Gilder Gagnon Howe & Co. LLC Increases Stake in BBB Foods Inc. (NYSE:TBBB)

Gilder Gagnon Howe & Co. LLC boosted its holdings in BBB Foods Inc. (NYSE:TBBB - Free Report) by 3.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,853,906 shares of the company's stock after purchasing an additional 84,482 shares during the quarter. Gilder Gagnon Howe & Co. LLC owned about 2.54% of BBB Foods worth $80,708,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. White Oak Capital Partners Pte. Ltd. purchased a new stake in BBB Foods during the fourth quarter valued at approximately $226,000. Virtu Financial LLC purchased a new stake in shares of BBB Foods in the third quarter worth about $230,000. J.Safra Asset Management Corp increased its stake in BBB Foods by 204.7% during the fourth quarter. J.Safra Asset Management Corp now owns 10,264 shares of the company's stock worth $293,000 after acquiring an additional 6,895 shares during the last quarter. Tempus Wealth Planning LLC bought a new position in shares of BBB Foods during the fourth quarter valued at approximately $343,000. Finally, Hood River Capital Management LLC grew its stake in BBB Foods by 144.6% in the fourth quarter. Hood River Capital Management LLC now owns 13,176 shares of the company's stock worth $373,000 after purchasing an additional 7,789 shares in the last quarter. Institutional investors own 8.42% of the company's stock.

BBB Foods Stock Up 0.0 %

NYSE:TBBB traded up $0.01 during trading hours on Tuesday, hitting $30.27. The company had a trading volume of 578,930 shares, compared to its average volume of 824,031. 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 company has a 50-day moving average of $26.45 and a 200 day moving average of $29.08. BBB Foods Inc. has a 1 year low of $21.39 and a 1 year high of $35.22.

BBB Foods (NYSE:TBBB - Get Free Report) last released its quarterly 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 firm had revenue of $784.03 million during the quarter, compared to analyst estimates of $16.87 billion. On average, analysts expect that BBB Foods Inc. will post 0.15 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have recently commented on the company. Itau BBA Securities upgraded BBB Foods from a "market perform" rating to an "outperform" rating and set a $36.00 price objective for the company in a report on Monday, April 21st. Scotiabank set a $37.00 target price on BBB Foods and gave the company 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $33.67.

BBB Foods Company 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.