Capital International Inc. CA Sells 60,945 Shares of BBB Foods Inc. (NYSE:TBBB)

Capital International Inc. CA cut its stake in BBB Foods Inc. (NYSE:TBBB - Free Report) by 4.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,273,691 shares of the company's stock after selling 60,945 shares during the period. Capital International Inc. CA owned approximately 1.14% of BBB Foods worth $36,020,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Virtu Financial LLC bought a new position in BBB Foods during the 3rd quarter valued at $230,000. JPMorgan Chase & Co. boosted its stake in BBB Foods by 0.6% during the third quarter. JPMorgan Chase & Co. now owns 1,274,625 shares of the company's stock valued at $38,239,000 after buying an additional 7,014 shares in the last quarter. SG Americas Securities LLC bought a new position in BBB Foods during the fourth quarter valued at about $375,000. Zweig DiMenna Associates LLC grew its holdings in 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 acquiring an additional 18,541 shares during the period. Finally, Tempus Wealth Planning LLC bought a new stake in BBB Foods in the fourth quarter worth about $343,000. Institutional investors and hedge funds own 8.42% of the company's stock.

BBB Foods Stock Performance

NYSE TBBB traded up $0.91 during trading on Thursday, reaching $29.79. 251,704 shares of the company's stock were exchanged, compared to its average volume of 833,740. 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 company's fifty day simple moving average is $26.33 and its 200-day simple moving average is $29.14. BBB Foods Inc. has a fifty-two week low of $19.99 and a fifty-two week high of $35.22.

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

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Itau BBA Securities raised shares of BBB Foods from a "market perform" rating to an "outperform" rating and set a $36.00 price objective on the stock in a research note 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 analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, BBB Foods has an average rating of "Moderate Buy" and an average price target of $33.67.

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.