LPL Financial LLC Has $386,000 Stock Position in The Simply Good Foods Company (NASDAQ:SMPL)

LPL Financial LLC increased its holdings in The Simply Good Foods Company ( NASDAQ:SMPL – Free Report ) by 3.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,890 shares of the financial services provider’s stock after purchasing an additional 315 shares during the period.

LPL Financial LLC’s holdings in Simply Good Foods were worth $386,000 at the end of the most recent reporting period. Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Boston Trust Walden Corp raised its stake in Simply Good Foods by 31.



3% during the 4th quarter. Boston Trust Walden Corp now owns 3,031,574 shares of the financial services provider’s stock valued at $118,171,000 after purchasing an additional 722,963 shares during the last quarter. Boston Partners raised its holdings in Simply Good Foods by 109.

0% during the 4th quarter. Boston Partners now owns 1,221,285 shares of the financial services provider’s stock worth $47,287,000 after purchasing an additional 637,038 shares during the last quarter. Franklin Resources Inc.

grew its holdings in Simply Good Foods by 2.8% during the 3rd quarter. Franklin Resources Inc.

now owns 1,065,941 shares of the financial services provider’s stock worth $36,402,000 after acquiring an additional 28,876 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Simply Good Foods by 4.

4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,033,884 shares of the financial services provider’s stock worth $40,301,000 after buying an additional 43,874 shares during the last quarter.

Finally, Handelsbanken Fonder AB raised its holdings in Simply Good Foods by 34.9% in the fourth quarter. Handelsbanken Fonder AB now owns 990,500 shares of the financial services provider’s stock worth $38,610,000 after purchasing an additional 256,200 shares during the period.

88.45% of the stock is currently owned by institutional investors and hedge funds. Analysts Set New Price Targets SMPL has been the topic of a number of research reports.

DA Davidson lifted their price target on shares of Simply Good Foods from $35.00 to $41.00 and gave the company a “neutral” rating in a research note on Friday, April 11th.

Mizuho raised their price target on shares of Simply Good Foods from $45.00 to $47.00 and gave the stock an “outperform” rating in a research report on Friday, April 11th.

UBS Group assumed coverage on Simply Good Foods in a research note on Wednesday. They set a “neutral” rating and a $41.00 target price for the company.

Finally, Morgan Stanley boosted their price target on Simply Good Foods from $36.00 to $37.00 and gave the stock an “equal weight” rating in a report on Thursday, April 10th.

Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $41.00.

Insiders Place Their Bets In related news, SVP Stuart E. Jr. Heflin sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, April 11th.

The shares were sold at an average price of $37.25, for a total value of $186,250.00.

Following the completion of the transaction, the senior vice president now directly owns 12,839 shares of the company’s stock, valued at approximately $478,252.75. This trade represents a 28.

03 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Company insiders own 9.

35% of the company’s stock. Simply Good Foods Trading Down 0.5 % NASDAQ SMPL opened at $35.

23 on Friday. The company has a quick ratio of 2.75, a current ratio of 4.

23 and a debt-to-equity ratio of 0.20. The business has a 50 day moving average price of $35.

54 and a 200-day moving average price of $36.48. The company has a market cap of $3.

56 billion, a price-to-earnings ratio of 24.99, a P/E/G ratio of 3.23 and a beta of 0.

63. The Simply Good Foods Company has a 52 week low of $31.25 and a 52 week high of $40.

53. Simply Good Foods ( NASDAQ:SMPL – Get Free Report ) last released its quarterly earnings results on Wednesday, April 9th. The financial services provider reported $0.

46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.06.

The company had revenue of $359.70 million for the quarter, compared to analyst estimates of $354.50 million.

Simply Good Foods had a net margin of 10.40% and a return on equity of 10.25%.

The firm’s revenue was up 15.2% on a year-over-year basis. During the same period last year, the firm earned $0.

40 earnings per share. As a group, equities analysts expect that The Simply Good Foods Company will post 1.78 earnings per share for the current fiscal year.

Simply Good Foods Company Profile ( Free Report ) 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.

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