Universal Beteiligungs und Servicegesellschaft mbH Sells 108,952 Shares of BellRing Brands Inc. $BRBR

Universal Beteiligungs und Servicegesellschaft mbH decreased its position in BellRing Brands Inc. (NYSE:BRBR) by 53.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 93,057 shares of the company’s stock after selling 108,952 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.07% of BellRing Brands worth $5,391,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Axiom Investors LLC DE grew its position in BellRing Brands by 418.1% during the first quarter. Axiom Investors LLC DE now owns 2,248,924 shares of the company’s stock valued at $167,455,000 after acquiring an additional 1,814,811 shares during the last quarter. William Blair Investment Management LLC purchased a new stake in shares of BellRing Brands in the 2nd quarter valued at $124,777,000. Driehaus Capital Management LLC grew its holdings in shares of BellRing Brands by 19.4% during the 1st quarter. Driehaus Capital Management LLC now owns 1,461,515 shares of the company’s stock valued at $108,824,000 after purchasing an additional 237,475 shares during the last quarter. Junto Capital Management LP purchased a new position in BellRing Brands in the 1st quarter worth $97,725,000. Finally, Nuveen LLC purchased a new position in BellRing Brands in the 1st quarter worth $71,004,000. Hedge funds and other institutional investors own 94.97% of the company’s stock.

BellRing Brands Stock Up 0.2%

Shares of BellRing Brands stock opened at $29.85 on Friday. The business has a 50 day moving average of $32.71 and a 200 day moving average of $46.20. BellRing Brands Inc. has a 52 week low of $22.45 and a 52 week high of $80.67. The company has a market cap of $3.76 billion, a PE ratio of 17.77, a P/E/G ratio of 3.91 and a beta of 0.70.

BellRing Brands (NYSE:BRBR) last issued its quarterly earnings data on Tuesday, November 18th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.03). BellRing Brands had a negative return on equity of 95.87% and a net margin of 9.33%.The company had revenue of $648.20 million during the quarter, compared to the consensus estimate of $633.21 million. During the same quarter last year, the company posted $0.51 earnings per share. The firm’s revenue for the quarter was up 16.6% compared to the same quarter last year. BellRing Brands has set its FY 2026 guidance at EPS. On average, research analysts anticipate that BellRing Brands Inc. will post 2.23 earnings per share for the current year.

BellRing Brands announced that its board has authorized a stock buyback plan on Tuesday, September 2nd that permits the company to buyback $400.00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 7.7% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Bank of America reaffirmed a “neutral” rating and set a $28.00 price objective (down from $50.00) on shares of BellRing Brands in a research note on Wednesday. TD Cowen reissued a “hold” rating and set a $31.00 price objective (down previously from $37.00) on shares of BellRing Brands in a research note on Thursday. Jefferies Financial Group restated a “buy” rating and issued a $48.00 target price on shares of BellRing Brands in a report on Wednesday. Stifel Nicolaus decreased their target price on shares of BellRing Brands from $56.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Morgan Stanley dropped their price target on shares of BellRing Brands from $43.00 to $41.00 and set an “overweight” rating for the company in a research report on Wednesday. Eleven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $43.20.

About BellRing Brands

BellRing Brands, Inc, together with its subsidiaries, provides various nutrition products in the United States. The company offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, nutrition bars, and other products primarily under the Premier Protein and Dymatize brands. It distributes its products through club, food, drug, mass, eCommerce, specialty, and convenience channels.