UBS Asset Management Americas Inc. maintained its stake in shares of Amplify Snack Brands, inc. (NYSE:BETR) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,500 shares of the company’s stock at the end of the 2nd quarter. UBS Asset Management Americas Inc.’s holdings in Amplify Snack Brands, inc. were worth $169,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in Amplify Snack Brands, inc. by 7.5% during the first quarter. Vanguard Group Inc. now owns 2,338,664 shares of the company’s stock valued at $19,645,000 after purchasing an additional 162,290 shares during the last quarter. Janus Capital Management LLC bought a new stake in Amplify Snack Brands, inc. during the first quarter valued at approximately $15,370,000. Tributary Capital Management LLC lifted its position in Amplify Snack Brands, inc. by 12.0% during the second quarter. Tributary Capital Management LLC now owns 1,155,613 shares of the company’s stock valued at $11,140,000 after purchasing an additional 123,621 shares during the last quarter. Century Capital Management LLC lifted its position in Amplify Snack Brands, inc. by 45.3% during the second quarter. Century Capital Management LLC now owns 394,273 shares of the company’s stock valued at $3,801,000 after purchasing an additional 122,905 shares during the last quarter. Finally, Handelsinvest Investeringsforvaltning lifted its position in Amplify Snack Brands, inc. by 52.7% during the second quarter. Handelsinvest Investeringsforvaltning now owns 263,700 shares of the company’s stock valued at $2,542,000 after purchasing an additional 91,000 shares during the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

In other Amplify Snack Brands, inc. news, insider Brian Goldberg sold 40,000 shares of Amplify Snack Brands, inc. stock in a transaction that occurred on Tuesday, October 24th. The shares were sold at an average price of $7.00, for a total transaction of $280,000.00. Following the transaction, the insider now directly owns 1,273,866 shares of the company’s stock, valued at $8,917,062. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 120,000 shares of company stock worth $828,800 over the last three months. Insiders own 57.40% of the company’s stock.

BETR has been the subject of several research analyst reports. BidaskClub upgraded shares of Amplify Snack Brands, inc. from a “strong sell” rating to a “sell” rating in a research report on Friday, September 1st. Jefferies Group LLC reissued a “buy” rating and set a $12.00 price target on shares of Amplify Snack Brands, inc. in a research note on Thursday, August 31st. Zacks Investment Research raised shares of Amplify Snack Brands, inc. from a “hold” rating to a “buy” rating and set a $11.00 price target on the stock in a research note on Thursday, July 13th. TheStreet raised shares of Amplify Snack Brands, inc. from a “d+” rating to a “c” rating in a research note on Wednesday, August 2nd. Finally, Credit Suisse Group decreased their price target on shares of Amplify Snack Brands, inc. from $9.00 to $7.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 27th. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. Amplify Snack Brands, inc. has a consensus rating of “Hold” and an average price target of $9.50.

Amplify Snack Brands, inc. (BETR) opened at $6.41 on Tuesday. The company has a market cap of $489.62, a P/E ratio of 20.58, a price-to-earnings-growth ratio of 1.49 and a beta of 2.10. Amplify Snack Brands, inc. has a one year low of $6.09 and a one year high of $14.51. The company has a debt-to-equity ratio of 7.66, a quick ratio of 0.84 and a current ratio of 1.16.

Amplify Snack Brands, inc. (NYSE:BETR) last posted its quarterly earnings results on Tuesday, August 8th. The company reported $0.08 EPS for the quarter, hitting the consensus estimate of $0.08. The firm had revenue of $101.00 million for the quarter, compared to the consensus estimate of $98.99 million. Amplify Snack Brands, inc. had a net margin of 3.43% and a return on equity of 36.58%. The business’s revenue was up 68.6% compared to the same quarter last year. During the same period last year, the firm posted $0.15 earnings per share. sell-side analysts predict that Amplify Snack Brands, inc. will post 0.34 EPS for the current fiscal year.

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Amplify Snack Brands, inc. Profile

Amplify Snack Brands, Inc is a snack food company focused on developing and marketing products that appeal to consumers’ growing preference for better-for-you (BFY) snacks. The Company’s segments are North America and International. The North America and International segments both operate in the snack food category and whose brands and products are offered in the natural and conventional grocery, drug, convenience, food service, club, mass merchandise and other channels.

Institutional Ownership by Quarter for Amplify Snack Brands, inc. (NYSE:BETR)

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