1 week Ago By ABMN Staff
Legal & General Group Plc decreased its holdings in shares of Utz Brands, Inc. ( NYSE:UTZ – Free Report ) by 5.8% in the 4th quarter, according to its most recent 13F filing with the SEC.
The fund owned 67,328 shares of the company’s stock after selling 4,163 shares during the period. Legal & General Group Plc’s holdings in Utz Brands were worth $1,054,000 at the end of the most recent reporting period. Other institutional investors and hedge funds also recently made changes to their positions in the company.
Barclays PLC raised its position in shares of Utz Brands by 21.4% during the 3rd quarter. Barclays PLC now owns 555,477 shares of the company’s stock valued at $9,831,000 after acquiring an additional 97,767 shares during the last quarter.
Victory Capital Management Inc. raised its position in shares of Utz Brands by 2.5% during the 4th quarter.
Victory Capital Management Inc. now owns 1,510,472 shares of the company’s stock valued at $23,654,000 after acquiring an additional 36,425 shares during the last quarter. Boston Partners raised its position in shares of Utz Brands by 3.
5% during the 4th quarter. Boston Partners now owns 885,316 shares of the company’s stock valued at $13,422,000 after acquiring an additional 30,156 shares during the last quarter. Raymond James Financial Inc.
bought a new stake in shares of Utz Brands during the 4th quarter valued at $339,000. Finally, PARK CIRCLE Co bought a new stake in shares of Utz Brands during the 4th quarter valued at $591,000. Institutional investors own 95.
97% of the company’s stock. Utz Brands Trading Down 2.6 % Utz Brands stock opened at $13.
36 on Monday. The firm has a 50-day moving average of $13.65 and a 200-day moving average of $14.
99. Utz Brands, Inc. has a one year low of $12.
15 and a one year high of $20.04. The company has a debt-to-equity ratio of 0.
56, a current ratio of 1.21 and a quick ratio of 0.85.
The company has a market cap of $1.89 billion, a price-to-earnings ratio of 74.22, a P/E/G ratio of 0.
86 and a beta of 1.10. Utz Brands Cuts Dividend The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th.
Stockholders of record on Monday, April 7th were paid a dividend of $0.011 per share. The ex-dividend date was Monday, April 7th.
This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.33%.
Utz Brands’s dividend payout ratio is 133.33%. Analysts Set New Price Targets UTZ has been the subject of a number of recent analyst reports.
Barclays lowered their price objective on shares of Utz Brands from $19.00 to $17.00 and set an “overweight” rating for the company in a research report on Friday, January 17th.
UBS Group initiated coverage on shares of Utz Brands in a research report on Wednesday, April 23rd. They issued a “neutral” rating and a $15.00 price objective for the company.
Mizuho lowered their price objective on shares of Utz Brands from $21.00 to $19.00 and set an “outperform” rating for the company in a research report on Monday, February 10th.
DA Davidson upgraded shares of Utz Brands from a “neutral” rating to a “buy” rating and set a $16.00 price objective for the company in a research report on Thursday. Finally, Piper Sandler lowered their price objective on shares of Utz Brands from $24.
00 to $20.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company.
According to data from MarketBeat.com, Utz Brands currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.56.
Check Out Our Latest Analysis on UTZ Insider Activity at Utz Brands In related news, insider Cc Collier Holdings, Llc sold 496,038 shares of the firm’s stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $13.40, for a total value of $6,646,909.
20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, CEO Howard A.
Friedman acquired 3,525 shares of the business’s stock in a transaction on Monday, February 24th. The shares were bought at an average price of $14.16 per share, with a total value of $49,914.
00. Following the completion of the transaction, the chief executive officer now directly owns 265,729 shares of the company’s stock, valued at approximately $3,762,722.64.
The trade was a 1.34 % increase in their ownership of the stock. The disclosure for this purchase can be found here .
16.32% of the stock is currently owned by company insiders. Utz Brands Profile ( Free Report ) Utz Brands, Inc engages in manufacture, marketing, and distribution of snack foods.
It offers a range of salty snacks, including salty snacks, including potato chips, tortilla chips, pretzels, cheese snacks, pork skins, veggie snacks, pub/party mixes, tortilla chips, salsa and dips, ready-to-eat popcorn, and other snacks under the Utz, Zapp’s, ON THE BORDER, Golden Flake, Boulder Canyon, Hawaiian, TORTIYAHS!, etc. See Also Want to see what other hedge funds are holding UTZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Utz Brands, Inc.
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