671 shares as the company’s stock declined 26.49% with the market. The institutional investor held 5,542 shares of the major chemicals company at the end of 2018Q1, valued at $662,000, up from 2,871 at the end of the previous reported quarter. First Mercantile Trust Co who had been investing in Rogers Corp for a number of months, seems to be bullish on the $2.21B market cap company. The stock decreased 0.28% or $0.34 during the last trading session, reaching $120.31. About 29,686 shares traded. Rogers Corporation (NYSE:ROG) has risen 9.12% since June 13, 2017 and is uptrending. It has underperformed by 3.45% the S&P500. Some Historical ROG News: 14/05/2018 – Nan Shan Life Insurance Buys New 1.1% Position in Rogers; 21/04/2018 – DJ Rogers Corporation, Inst Holders, 1Q 2018 (ROG); 26/04/2018 – ROGERS 1Q ADJ EPS $1.48, EST. $1.39; 26/04/2018 – ROGERS CORP QTRLY NET SALES OF $214.6 MLN, UP 5.3%; 22/05/2018 – Rogers Presenting at Conference Tomorrow; 26/04/2018 – ROGERS CORP QTRLY EARNINGS OF $1.40 PER DILUTED SHARE; 21/03/2018 – ROGERS REPORTS CFO TRANSITION; 21/03/2018 – ROGERS CORP ROG.N SAYS CFO JANICE E. STIPP TO RETIRE; 21/03/2018 – ROGERS CORP – ENTERED INTO SIX-MONTH CONSULTING AGREEMENT WITH STIPP TO AID IN CFO TRANSITION; 26/04/2018 – Rogers Corp 1Q EPS $1.40

Agf Investments America Inc increased its stake in Sprouts Farmers Market Inc. (SFM) by 19.81% based on its latest 2018Q1 regulatory filing with the SEC. Agf Investments America Inc bought 36,263 shares as the company’s stock declined 15.93% with the market. The institutional investor held 219,358 shares of the consumer services company at the end of 2018Q1, valued at $5.15M, up from 183,095 at the end of the previous reported quarter. Agf Investments America Inc who had been investing in Sprouts Farmers Market Inc. for a number of months, seems to be bullish on the $2.84B market cap company. The stock increased 0.89% or $0.19 during the last trading session, reaching $21.56. About 341,171 shares traded. Sprouts Farmers Market, Inc. (NASDAQ:SFM) has declined 8.08% since June 13, 2017 and is downtrending. It has underperformed by 20.65% the S&P500. Some Historical SFM News: 03/05/2018 – Sprouts Farmers Market 1Q EPS 50c; 13/03/2018 – Baltimore Bus Jr: Exclusive: Photos of Sprouts Farmers Market’s Ellicott City store, its first mid-Atlantic location; 03/05/2018 – SPROUTS FARMERS MARKET REAFFIRMS FORECAST FOR YEAR EPS; 08/05/2018 – Sprouts Farmers Presenting at Conference May 17; 13/03/2018 Baltimore Business: Exclusive: Photos of Sprouts Farmers Market’s Ellicott City store, its first mid-Atlantic location…; 23/03/2018 – Target, Kroger shares rise on merger report, but source tells CNBC there are no talks; 03/05/2018 – Sprouts Farmers Market Backs 2018 Capex $165M-$170M; 03/05/2018 – Sprouts Farmers Market Had Seen 2018 Sales Growth 11.5% to 12.5%; 27/03/2018 – Sprouts Farmers Market, Inc. Amends and Expands Credit Facility; 03/05/2018 – SPROUTS FARMERS MARKET – SEES 2018 NET SALES GROWTH 10.5% TO 11.5%

More recent Sprouts Farmers Market, Inc. (NASDAQ:SFM) news were published by: Nasdaq.com which released: “3 Stocks That Feel Like Disney in 1957” on May 23, 2018. Also Seekingalpha.com published the news titled: “Sprouts Farmers Market Struggling To Convince Market Of Its Long-Term Viability” on June 08, 2018. Seekingalpha.com‘s news article titled: “Sprouts: Insta-Gift” with publication date: May 21, 2018 was also an interesting one.

Agf Investments America Inc, which manages about $1.29 billion and $262.73 million US Long portfolio, decreased its stake in Albemarle Corp. (NYSE:ALB) by 17,024 shares to 25,007 shares, valued at $2.32M in 2018Q1, according to the filing. It also reduced its holding in Equinix Inc. Reit (NASDAQ:EQIX) by 4,311 shares in the quarter, leaving it with 9,502 shares, and cut its stake in Omnicom Group Inc. (NYSE:OMC).

Since January 2, 2018, it had 0 insider purchases, and 19 sales for $47.04 million activity. Nielsen James Leroy sold $48,963 worth of stock or 1,933 shares. 12,582 Sprouts Farmers Market, Inc. (NASDAQ:SFM) shares with value of $317,570 were sold by Lombardi Brandon F.. $43,770 worth of stock was sold by Maredia Amin N. on Monday, March 12. $316,232 worth of Sprouts Farmers Market, Inc. (NASDAQ:SFM) was sold by Sanders Dan J. 6,592 Sprouts Farmers Market, Inc. (NASDAQ:SFM) shares with value of $166,514 were sold by Lukow Bradley. 1,722 shares were sold by Frumkin Theodore Edward II, worth $43,468 on Monday, March 5.

