Utz Brands (NYSE:UTZ) Shares Acquired Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Utz Brands, Inc. (NYSE:UTZ). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Utz Brands stock on March 24th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of PTC (NASDAQ:PTC) on 4/1/2025.
• Sold $1,001 – $15,000 in shares of W. R. Berkley (NYSE:WRB) on 4/1/2025.
• Sold $15,001 – $50,000 in shares of GoDaddy (NYSE:GDDY) on 4/1/2025.
• Purchased $1,001 – $15,000 in shares of Ford Motor (NYSE:F) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 3/31/2025.
• Purchased $1,001 – $15,000 in shares of Boeing (NYSE:BA) on 3/31/2025.
• Sold $1,001 – $15,000 in shares of Hologic (NASDAQ:HOLX) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 3/31/2025.
• Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/31/2025.

Utz Brands Stock Down 4.7 %

Shares of NYSE:UTZ opened at $12.61 on Wednesday. The company has a market capitalization of $1.78 billion, a PE ratio of 70.03, a price-to-earnings-growth ratio of 0.86 and a beta of 1.10. Utz Brands, Inc. has a 1 year low of $12.54 and a 1 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 business has a fifty day moving average price of $13.65 and a two-hundred day moving average price of $15.37.

Utz Brands (NYSE:UTZ) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.03. Utz Brands had a net margin of 1.13% and a return on equity of 7.92%. The company had revenue of $341.05 million during the quarter, compared to analyst estimates of $349.93 million. During the same quarter in the prior year, the business earned $0.16 earnings per share. Analysts forecast that Utz Brands, Inc. will post 0.85 earnings per share for the current year.

Utz Brands Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Monday, April 7th will be issued a dividend of $0.011 per share. The ex-dividend date is Monday, April 7th. This represents a $0.04 dividend on an annualized basis and a yield of 0.35%. Utz Brands’s dividend payout ratio (DPR) is currently 133.33%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on UTZ. Piper Sandler dropped their price objective on Utz Brands from $24.00 to $20.00 and set an “overweight” rating on the stock in a research note on Thursday, January 16th. DA Davidson cut their price target on Utz Brands from $18.00 to $16.00 and set a “neutral” rating for the company in a research note on Monday, February 24th. Royal Bank of Canada lowered their price objective on Utz Brands from $23.00 to $20.00 and set an “outperform” rating on the stock in a research note on Monday, February 24th. TD Cowen dropped their price objective on shares of Utz Brands from $21.00 to $17.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Finally, Barclays reduced their target price on shares of Utz Brands from $19.00 to $17.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Utz Brands presently has an average rating of “Moderate Buy” and an average price target of $19.25.

Hedge Funds Weigh In On Utz Brands

Large investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Utz Brands by 4.5% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 37,280 shares of the company’s stock worth $584,000 after acquiring an additional 1,596 shares during the period. Newton One Investments LLC purchased a new position in shares of Utz Brands during the 4th quarter valued at $26,000. Rhumbline Advisers increased its holdings in shares of Utz Brands by 1.9% in the fourth quarter. Rhumbline Advisers now owns 95,103 shares of the company’s stock worth $1,489,000 after purchasing an additional 1,757 shares during the period. LPL Financial LLC raised its position in shares of Utz Brands by 4.7% in the fourth quarter. LPL Financial LLC now owns 39,879 shares of the company’s stock worth $624,000 after buying an additional 1,789 shares in the last quarter. Finally, M&T Bank Corp boosted its stake in Utz Brands by 18.9% during the fourth quarter. M&T Bank Corp now owns 12,678 shares of the company’s stock valued at $198,000 after buying an additional 2,011 shares during the period. 95.97% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Cc Collier Holdings, Llc sold 496,038 shares of the firm’s stock in a transaction that occurred on 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 SEC, which is available through this link. Also, CEO Howard A. Friedman bought 3,525 shares of the company’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 owns 265,729 shares of the company’s stock, valued at $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 owned by company insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Utz Brands Company Profile

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.