SpartanNash Company (SPTN) Position Lowered by AMP Capital Investors Ltd

AMP Capital Investors Ltd decreased its position in shares of SpartanNash Company (NASDAQ:SPTN) by 4.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,200 shares of the company’s stock after selling 1,100 shares during the period. AMP Capital Investors Ltd owned approximately 0.06% of SpartanNash Company worth $606,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. US Bancorp DE boosted its stake in shares of SpartanNash Company by 53.3% in the third quarter. US Bancorp DE now owns 3,738 shares of the company’s stock valued at $108,000 after buying an additional 1,300 shares during the last quarter. Teacher Retirement System of Texas boosted its stake in shares of SpartanNash Company by 11.4% in the second quarter. Teacher Retirement System of Texas now owns 5,155 shares of the company’s stock valued at $158,000 after buying an additional 527 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in SpartanNash Company by 13.9% in the second quarter. Public Employees Retirement System of Ohio now owns 5,993 shares of the company’s stock worth $183,000 after buying an additional 732 shares in the last quarter. SG Americas Securities LLC bought a new stake in SpartanNash Company during the third quarter worth approximately $220,000. Finally, Princeton Alpha Management LP bought a new stake in SpartanNash Company during the third quarter worth approximately $256,000. Institutional investors own 85.23% of the company’s stock.

Institutional Ownership by Quarter for SpartanNash Company (NASDAQ:SPTN)

Shares of SpartanNash Company (NASDAQ:SPTN) traded up 0.46% on Friday, hitting $38.93. The stock had a trading volume of 77,728 shares. The company’s 50 day moving average price is $38.94 and its 200-day moving average price is $33.65. The company has a market cap of $1.46 billion, a P/E ratio of 24.17 and a beta of 1.04. SpartanNash Company has a 12 month low of $20.06 and a 12 month high of $40.38.

ILLEGAL ACTIVITY NOTICE: This piece was reported by sleekmoney and is the property of of sleekmoney. If you are accessing this piece on another publication, it was illegally copied and republished in violation of international trademark and copyright laws. The correct version of this piece can be viewed at http://sleekmoney.com/spartannash-company-sptn-position-lowered-by-amp-capital-investors-ltd/1655175.html.

A number of research firms have recently commented on SPTN. Pivotal Research increased their target price on SpartanNash Company from $30.00 to $40.00 and gave the stock a “hold” rating in a research note on Tuesday, January 17th. Zacks Investment Research raised SpartanNash Company from a “hold” rating to a “buy” rating and set a $41.00 target price on the stock in a research note on Thursday, December 1st. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. SpartanNash Company currently has a consensus rating of “Hold” and an average target price of $33.40.

In other SpartanNash Company news, VP David Des Couch sold 12,480 shares of SpartanNash Company stock in a transaction on Tuesday, December 13th. The stock was sold at an average price of $37.44, for a total transaction of $467,251.20. Following the completion of the sale, the vice president now directly owns 58,578 shares of the company’s stock, valued at approximately $2,193,160.32. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 3.30% of the company’s stock.

About SpartanNash Company

Spartannash Company, formerly Spartan Stores, Inc, is a multi-regional grocery distributor and grocery retailer, and a distributor of grocery products to military commissaries in the United States. The Company’s core businesses include distributing food to military commissaries and exchanges, and independent and corporate-owned retail stores located in over 40 states and the District of Columbia, Europe, Cuba, Puerto Rico, Bahrain, Egypt, Honduras, Afghanistan and Bosnia.

5 Day Chart for NASDAQ:SPTN

Want to see what other hedge funds are holding SPTN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SpartanNash Company (NASDAQ:SPTN).

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/spartannash-company-sptn-position-lowered-by-amp-capital-investors-ltd/1655175.html

Receive News & Ratings for SpartanNash Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SpartanNash Company and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *