New York State Teachers Retirement System Sells 4,383 Shares of SpartanNash (NASDAQ:SPTN)

New York State Teachers Retirement System decreased its stake in shares of SpartanNash (NASDAQ:SPTN) by 6.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,430 shares of the company’s stock after selling 4,383 shares during the quarter. New York State Teachers Retirement System’s holdings in SpartanNash were worth $1,125,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPTN. Nisa Investment Advisors LLC increased its position in SpartanNash by 3,585.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,732 shares of the company’s stock valued at $32,000 after purchasing an additional 1,685 shares during the period. Signaturefd LLC increased its position in SpartanNash by 64.9% during the 3rd quarter. Signaturefd LLC now owns 1,801 shares of the company’s stock valued at $40,000 after purchasing an additional 709 shares during the period. GAMMA Investing LLC increased its position in SpartanNash by 90.3% during the 4th quarter. GAMMA Investing LLC now owns 7,461 shares of the company’s stock valued at $137,000 after purchasing an additional 3,541 shares during the period. Blue Trust Inc. increased its position in SpartanNash by 308.8% during the 3rd quarter. Blue Trust Inc. now owns 7,531 shares of the company’s stock valued at $169,000 after purchasing an additional 5,689 shares during the period. Finally, Franklin Resources Inc. purchased a new position in SpartanNash during the 3rd quarter valued at about $211,000. Institutional investors own 84.59% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on SPTN. StockNews.com downgraded shares of SpartanNash from a “buy” rating to a “hold” rating in a research report on Thursday, January 30th. Northcoast Research downgraded shares of SpartanNash from a “buy” rating to a “neutral” rating and set a $10.00 target price on the stock. in a research report on Wednesday, February 19th.

SpartanNash Stock Up 1.0 %

NASDAQ:SPTN opened at $19.67 on Monday. The company has a market cap of $663.96 million, a PE ratio of -1,967.00 and a beta of 0.34. SpartanNash has a twelve month low of $17.30 and a twelve month high of $23.00. The company has a current ratio of 1.57, a quick ratio of 0.78 and a debt-to-equity ratio of 1.00. The company’s 50 day moving average is $18.63 and its two-hundred day moving average is $19.98.

SpartanNash (NASDAQ:SPTN) last posted its earnings results on Wednesday, February 12th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.09. During the same quarter last year, the firm earned $0.35 earnings per share. Analysts anticipate that SpartanNash will post 1.79 EPS for the current year.

SpartanNash Profile

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.