BBB Foods Inc. (NYSE:TBBB) Shares Sold by Amundi

Amundi trimmed its holdings in BBB Foods Inc. (NYSE:TBBB - Free Report) by 44.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 41,815 shares of the company's stock after selling 33,891 shares during the period. Amundi's holdings in BBB Foods were worth $1,259,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in TBBB. State of New Jersey Common Pension Fund D raised its holdings in shares of BBB Foods by 29.2% in the third quarter. State of New Jersey Common Pension Fund D now owns 51,664 shares of the company's stock valued at $1,550,000 after buying an additional 11,663 shares during the last quarter. FMR LLC raised its holdings in shares of BBB Foods by 23.0% in the third quarter. FMR LLC now owns 2,616,770 shares of the company's stock valued at $78,503,000 after buying an additional 490,100 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of BBB Foods in the third quarter valued at about $827,000. BNP Paribas Financial Markets increased its stake in shares of BBB Foods by 196.1% during the third quarter. BNP Paribas Financial Markets now owns 219,045 shares of the company's stock worth $6,571,000 after acquiring an additional 145,056 shares during the period. Finally, XTX Topco Ltd increased its stake in shares of BBB Foods by 95.9% during the third quarter. XTX Topco Ltd now owns 23,756 shares of the company's stock worth $713,000 after acquiring an additional 11,632 shares during the period. 8.42% of the stock is owned by hedge funds and other institutional investors.

BBB Foods Stock Up 0.6 %

TBBB traded up $0.15 on Friday, hitting $25.80. 289,530 shares of the company were exchanged, compared to its average volume of 624,801. The company has a current ratio of 0.79, a quick ratio of 0.54 and a debt-to-equity ratio of 1.72. The business's fifty day moving average is $27.78 and its 200 day moving average is $29.76. BBB Foods Inc. has a fifty-two week low of $19.31 and a fifty-two week high of $35.22.

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Wall Street Analysts Forecast Growth

Separately, Itau BBA Securities started coverage on shares of BBB Foods in a research note on Wednesday, January 22nd. They set a "market perform" rating and a $32.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $32.00.

About BBB Foods

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.