Boston Trust Walden Corp Has $103.56 Million Holdings in The Simply Good Foods Company (NASDAQ:SMPL)

Boston Trust Walden Corp reduced its position in The Simply Good Foods Company (NASDAQ:SMPL - Free Report) by 1.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 3,002,668 shares of the financial services provider's stock after selling 28,906 shares during the period. Boston Trust Walden Corp owned 2.97% of Simply Good Foods worth $103,562,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC lifted its stake in shares of Simply Good Foods by 86.5% in the 4th quarter. FMR LLC now owns 9,566,199 shares of the financial services provider's stock valued at $372,890,000 after purchasing an additional 4,437,372 shares during the period. Fuller & Thaler Asset Management Inc. lifted its stake in Simply Good Foods by 10.6% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 3,811,128 shares of the financial services provider's stock valued at $148,558,000 after buying an additional 366,072 shares during the period. Dimensional Fund Advisors LP lifted its stake in Simply Good Foods by 2.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,553,864 shares of the financial services provider's stock valued at $138,528,000 after buying an additional 90,444 shares during the period. Wellington Management Group LLP boosted its holdings in Simply Good Foods by 23.5% during the fourth quarter. Wellington Management Group LLP now owns 3,546,239 shares of the financial services provider's stock worth $138,232,000 after buying an additional 674,618 shares during the last quarter. Finally, Silvercrest Asset Management Group LLC grew its position in shares of Simply Good Foods by 1.7% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 1,916,389 shares of the financial services provider's stock worth $74,701,000 after buying an additional 31,855 shares during the period. Institutional investors own 88.45% of the company's stock.

Wall Street Analysts Forecast Growth

SMPL has been the topic of several recent analyst reports. DA Davidson reduced their price objective on shares of Simply Good Foods from $42.00 to $38.00 and set a "neutral" rating on the stock in a research note on Monday, June 9th. Citigroup reduced their price target on shares of Simply Good Foods from $43.00 to $40.00 and set a "buy" rating on the stock in a research report on Wednesday. Morgan Stanley upped their price objective on shares of Simply Good Foods from $36.00 to $37.00 and gave the company an "equal weight" rating in a research report on Thursday, April 10th. Mizuho lifted their target price on Simply Good Foods from $45.00 to $47.00 and gave the stock an "outperform" rating in a report on Friday, April 11th. Finally, Wall Street Zen raised Simply Good Foods from a "hold" rating to a "buy" rating in a research note on Saturday, May 24th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $40.86.

Insider Transactions at Simply Good Foods

In other news, SVP Stuart E. Jr. Heflin sold 5,000 shares of the company's stock in a transaction that occurred on Friday, April 11th. The stock was sold at an average price of $37.25, for a total transaction of $186,250.00. Following the sale, the senior vice president now owns 12,839 shares in the company, valued at $478,252.75. This represents a 28.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 9.35% of the stock is currently owned by insiders.

Simply Good Foods Stock Down 1.3%

SMPL stock traded down $0.42 during trading hours on Friday, reaching $32.37. 253,003 shares of the stock were exchanged, compared to its average volume of 957,203. The firm's 50-day moving average is $35.18 and its 200-day moving average is $36.18. The Simply Good Foods Company has a 12 month low of $31.25 and a 12 month high of $40.53. The company has a market cap of $3.27 billion, a price-to-earnings ratio of 22.46, a PEG ratio of 2.75 and a beta of 0.72. The company has a debt-to-equity ratio of 0.16, a current ratio of 4.27 and a quick ratio of 2.70.

Simply Good Foods (NASDAQ:SMPL - Get Free Report) last posted its quarterly earnings data on Wednesday, April 9th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.06. The business had revenue of $359.70 million during the quarter, compared to the consensus estimate of $354.50 million. Simply Good Foods had a return on equity of 10.39% and a net margin of 10.31%. Simply Good Foods's quarterly revenue was up 15.2% on a year-over-year basis. During the same period last year, the company earned $0.40 earnings per share. On average, equities research analysts expect that The Simply Good Foods Company will post 1.78 earnings per share for the current year.

Simply Good Foods Company Profile

The Simply Good Foods Company operates as a consumer-packaged food and beverage company in North America and internationally. The company develops, markets, and sells snacks and meal replacements. It offers protein bars, ready-to-drink shakes, sweet and salty snacks, cookies, protein chips, and recipes under the Atkins and Quest brand names.