$0.08 EPS Expected for Amplify Snack Brands (BETR); Schnieders Capital Management Boosted General Electric Co (GE) Stake By $452,538

July 18, 2017 - By Richard Conner

Schnieders Capital Management Llc increased General Electric Co (GE) stake by 6.96% reported in 2016Q4 SEC filing. Schnieders Capital Management Llc acquired 14,598 shares as General Electric Co (GE)’s stock declined 7.64%. The Schnieders Capital Management Llc holds 224,415 shares with $7.09 million value, up from 209,817 last quarter. General Electric Co now has $233.25B valuation. The stock declined 0.04% or $0.01 reaching $26.81 on the news. About 3,834 shares traded. General Electric Company (NYSE:GE) has declined 4.46% since July 18, 2016 and is downtrending. It has underperformed by 21.16% the S&P500.

Analysts expect Amplify Snack Brands Inc (NYSE:BETR) to report $0.08 EPS on August, 14.They anticipate $0.06 EPS change or 42.86% from last quarter’s $0.14 EPS. BETR’s profit would be $5.95M giving it 31.47 P/E if the $0.08 EPS is correct. After having $0.05 EPS previously, Amplify Snack Brands Inc’s analysts see 60.00% EPS growth. The stock increased 0.80% or $0.08 on July 17, reaching $10.07. About shares traded. Amplify Snack Brands Inc (NYSE:BETR) has declined 24.38% since July 18, 2016 and is downtrending. It has underperformed by 41.08% the S&P500.

Amplify Snack Brands, Inc. is a snack food firm focused on developing and marketing products that appeal to consumers’ growing preference for better-for-you snacks. The company has market cap of $748.41 million. The Company’s divisions are North America and International. It has a 42.53 P/E ratio. The North America and International divisions 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.

Among 8 analysts covering Amplify Snack Brands Inc (NYSE:BETR), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Amplify Snack Brands Inc had 12 analyst reports since August 31, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Goldman Sachs on Monday, August 31. The firm has “Buy” rating given on Monday, August 31 by Suntrust Robinson. Jefferies initiated the stock with “Buy” rating in Wednesday, December 16 report. On Tuesday, December 20 the stock rating was initiated by Wedbush with “Neutral”. The company was initiated on Monday, August 31 by Jefferies. The stock of Amplify Snack Brands Inc (NYSE:BETR) has “Outperform” rating given on Monday, November 9 by Credit Suisse. The rating was maintained by Wedbush on Thursday, March 9 with “Neutral”. William Blair initiated the stock with “Outperform” rating in Monday, August 31 report. The firm has “Buy” rating given on Monday, August 31 by SunTrust. The rating was initiated by Piper Jaffray with “Overweight” on Monday, August 31.

Investors sentiment decreased to 0.82 in Q4 2016. Its down 0.07, from 0.89 in 2016Q3. It dropped, as 68 investors sold GE shares while 818 reduced holdings. 116 funds opened positions while 609 raised stakes. 4.64 billion shares or 0.15% more from 4.63 billion shares in 2016Q3 were reported. Armstrong Henry H Associates Incorporated reported 1.23% of its portfolio in General Electric Company (NYSE:GE). Monroe Bankshares Trust Mi invested in 0.16% or 14,494 shares. Phocas Fincl, California-based fund reported 216,809 shares. Virginia-based Evermay Wealth Mgmt Ltd Llc has invested 1.01% in General Electric Company (NYSE:GE). Atria Ltd Llc has 155,640 shares. Camarda Advisors Ltd Co holds 0.07% or 3,237 shares in its portfolio. Westwood Il stated it has 11,100 shares. Boston Family Office, a Massachusetts-based fund reported 367,680 shares. Shoker Inv Counsel stated it has 2.38% in General Electric Company (NYSE:GE). Robeco Institutional Asset Bv owns 403,735 shares. Moreover, Legacy Cap Prtn has 0.25% invested in General Electric Company (NYSE:GE). California-based Destination Wealth Management has invested 1.61% in General Electric Company (NYSE:GE). Integrated Wealth Counsel invested 1.97% of its portfolio in General Electric Company (NYSE:GE). Bancshares Of Hawaii, a Hawaii-based fund reported 383,915 shares. Cim Invest Mangement stated it has 0.94% in General Electric Company (NYSE:GE).

Among 22 analysts covering General Electric Company (NYSE:GE), 11 have Buy rating, 3 Sell and 8 Hold. Therefore 50% are positive. General Electric Company had 52 analyst reports since July 21, 2015 according to SRatingsIntel. BMO Capital Markets maintained General Electric Company (NYSE:GE) rating on Thursday, March 23. BMO Capital Markets has “Hold” rating and $67 target. The stock of General Electric Company (NYSE:GE) earned “Perform” rating by Oppenheimer on Monday, September 21. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, July 7 report. The firm has “Outperform” rating by RBC Capital Markets given on Monday, October 19. UBS maintained General Electric Company (NYSE:GE) rating on Friday, October 14. UBS has “Buy” rating and $34 target. S&P Research maintained it with “Buy” rating and $34 target in Wednesday, October 14 report. Deutsche Bank maintained General Electric Company (NYSE:GE) on Tuesday, August 25 with “Hold” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, April 24. The company was downgraded on Wednesday, April 26 by Bank of America. The stock has “Buy” rating by Citigroup on Thursday, January 21.