Capital International Sarl Has $3.31 Million Stock Position in BBB Foods Inc. (NYSE:TBBB)

Capital International Sarl trimmed its holdings in shares of BBB Foods Inc. (NYSE:TBBB - Free Report) by 17.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 116,907 shares of the company's stock after selling 24,598 shares during the period. Capital International Sarl owned 0.10% of BBB Foods worth $3,306,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Virtu Financial LLC acquired a new stake in shares of BBB Foods during the third quarter worth approximately $230,000. JPMorgan Chase & Co. increased its position in shares of BBB Foods by 0.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,274,625 shares of the company's stock worth $38,239,000 after purchasing an additional 7,014 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of BBB Foods in the 4th quarter valued at about $375,000. Zweig DiMenna Associates LLC lifted its position in shares of BBB Foods by 4.9% during the fourth quarter. Zweig DiMenna Associates LLC now owns 396,641 shares of the company's stock worth $11,217,000 after purchasing an additional 18,541 shares during the last quarter. Finally, Tempus Wealth Planning LLC acquired a new position in BBB Foods in the fourth quarter worth about $343,000. 8.42% of the stock is owned by hedge funds and other institutional investors.

BBB Foods Stock Performance

BBB Foods stock traded up $0.71 during mid-day trading on Thursday, hitting $29.59. 211,353 shares of the company's stock were exchanged, compared to its average volume of 961,240. BBB Foods Inc. has a 1-year low of $19.99 and a 1-year high of $35.22. The stock has a 50 day moving average of $26.33 and a two-hundred day moving average of $29.14. The company has a current ratio of 0.79, a quick ratio of 0.54 and a debt-to-equity ratio of 1.72.

BBB Foods (NYSE:TBBB - Get Free Report) last released its earnings results on Wednesday, April 9th. The company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $1.02 by ($1.03). The business had revenue of $784.03 million for the quarter, compared to analysts' expectations of $16.87 billion. On average, equities analysts expect that BBB Foods Inc. will post 0.15 EPS for the current year.

Wall Street Analysts Forecast Growth

TBBB has been the topic of a number of research analyst reports. Itau BBA Securities raised BBB Foods from a "market perform" rating to an "outperform" rating and set a $36.00 target price on the stock in a report on Monday. Scotiabank set a $37.00 price target on shares of BBB Foods and gave the stock an "outperform" rating in a research report on Friday, April 11th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, BBB Foods has a consensus rating of "Moderate Buy" and an average target price of $33.67.

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.