Investors sentiment decreased to 0.97 in 2018 Q1. Its down 0.32, from 1.29 in 2017Q4. It dived, as 31 investors sold SFM shares while 97 reduced holdings. 45 funds opened positions while 79 raised stakes. 117.40 million shares or 0.91% more from 116.33 million shares in 2017Q4 were reported. Scopus Asset Lp owns 2.18M shares. United Services Automobile Association has invested 0% in Sprouts Farmers Market, Inc. (NASDAQ:SFM). Renaissance Technologies Limited owns 0.14% invested in Sprouts Farmers Market, Inc. (NASDAQ:SFM) for 5.32 million shares. Commonwealth Of Pennsylvania Public School Empls Retrmt owns 33,367 shares or 0.01% of their US portfolio. Horizon Invest Svcs Ltd Llc invested 0.66% of its portfolio in Sprouts Farmers Market, Inc. (NASDAQ:SFM). Raymond James Fin Serv Advsrs Incorporated invested in 16,129 shares or 0% of the stock. Wellington Gp Llp, Massachusetts-based fund reported 979,759 shares. Retirement Sys Of Alabama reported 347,556 shares or 0.04% of all its holdings. Louisiana State Employees Retirement System invested in 32,500 shares. 299 were accumulated by Assetmark. Bnp Paribas Arbitrage Sa, a New York-based fund reported 22,554 shares. New York State Common Retirement Fund holds 0.01% in Sprouts Farmers Market, Inc. (NASDAQ:SFM) or 321,619 shares. 311,996 are owned by Loomis Sayles Communications Limited Partnership. First Tru Advsr LP has 0.04% invested in Sprouts Farmers Market, Inc. (NASDAQ:SFM) for 740,537 shares. Koch stated it has 0.03% in Sprouts Farmers Market, Inc. (NASDAQ:SFM).

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. The rating was maintained by Oppenheimer on Tuesday, February 6 with “Buy”. The stock has “Neutral” rating by Longbow on Wednesday, July 29. On Friday, June 16 the stock rating was upgraded by Oppenheimer to “Outperform”. Jefferies downgraded the shares of SFM in report on Thursday, July 27 to “Hold” rating. RBC Capital Markets maintained it with “Buy” rating and $2800 target in Monday, July 31 report. Susquehanna maintained the shares of SFM in report on Thursday, May 3 with “Buy” rating. The company was maintained on Friday, August 7 by Barclays Capital. Morgan Stanley maintained Sprouts Farmers Market, Inc. (NASDAQ:SFM) rating on Friday, May 4. Morgan Stanley has “Equal-Weight” rating and $24 target. The stock of Sprouts Farmers Market, Inc. (NASDAQ:SFM) earned “Market Perform” rating by BMO Capital Markets on Friday, November 3. RBC Capital Markets maintained Sprouts Farmers Market, Inc. (NASDAQ:SFM) rating on Thursday, June 29. RBC Capital Markets has “Buy” rating and $2800 target.

Since February 20, 2018, it had 0 buys, and 7 selling transactions for $2.76 million activity. On Thursday, March 1 the insider Knoll Jay B sold $164,725. $132,380 worth of Rogers Corporation (NYSE:ROG) was sold by GLANDON GARY M. 1,379 shares were sold by Grudzien Jeffrey M, worth $165,108. Zhang Helen had sold 9,325 shares worth $1.03 million.

First Mercantile Trust Co, which manages about $477.65M US Long portfolio, decreased its stake in Celgene Corp (NASDAQ:CELG) by 20,698 shares to 7,500 shares, valued at $669,000 in 2018Q1, according to the filing. It also reduced its holding in Crown Castle Intl Corp (NYSE:CCI) by 13,446 shares in the quarter, leaving it with 19,500 shares, and cut its stake in Teladoc Inc.

Among 4 analysts covering Rogers Corp (NYSE:ROG), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Rogers Corp had 15 analyst reports since October 2, 2015 according to SRatingsIntel. Sidoti downgraded the stock to “Neutral” rating in Wednesday, November 16 report. The stock of Rogers Corporation (NYSE:ROG) earned “Buy” rating by Needham on Wednesday, August 2. Needham maintained the stock with “Buy” rating in Friday, November 3 report. Needham maintained Rogers Corporation (NYSE:ROG) on Tuesday, December 19 with “Buy” rating. As per Friday, December 15, the company rating was maintained by FBR Capital. B. Riley & Co upgraded Rogers Corporation (NYSE:ROG) on Thursday, March 10 to “Buy” rating. The firm earned “Buy” rating on Wednesday, April 12 by Sidoti. On Friday, October 2 the stock rating was initiated by B. Riley & Co with “Neutral”. The firm has “Buy” rating by Needham given on Thursday, March 1. The stock of Rogers Corporation (NYSE:ROG) earned “Buy” rating by B. Riley & Co on Friday, April 27.

More news for Rogers Corporation (NYSE:ROG) were recently published by: Tucson.com, which released: “Rogers Corporation Files Patent Infringement Lawsuit” on June 05, 2018. Streetinsider.com‘s article titled: “Takeda shareholder group aims to block $62 billion Shire deal” and published on June 11, 2018 is yet another important article.

Rogers Corporation (NYSE:ROG) Institutional Positions Chart

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