SpartanNash (NASDAQ:SPTN) Stock Holdings Boosted by Barclays PLC

Barclays PLC increased its holdings in shares of SpartanNash (NASDAQ:SPTN - Free Report) by 120.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 86,412 shares of the company's stock after purchasing an additional 47,141 shares during the period. Barclays PLC owned 0.26% of SpartanNash worth $1,936,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. US Bancorp DE boosted its position in shares of SpartanNash by 3.6% in the third quarter. US Bancorp DE now owns 16,816 shares of the company's stock worth $377,000 after buying an additional 587 shares during the period. Creative Planning lifted its position in SpartanNash by 5.7% during the 3rd quarter. Creative Planning now owns 13,165 shares of the company's stock worth $295,000 after acquiring an additional 708 shares in the last quarter. Signaturefd LLC boosted its holdings in SpartanNash by 64.9% in the 3rd quarter. Signaturefd LLC now owns 1,801 shares of the company's stock worth $40,000 after acquiring an additional 709 shares during the period. Martingale Asset Management L P grew its position in SpartanNash by 2.2% in the third quarter. Martingale Asset Management L P now owns 48,114 shares of the company's stock valued at $1,078,000 after acquiring an additional 1,040 shares in the last quarter. Finally, Inspire Investing LLC raised its stake in shares of SpartanNash by 6.1% during the second quarter. Inspire Investing LLC now owns 18,792 shares of the company's stock valued at $353,000 after purchasing an additional 1,082 shares during the period. 84.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of SpartanNash from a "buy" rating to a "hold" rating in a report on Friday, November 8th.

SpartanNash Stock Down 1.2 %

Shares of NASDAQ:SPTN traded down $0.23 during trading on Friday, hitting $18.21. The company's stock had a trading volume of 226,492 shares, compared to its average volume of 255,156. The company has a market capitalization of $614.68 million, a PE ratio of 13.69 and a beta of 0.35. SpartanNash has a fifty-two week low of $17.74 and a fifty-two week high of $24.51. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.83 and a current ratio of 1.62. The stock's 50-day moving average price is $19.54 and its two-hundred day moving average price is $20.16.

SpartanNash (NASDAQ:SPTN - Get Free Report) last announced its earnings results on Thursday, November 7th. The company reported $0.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.01. SpartanNash had a return on equity of 8.57% and a net margin of 0.48%. The company had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same period in the prior year, the company posted $0.54 EPS. SpartanNash's quarterly revenue was down .6% on a year-over-year basis. As a group, sell-side analysts expect that SpartanNash will post 1.88 EPS for the current year.

SpartanNash Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 9th will be issued a dividend of $0.2175 per share. This represents a $0.87 annualized dividend and a yield of 4.78%. The ex-dividend date is Monday, December 9th. SpartanNash's dividend payout ratio is currently 65.41%.

About SpartanNash

SpartanNash Company distributes and retails grocery products in the United States of America. It operates through Wholesale and Retail segments. The Wholesale segment offers grocery products and perishable food products, including dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmaceutical products to independent retailers, national accounts, food service distributors, e-commerce providers, and corporate owned retail stores.