Rhumbline Advisers cut its stake in Amplify Snack Brands Inc (NYSE:BETR) by 15.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,645 shares of the company’s stock after selling 5,793 shares during the quarter. Rhumbline Advisers’ holdings in Amplify Snack Brands were worth $368,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in BETR. Gabelli Funds LLC purchased a new position in shares of Amplify Snack Brands in the 4th quarter valued at $27,194,000. Alpine Associates Management Inc. purchased a new position in shares of Amplify Snack Brands in the 4th quarter valued at $18,338,000. Frontier Capital Management Co. LLC increased its holdings in shares of Amplify Snack Brands by 337.4% in the 4th quarter. Frontier Capital Management Co. LLC now owns 1,576,327 shares of the company’s stock valued at $18,932,000 after acquiring an additional 1,215,942 shares during the period. Chicago Capital Management LLC purchased a new position in shares of Amplify Snack Brands in the 4th quarter valued at $14,346,000. Finally, Longfellow Investment Management Co. LLC acquired a new stake in shares of Amplify Snack Brands in the 4th quarter worth $12,010,000. Institutional investors and hedge funds own 98.63% of the company’s stock.
Amplify Snack Brands stock opened at $12.00 on Friday. Amplify Snack Brands Inc has a 1-year low of $4.78 and a 1-year high of $12.32. The company has a quick ratio of 0.94, a current ratio of 1.34 and a debt-to-equity ratio of 6.51.
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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