9,170 Shares in BBB Foods Inc. $TBBB Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. acquired a new stake in shares of BBB Foods Inc. (NYSE:TBBB) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,170 shares of the company’s stock, valued at approximately $245,000.

Other institutional investors have also added to or reduced their stakes in the company. Mariner LLC bought a new stake in shares of BBB Foods during the 4th quarter valued at about $611,000. White Oak Capital Partners Pte. Ltd. purchased a new stake in BBB Foods in the fourth quarter valued at approximately $226,000. Hood River Capital Management LLC lifted its position in BBB Foods by 144.6% during the fourth quarter. Hood River Capital Management LLC now owns 13,176 shares of the company’s stock valued at $373,000 after purchasing an additional 7,789 shares during the last quarter. Gilder Gagnon Howe & Co. LLC lifted its position in BBB Foods by 3.1% during the fourth quarter. Gilder Gagnon Howe & Co. LLC now owns 2,853,906 shares of the company’s stock valued at $80,708,000 after purchasing an additional 84,482 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in BBB Foods by 0.4% in the 4th quarter. The Manufacturers Life Insurance Company now owns 547,642 shares of the company’s stock worth $15,487,000 after buying an additional 1,960 shares in the last quarter. 8.42% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on TBBB shares. Wall Street Zen cut shares of BBB Foods from a “hold” rating to a “sell” rating in a research report on Saturday, August 2nd. UBS Group increased their target price on BBB Foods from $32.00 to $33.00 and gave the company a “neutral” rating in a research note on Wednesday, June 4th. Finally, The Goldman Sachs Group raised BBB Foods to a “hold” rating in a research note on Wednesday, July 9th. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $33.17.

BBB Foods Trading Up 1.1%

Shares of TBBB opened at $25.92 on Thursday. BBB Foods Inc. has a fifty-two week low of $23.00 and a fifty-two week high of $35.22. The firm has a market cap of $2.96 billion, a price-to-earnings ratio of -324.00, a PEG ratio of 11.66 and a beta of -0.02. The firm has a 50 day moving average price of $26.15 and a 200-day moving average price of $27.12. The company has a debt-to-equity ratio of 2.08, a quick ratio of 0.44 and a current ratio of 0.69.

BBB Foods (NYSE:TBBB) last issued its earnings results on Monday, August 11th. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.09). The business had revenue of $1 billion during the quarter, compared to analysts’ expectations of $17.98 billion. BBB Foods had a negative return on equity of 3.07% and a negative net margin of 0.19%. As a group, equities research analysts forecast that BBB Foods Inc. will post 0.15 earnings per share for the current year.

BBB Foods Company Profile

BBB Foods Inc, through its subsidiaries, operates a chain of grocery retail stores in Mexico. It offers household cleaning, personal hyenine, cosmetics and beauty, pharmacy, and general merchandise products, as well as jellies and desserts, foods and drinks, pet supplies, coffee, tea, chocolates, breads, dry and frozen foods, snacks and sweets, and toilet papers and napkins.