Landscape Capital Management L.L.C. Purchases 90,637 Shares of Utz Brands, Inc. $UTZ

Landscape Capital Management L.L.C. lifted its position in Utz Brands, Inc. (NYSE:UTZ) by 52.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 262,443 shares of the company’s stock after buying an additional 90,637 shares during the period. Landscape Capital Management L.L.C.’s holdings in Utz Brands were worth $2,724,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Utz Brands by 3.4% in the 4th quarter. Vanguard Group Inc. now owns 7,679,985 shares of the company’s stock valued at $79,718,000 after buying an additional 252,876 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Utz Brands by 7.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,085,250 shares of the company’s stock valued at $76,370,000 after buying an additional 413,493 shares in the last quarter. Copeland Capital Management LLC increased its position in shares of Utz Brands by 10.2% in the 4th quarter. Copeland Capital Management LLC now owns 3,449,862 shares of the company’s stock valued at $35,810,000 after buying an additional 318,763 shares in the last quarter. Balyasny Asset Management L.P. increased its position in shares of Utz Brands by 42.3% in the 2nd quarter. Balyasny Asset Management L.P. now owns 2,946,512 shares of the company’s stock valued at $36,979,000 after buying an additional 875,847 shares in the last quarter. Finally, Alyeska Investment Group L.P. increased its position in shares of Utz Brands by 105.2% in the 4th quarter. Alyeska Investment Group L.P. now owns 2,414,791 shares of the company’s stock valued at $25,066,000 after buying an additional 1,238,180 shares in the last quarter. Institutional investors own 95.97% of the company’s stock.

Utz Brands Price Performance

UTZ stock opened at $7.13 on Monday. The stock has a 50-day moving average price of $7.49 and a two-hundred day moving average price of $8.80. The stock has a market cap of $1.03 billion, a PE ratio of -71.24, a price-to-earnings-growth ratio of 2.60 and a beta of 0.83. The company has a current ratio of 1.14, a quick ratio of 0.75 and a debt-to-equity ratio of 0.62. Utz Brands, Inc. has a 1 year low of $6.78 and a 1 year high of $14.67.

Utz Brands (NYSE:UTZ) last released its earnings results on Wednesday, May 6th. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.01. The firm had revenue of $361.30 million during the quarter, compared to analysts’ expectations of $361.77 million. Utz Brands had a positive return on equity of 8.61% and a negative net margin of 0.58%.The company’s revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.16 EPS. Utz Brands has set its FY 2026 guidance at 0.771-0.795 EPS. Equities analysts forecast that Utz Brands, Inc. will post 0.78 EPS for the current fiscal year.

Utz Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Monday, June 22nd will be paid a dividend of $0.063 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Monday, June 22nd. Utz Brands’s dividend payout ratio is currently -250.00%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Barclays lowered their price objective on shares of Utz Brands from $12.00 to $10.00 and set an “overweight” rating for the company in a research report on Tuesday, April 14th. BTIG Research assumed coverage on shares of Utz Brands in a research report on Monday, April 13th. They issued a “buy” rating and a $10.00 price objective for the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Utz Brands in a report on Friday, March 27th. UBS Group lowered their target price on Utz Brands from $10.00 to $8.50 and set a “neutral” rating for the company in a report on Tuesday, April 7th. Finally, Zacks Research upgraded Utz Brands from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $12.06.

Utz Brands Company Profile

Utz Brands, Inc is a leading U.S. manufacturer and distributor of salty snack foods, offering a wide range of products including potato chips, pretzels, cheese snacks, popcorn and tortilla chips. Headquartered in Hanover, Pennsylvania, the company markets its snacks under several well-known brands and serves grocery, mass merchandise, club, convenience and online retailers throughout the United States.

Founded in 1921 by Bill and Salie Utz as a small country store operation, the business expanded gradually through direct delivery to local customers and sales to regional grocers.