Atika Capital Management LLC Raises Stake in BBB Foods Inc. (NYSE:TBBB)

Atika Capital Management LLC boosted its position in BBB Foods Inc. (NYSE:TBBB - Free Report) by 21.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 220,700 shares of the company's stock after buying an additional 38,700 shares during the period. Atika Capital Management LLC owned approximately 0.20% of BBB Foods worth $6,241,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in TBBB. William Blair Investment Management LLC raised its position in shares of BBB Foods by 8.8% during the fourth quarter. William Blair Investment Management LLC now owns 2,118,138 shares of the company's stock worth $59,901,000 after purchasing an additional 170,811 shares during the period. JPMorgan Chase & Co. grew its position in BBB Foods by 0.6% during the third quarter. JPMorgan Chase & Co. now owns 1,274,625 shares of the company's stock worth $38,239,000 after buying an additional 7,014 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of BBB Foods in the 3rd quarter worth $24,694,000. Zweig DiMenna Associates LLC lifted its holdings in shares of BBB Foods by 4.9% in the 4th quarter. Zweig DiMenna Associates LLC now owns 396,641 shares of the company's stock worth $11,217,000 after acquiring an additional 18,541 shares during the last quarter. Finally, Barings LLC increased its stake in BBB Foods by 375.0% in the 4th quarter. Barings LLC now owns 37,959 shares of the company's stock worth $1,073,000 after purchasing an additional 29,968 shares during the period. Institutional investors and hedge funds own 8.42% of the company's stock.

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Wall Street Analysts Forecast Growth

Separately, Itau BBA Securities started coverage on shares of BBB Foods in a report on Wednesday, January 22nd. They issued a "market perform" rating and a $32.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, BBB Foods presently has a consensus rating of "Hold" and an average target price of $32.83.

BBB Foods Stock Performance

Shares of NYSE:TBBB traded up $0.32 on Friday, hitting $26.97. 153,550 shares of the company's stock were exchanged, compared to its average volume of 839,072. The company has a quick ratio of 0.54, a current ratio of 0.79 and a debt-to-equity ratio of 1.72. The business's 50 day simple moving average is $26.51 and its two-hundred day simple moving average is $29.33. BBB Foods Inc. has a 12 month low of $19.31 and a 12 month high of $35.22.

BBB Foods (NYSE:TBBB - Get Free Report) last posted its quarterly earnings data on Wednesday, April 9th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $1.02 by ($1.03). The company had revenue of $784.03 million for the quarter, compared to analysts' expectations of $16.87 billion. Research analysts anticipate that BBB Foods Inc. will post 0.15 earnings per share for the current fiscal year.

BBB Foods 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.