Nationwide Fund Advisors Invests $488,000 in Simply Good Foods Co (SMPL) Stock

Nationwide Fund Advisors bought a new position in shares of Simply Good Foods Co (NASDAQ:SMPL) during the third quarter, according to its most recent filing with the SEC. The fund bought 41,640 shares of the financial services provider’s stock, valued at approximately $488,000. Nationwide Fund Advisors owned 0.35% of Simply Good Foods at the end of the most recent reporting period.

Simply Good Foods Co (NASDAQ:SMPL) opened at $13.95 on Wednesday. Simply Good Foods Co has a twelve month low of $10.93 and a twelve month high of $16.01. The company has a debt-to-equity ratio of 0.31, a quick ratio of 3.31 and a current ratio of 4.20.

Simply Good Foods (NASDAQ:SMPL) last issued its quarterly earnings data on Tuesday, January 9th. The financial services provider reported $0.14 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.02). research analysts anticipate that Simply Good Foods Co will post 0.52 earnings per share for the current fiscal year.

A number of brokerages recently issued reports on SMPL. Zacks Investment Research cut Simply Good Foods from a “buy” rating to a “hold” rating in a research note on Saturday. Berenberg Bank initiated coverage on Simply Good Foods in a report on Thursday, November 16th. They set a “buy” rating and a $15.00 target price for the company. Finally, Goldman Sachs Group initiated coverage on Simply Good Foods in a report on Wednesday, October 4th. They set a “buy” rating and a $16.00 target price for the company.

COPYRIGHT VIOLATION WARNING: This report was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this report on another publication, it was illegally copied and reposted in violation of United States & international trademark & copyright laws. The legal version of this report can be viewed at https://www.dispatchtribunal.com/2018/01/17/nationwide-fund-advisors-invests-488000-in-simply-good-foods-co-smpl.html.

About Simply Good Foods

The Simply Good Foods Company is a holding company. The Company through its subsidiaries, is engaged in developing, marketing and selling of branded nutritional foods and snacking products. The Company offers a range of products such as nutrition bars, ready to drink (RTD) shakes, snacks and confectionery products.

Institutional Ownership by Quarter for Simply Good Foods (NASDAQ:SMPL)

Receive News & Ratings for Simply Good Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simply Good Foods and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply