664,751 Shares in Amplify Snack Brands Inc (BETR) Purchased by Nuance Investments LLC

Nuance Investments LLC purchased a new stake in Amplify Snack Brands Inc (NYSE:BETR) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 664,751 shares of the company’s stock, valued at approximately $7,984,000. Nuance Investments LLC owned approximately 0.87% of Amplify Snack Brands at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of BETR. Bank of New York Mellon Corp increased its position in shares of Amplify Snack Brands by 7.8% during the second quarter. Bank of New York Mellon Corp now owns 147,907 shares of the company’s stock worth $1,425,000 after purchasing an additional 10,692 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Amplify Snack Brands by 22.4% during the second quarter. Wells Fargo & Company MN now owns 95,361 shares of the company’s stock worth $919,000 after purchasing an additional 17,444 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of Amplify Snack Brands by 77.4% during the second quarter. Alliancebernstein L.P. now owns 29,100 shares of the company’s stock worth $281,000 after purchasing an additional 12,700 shares in the last quarter. Teachers Advisors LLC increased its position in shares of Amplify Snack Brands by 21.3% during the second quarter. Teachers Advisors LLC now owns 60,614 shares of the company’s stock worth $584,000 after purchasing an additional 10,660 shares in the last quarter. Finally, TIAA CREF Investment Management LLC increased its position in shares of Amplify Snack Brands by 133.0% during the second quarter. TIAA CREF Investment Management LLC now owns 179,180 shares of the company’s stock worth $1,728,000 after purchasing an additional 102,267 shares in the last quarter. Institutional investors own 98.63% of the company’s stock.

Several equities analysts recently issued reports on the company. SunTrust Banks restated a “buy” rating and issued a $12.00 price target (up previously from $6.00) on shares of Amplify Snack Brands in a research report on Wednesday, January 17th. Credit Suisse Group set a $12.00 price target on Amplify Snack Brands and gave the company a “hold” rating in a research report on Tuesday, January 16th. Zacks Investment Research upgraded Amplify Snack Brands from a “sell” rating to a “hold” rating in a research report on Tuesday, January 2nd. William Blair cut Amplify Snack Brands from an “outperform” rating to a “market perform” rating in a research report on Monday, December 18th. Finally, Jefferies Group set a $10.00 price target on Amplify Snack Brands and gave the company a “buy” rating in a research report on Monday, October 30th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. Amplify Snack Brands presently has a consensus rating of “Hold” and an average price target of $9.75.

Shares of Amplify Snack Brands Inc (NYSE:BETR) remained flat at $$12.00 on Tuesday. 361,400 shares of the company were exchanged, compared to its average volume of 752,850. Amplify Snack Brands Inc has a twelve month low of $4.78 and a twelve month high of $12.32. The company has a market cap of $920.95 and a PE ratio of 100.00. The company has a current ratio of 1.34, a quick ratio of 0.94 and a debt-to-equity ratio of 6.51.

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About Amplify Snack Brands

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 (NYSE:BETR)

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