Gabelli Funds LLC bought a new position in shares of Amplify Snack Brands Inc (NYSE:BETR) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,264,287 shares of the company’s stock, valued at approximately $27,194,000. Gabelli Funds LLC owned about 2.95% of Amplify Snack Brands at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. acquired a new position in Amplify Snack Brands in the third quarter valued at approximately $102,000. Verition Fund Management LLC acquired a new position in Amplify Snack Brands during the second quarter worth $119,000. Nationwide Fund Advisors lifted its stake in Amplify Snack Brands by 8.3% during the second quarter. Nationwide Fund Advisors now owns 18,094 shares of the company’s stock worth $174,000 after purchasing an additional 1,391 shares in the last quarter. Parametric Portfolio Associates LLC lifted its stake in Amplify Snack Brands by 63.9% during the second quarter. Parametric Portfolio Associates LLC now owns 19,085 shares of the company’s stock worth $184,000 after purchasing an additional 7,438 shares in the last quarter. Finally, First Allied Advisory Services Inc. lifted its stake in Amplify Snack Brands by 223.8% during the third quarter. First Allied Advisory Services Inc. now owns 34,000 shares of the company’s stock worth $241,000 after purchasing an additional 23,500 shares in the last quarter. Institutional investors and hedge funds own 98.63% of the company’s stock.
Shares of Amplify Snack Brands Inc (BETR) opened at $12.00 on Thursday. The company has a debt-to-equity ratio of 6.51, a current ratio of 1.34 and a quick ratio of 0.94. The company has a market cap of $920.95 and a PE ratio of 100.00. Amplify Snack Brands Inc has a 12-month low of $4.78 and a 12-month high of $12.32.
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Amplify Snack Brands 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.
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