First Mercantile Trust Co bought 1,758 shares in the previous quarter increasing its stake in Smart (SFS) by 5.6%. Its stake was valued at $262,000 a decrease of 9.0% as of the end of the quarter.
Here are some institutional investors who have increased or decreased their stake in (SFS). Alliancebernstein L.P. cut its stake by shedding 8,400 shares a decrease of 26.1% from 06/30/2017 to 09/30/2017. Alliancebernstein L.P. controls 23,800 shares with a value of $187,000. The value of the position overall is down by 36.2%. California State Teachers Retirement System trimmed its position by selling 2,900 shares a decrease of 7.2%. California State Teachers Retirement System now controls 37,188 shares valued at $292,000. The total value of its holdings decreased 20.0%.
Dimensional Fund Advisors Lp augmented its ownership by buying 545,814 shares an increase of 48.7% as of 09/30/2017. Dimensional Fund Advisors Lp now holds 1,667,686 shares worth $13,091,000. The value of the position overall is up by 28.2%.
On November 3, 2017 Wells Fargo & Company updated coverage of SFS with a rating of “Outperform”. August 11 investment analysts at Citigroup made no change to the company rating of “Neutral” with a current price target of $8.50.
In the market the company is trading down by 3.37% since yesterday’s close of 7.43. The most current P/E ratio is 61.35 and market capitalization is 531.10M. In the last earnings report the EPS was $0.12 with 74.02M shares currently outstanding.
Investors are a little more bullish on Smart lately if you take a look at the downtick in short interest. The company recorded a fall in short interest between September 29, 2017 and October 13, 2017 of -0.74%. Short interest fell 49,017 over that period. The short-interest ratio increased to 19.0 and the percentage of shorted shares was 0.09% on October 13.Advertisement