American Century Firms Inc. grew its place in shares of SpartanNash (NASDAQ:SPTN – Free Report) by 20.0% within the 2nd quarter, Holdings Channel studies. The institutional investor owned 744,282 shares of the corporate’s inventory after buying an extra 123,952 shares throughout the interval. American Century Firms Inc.’s holdings in SpartanNash have been price $13,963,000 as of its most up-to-date SEC submitting.
Different institutional buyers have additionally made adjustments to their positions within the firm. Parallel Advisors LLC boosted its stake in shares of SpartanNash by 58.3% throughout the 4th quarter. Parallel Advisors LLC now owns 1,255 shares of the corporate’s inventory price $29,000 after buying an extra 462 shares within the final quarter. SummerHaven Funding Administration LLC lifted its holdings in SpartanNash by 2.2% within the 2nd quarter. SummerHaven Funding Administration LLC now owns 34,421 shares of the corporate’s inventory price $646,000 after buying an extra 752 shares over the last quarter. Illinois Municipal Retirement Fund boosted its place in SpartanNash by 5.1% throughout the first quarter. Illinois Municipal Retirement Fund now owns 20,671 shares of the corporate’s inventory price $418,000 after buying an extra 1,007 shares throughout the interval. Commonwealth Fairness Companies LLC grew its holdings in SpartanNash by 3.9% throughout the first quarter. Commonwealth Fairness Companies LLC now owns 33,323 shares of the corporate’s inventory valued at $673,000 after buying an extra 1,241 shares over the last quarter. Lastly, GAMMA Investing LLC grew its holdings in SpartanNash by 114.4% throughout the second quarter. GAMMA Investing LLC now owns 2,380 shares of the corporate’s inventory valued at $45,000 after buying an extra 1,270 shares over the last quarter. 84.59% of the inventory is presently owned by institutional buyers and hedge funds.
Analyst Rankings Modifications
SPTN has been the subject of a number of current analyst studies. BMO Capital Markets dropped their goal worth on shares of SpartanNash from $22.00 to $20.00 and set a “market carry out” ranking on the inventory in a report on Friday, Might thirty first. StockNews.com upgraded SpartanNash from a “maintain” ranking to a “purchase” ranking in a analysis observe on Wednesday.
View Our Newest Inventory Evaluation on SPTN
SpartanNash Inventory Down 1.2 %
NASDAQ SPTN opened at $21.66 on Friday. SpartanNash has a twelve month low of $17.74 and a twelve month excessive of $24.51. The inventory has a market cap of $734.10 million, a PE ratio of 13.97 and a beta of 0.39. The agency has a 50-day easy transferring common of $20.91 and a 200 day easy transferring common of $19.98. The corporate has a debt-to-equity ratio of 0.76, a fast ratio of 0.80 and a present ratio of 1.62.
SpartanNash (NASDAQ:SPTN – Get Free Report) final launched its quarterly earnings information on Thursday, August fifteenth. The corporate reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.03. The enterprise had income of $2.23 billion for the quarter, in comparison with analysts’ expectations of $2.27 billion. SpartanNash had a return on fairness of 8.87% and a internet margin of 0.48%. SpartanNash’s quarterly income was down 3.5% on a year-over-year foundation. Throughout the identical interval within the earlier 12 months, the enterprise posted $0.65 earnings per share. On common, analysis analysts forecast that SpartanNash will publish 1.98 EPS for the present 12 months.
SpartanNash Dividend Announcement
The agency additionally lately disclosed a quarterly dividend, which might be paid on Friday, October 4th. Stockholders of document on Monday, September twenty third might be issued a dividend of $0.218 per share. This represents a $0.87 dividend on an annualized foundation and a dividend yield of 4.03%. The ex-dividend date is Monday, September twenty third. SpartanNash’s payout ratio is 56.13%.
About SpartanNash
SpartanNash Firm distributes and retails grocery merchandise in the USA of America. It operates by way of Wholesale and Retail segments. The Wholesale section presents grocery merchandise and perishable meals merchandise, together with dry groceries, produce, dairy merchandise, meat, delicatessen gadgets, bakery items, frozen meals, seafood, floral merchandise, basic merchandise, drinks, tobacco merchandise, well being and sweetness care, and pharmaceutical merchandise to unbiased retailers, nationwide accounts, meals service distributors, e-commerce suppliers, and company owned retail shops.
Additional Studying
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