Axa S.A. Has $1.07 Million Stock Holdings in SpartanNash (NASDAQ:SPTN)

AXA S.A. increased its position in SpartanNash (NASDAQ:SPTN - Free Report) by 465.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 58,354 shares of the company's stock after acquiring an additional 48,028 shares during the quarter. AXA S.A. owned about 0.17% of SpartanNash worth $1,069,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Teacher Retirement System of Texas raised its holdings in shares of SpartanNash by 28.3% during the fourth quarter. Teacher Retirement System of Texas now owns 273,634 shares of the company's stock valued at $5,013,000 after acquiring an additional 60,401 shares in the last quarter. Barclays PLC raised its stake in shares of SpartanNash by 120.0% in the third quarter. Barclays PLC now owns 86,412 shares of the company's stock worth $1,936,000 after buying an additional 47,141 shares during the period. Dana Investment Advisors Inc. raised its stake in SpartanNash by 16.7% during the 4th quarter. Dana Investment Advisors Inc. now owns 342,796 shares of the company's stock valued at $6,280,000 after purchasing an additional 48,987 shares during the period. Ieq Capital LLC purchased a new position in SpartanNash during the 4th quarter valued at approximately $231,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in SpartanNash during the 4th quarter valued at approximately $948,000. Hedge funds and other institutional investors own 84.59% of the company's stock.

SpartanNash Price Performance

NASDAQ SPTN remained flat at $19.10 on Monday. The company's stock had a trading volume of 214,849 shares, compared to its average volume of 265,906. The firm has a fifty day moving average price of $19.79 and a 200-day moving average price of $19.33. The stock has a market cap of $646.46 million, a price-to-earnings ratio of -1,910.00 and a beta of 0.42. The company has a current ratio of 1.57, a quick ratio of 0.78 and a debt-to-equity ratio of 1.00. SpartanNash has a 52 week low of $17.30 and a 52 week high of $23.00.

SpartanNash (NASDAQ:SPTN - Get Free Report) last issued its earnings results on Wednesday, February 12th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.09. During the same period in the previous year, the business earned $0.35 earnings per share. On average, research analysts predict that SpartanNash will post 1.79 earnings per share for the current fiscal year.

SpartanNash Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 21st were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 4.61%. This is an increase from SpartanNash's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Friday, March 21st. SpartanNash's dividend payout ratio is -8,800.00%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Northcoast Research lowered SpartanNash from a "buy" rating to a "neutral" rating and set a $10.00 price target for the company. in a research note on Wednesday, February 19th. StockNews.com raised SpartanNash from a "hold" rating to a "buy" rating in a report on Thursday, April 3rd.

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.