utz quality foods, llc, a privately-owned and family managed company founded in 1921 and based in hanover, pa manufacturers and markets snack foods throughout the united states and internationally. the company produces a full line of snack products including potato chips, pretzels, cheese snacks, corn products and popcorn. utz has four manufacturing facilities in hanover, with additional facilities in louisiana, massachusetts, and wilkes-barre, pa. utz products are distributed nationally through grocery, mass-merchant, club stores, convenience stores, drug stores and other channels under the utz, zapp’s, “dirty”, wachusett, mystic, & california chips brand names. for information about utz or its products, visit www.utzsnacks.com or call 1-800-for-snax.
Company profile
Ticker
UTZ
Exchange
Website
CEO
Dylan B. Lissette
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Collier Creek Holdings
SEC CIK
Corporate docs
Subsidiaries
Utz Brands Holdings, LLC • Utz Quality Foods, LLC • UTZTRAN, LLC • Heron Holding Corporation • Golden Flake Snack Foods, Inc. • Kitchen Cooked, Inc. • Kennedy Endeavors, LLC • GH Pop Holdings, LLC • Condor Snack Foods, LLC • Snikiddy, LLC ...
IRS number
981425274
UTZ stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
14 Mar 24
DEFA14A
Additional proxy soliciting materials
14 Mar 24
DEF 14A
Definitive proxy
14 Mar 24
PRE 14A
Preliminary proxy
1 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Utz Brands Reports Fourth Quarter and Full-Year 2023 Results
29 Feb 24
8-K
Utz Brands Announces Acceleration of Supply Chain Transformation and Brand Portfolio Strategy
31 Jan 24
8-K
Departure of Directors or Certain Officers
12 Jan 24
8-K
Utz Brands to Introduce Long-Term Growth Strategy at 2023 Investor Day
15 Dec 23
8-K
Departure of Directors or Certain Officers
22 Nov 23
Transcripts
UTZ
Earnings call transcript
2023 Q3
9 Nov 23
UTZ
Earnings call transcript
2023 Q2
10 Aug 23
UTZ
Earnings call transcript
2023 Q1
11 May 23
UTZ
Earnings call transcript
2022 Q4
2 Mar 23
UTZ
Earnings call transcript
2022 Q3
10 Nov 22
UTZ
Earnings call transcript
2022 Q2
11 Aug 22
UTZ
Earnings call transcript
2022 Q1
12 May 22
UTZ
Earnings call transcript
2021 Q4
3 Mar 22
UTZ
Earnings call transcript
2021 Q3
11 Nov 21
UTZ
Earnings call transcript
2021 Q2
12 Aug 21
Latest ownership filings
4
Chinh Chu
15 Mar 24
4
Change in insider ownership
15 Mar 24
144
Notice of proposed sale of securities
15 Mar 24
4
ROGER K DEROMEDI
14 Mar 24
SC 13D/A
Series R of UM Partners, LLC
6 Mar 24
4
Change in insider ownership
4 Mar 24
4
Change in insider ownership
4 Mar 24
144
Notice of proposed sale of securities
4 Mar 24
144
Notice of proposed sale of securities
4 Mar 24
144
Notice of proposed sale of securities
26 Feb 24
Financial summary
Quarter (USD) | Oct 23 | Jul 23 | Apr 23 | Jan 23 | |
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Diluted EPS |
Annual (USD) | Jan 23 | Jan 22 | Jan 21 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 60.09 mm | 60.09 mm | 60.09 mm | 60.09 mm | 60.09 mm | 60.09 mm |
Cash burn (monthly) | 4.52 mm | (no burn) | (no burn) | 2.39 mm | (no burn) | (no burn) |
Cash used (since last report) | 26.92 mm | n/a | n/a | 14.22 mm | n/a | n/a |
Cash remaining | 33.18 mm | n/a | n/a | 45.88 mm | n/a | n/a |
Runway (months of cash) | 7.3 | n/a | n/a | 19.2 | n/a | n/a |
Institutional ownership, Q3 2023
88.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 189 |
Opened positions | 24 |
Closed positions | 26 |
Increased positions | 84 |
Reduced positions | 48 |
13F shares | Current |
---|---|
Total value | 940.41 bn |
Total shares | 71.61 mm |
Total puts | 50.20 k |
Total calls | 99.70 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 6.76 mm | $90.75 bn |
Champlain Investment Partners | 5.94 mm | $79.78 bn |
JPM JPMorgan Chase & Co. | 5.44 mm | $73.03 bn |
BLK Blackrock | 4.94 mm | $66.37 bn |
Neuberger Berman | 4.76 mm | $63.99 bn |
T. Rowe Price Investment Management | 4.35 mm | $58.76 bn |
DF Dent & Co | 4.01 mm | $53.87 bn |
Bamco | 3.25 mm | $43.65 bn |
GS Goldman Sachs | 2.96 mm | $39.76 bn |
Copeland Capital Management | 2.75 mm | $36.97 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Mar 24 | Chu Chinh | Common Stock | Sell | Dispose S | Yes | No | 18.14 | 244,712 | 4.44 mm | 3,311,442 |
14 Mar 24 | CC Collier | Common Stock | Sell | Dispose S | No | No | 18.14 | 244,712 | 4.44 mm | 3,311,442 |
13 Mar 24 | Chu Chinh | Common Stock | Sell | Dispose S | Yes | No | 17.8 | 92,226 | 1.64 mm | 3,556,154 |
13 Mar 24 | CC Collier | Common Stock | Sell | Dispose S | No | No | 17.8 | 92,226 | 1.64 mm | 3,556,154 |
12 Mar 24 | Roger K Deromedi | Class A Common Stock | Gift | Dispose G | Yes | No | 0 | 17,750 | 0.00 | 2,381,720 |
4 Mar 24 | Series R of UM Partners | Class A Common Stock | Sell | Dispose S | No | No | 17.4 | 78,750 | 1.37 mm | 70,215 |
4 Mar 24 | Series U of UM Partners | Class A Common Stock | Sell | Dispose S | No | No | 17.4 | 446,250 | 7.76 mm | 397,885 |
News
B of A Securities Upgrades Utz Brands to Buy, Raises Price Target to $22
14 Mar 24
DA Davidson Maintains Neutral on Utz Brands, Lowers Price Target to $19
4 Mar 24
Truist Securities Maintains Hold on Utz Brands, Raises Price Target to $17
4 Mar 24
Piper Sandler Maintains Overweight on Utz Brands, Raises Price Target to $21
1 Mar 24
Analyst Scoreboard: 6 Ratings For Utz Brands
1 Mar 24
Press releases
Utz Brands Showcases Better-For-You Portfolio at Natural Products Expo West
11 Mar 24
Utz Brands, Inc. to Webcast Presentation at the BofA Securities 2024 Consumer & Retail Conference on March 12
6 Mar 24
Utz Brands Reports Fourth Quarter and Full-Year 2023 Results
29 Feb 24
Utz Unveils New Mixed Minis Pretzels
27 Feb 24
Utz Quality Foods Issues Allergy Alert on Undeclared Milk in Utz® Wavy Original Potato Chips in Metro New York Area
25 Jan 24