Amplify Snack Brands Inc (BETR) : Copper Rock Capital Partners scooped up 562,708 additional shares in Amplify Snack Brands Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 19, 2016. The investment management firm now holds a total of 1,942,433 shares of Amplify Snack Brands Inc which is valued at $30,340,803.Amplify Snack Brands Inc makes up approximately 2.21% of Copper Rock Capital Partners’s portfolio.
Other Hedge Funds, Including , First National Bank Of Omaha added BETR to its portfolio by purchasing 49,375 company shares during the most recent quarter which is valued at $771,238. Amplify Snack Brands Inc makes up approx 0.06% of First National Bank Of Omaha’s portfolio. Simplex Trading sold out all of its stake in BETR during the most recent quarter. The investment firm sold 7,940 shares of BETR which is valued $124,023. Gw&k Investment Management added BETR to its portfolio by purchasing 1,174,311 company shares during the most recent quarter which is valued at $18,284,022. Amplify Snack Brands Inc makes up approx 0.37% of Gw&k Investment Management’s portfolio. Bnp Paribas Arbitrage Sa added BETR to its portfolio by purchasing 1,143 company shares during the most recent quarter which is valued at $18,128.
On the company’s financial health, Amplify Snack Brands Inc reported $0.13 EPS for the quarter, based on the information available during the earnings call on May 2, 2016. Analyst had a consensus estimate of $0.13. The company had revenue of $54.30 million for the quarter, compared to analysts expectations of $53.94 million. The company’s revenue was up 22.6% compared to the same quarter last year.
Many Wall Street Analysts have commented on Amplify Snack Brands Inc. DA Davidson Initiated Amplify Snack Brands Inc on Apr 27, 2016 to “Buy”, Price Target of the shares are set at $18.
Amplify Snack Brands Inc. is a snack food company. The Company is engaged in marketing and distribution of better-for-you (BFY) ready-to-eat (RTE) snacking products. The Company’s anchor brand SkinnyPop is a BFY RTE popcorn brand. The Company’s SkinnyPop product portfolio consists of four core flavors which include original black pepper white cheddar flavor and naturally sweet along with occasional rotational flavors which are sold in a range of packaging sizes and marketed under the SkinnyPop brand. The Company’s SkinnyPop brand sells products and is sold in over 47000 retail locations in the United States and Canada. The Company distributes its products across a range of retail channels including natural and conventional grocery drug convenience club and mass merchandise. The Company also has a presence in the foodservice and selected other non-food retail channels.