Savant Capital LLC Purchases New Holdings in BellRing Brands, Inc. (NYSE:BRBR)

Savant Capital LLC acquired a new stake in BellRing Brands, Inc. (NYSE:BRBR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 29,298 shares of the company's stock, valued at approximately $2,207,000.

Several other large investors also recently bought and sold shares of the company. V Square Quantitative Management LLC purchased a new position in shares of BellRing Brands during the 3rd quarter valued at approximately $31,000. Farther Finance Advisors LLC boosted its stake in shares of BellRing Brands by 243.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 669 shares of the company's stock valued at $41,000 after buying an additional 474 shares during the last quarter. UMB Bank n.a. boosted its stake in shares of BellRing Brands by 69.4% during the 4th quarter. UMB Bank n.a. now owns 571 shares of the company's stock valued at $43,000 after buying an additional 234 shares during the last quarter. Truvestments Capital LLC purchased a new position in shares of BellRing Brands during the 3rd quarter valued at approximately $44,000. Finally, E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of BellRing Brands during the 4th quarter valued at approximately $52,000. Institutional investors and hedge funds own 94.97% of the company's stock.

Wall Street Analysts Forecast Growth

BRBR has been the topic of several research analyst reports. Truist Financial raised their price objective on BellRing Brands from $60.00 to $75.00 and gave the stock a "hold" rating in a research note on Wednesday, November 20th. Stephens reiterated an "equal weight" rating and issued a $75.00 target price on shares of BellRing Brands in a research note on Tuesday, February 4th. TD Cowen raised their price target on BellRing Brands from $83.00 to $86.00 and gave the company a "buy" rating in a report on Wednesday, January 8th. DA Davidson reaffirmed a "neutral" rating and set a $75.00 target price on shares of BellRing Brands in a report on Tuesday, November 19th. Finally, Mizuho lifted their target price on BellRing Brands from $80.00 to $85.00 and gave the stock an "outperform" rating in a report on Thursday, February 6th. Three investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $77.87.

BellRing Brands Trading Down 1.3 %

NYSE BRBR traded down $1.00 during trading on Friday, reaching $76.55. 948,045 shares of the company's stock were exchanged, compared to its average volume of 1,229,046. BellRing Brands, Inc. has a fifty-two week low of $48.06 and a fifty-two week high of $80.67. The firm has a market capitalization of $9.86 billion, a PE ratio of 35.94, a P/E/G ratio of 2.34 and a beta of 0.86. The company's fifty day simple moving average is $75.79 and its 200-day simple moving average is $67.61.

BellRing Brands (NYSE:BRBR - Get Free Report) last announced its quarterly earnings data on Monday, February 3rd. The company reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.11. BellRing Brands had a negative return on equity of 130.14% and a net margin of 13.32%. Equities analysts forecast that BellRing Brands, Inc. will post 2.23 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Robert V. Vitale sold 5,100 shares of BellRing Brands stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $75.30, for a total transaction of $384,030.00. Following the completion of the sale, the director now directly owns 1,166,691 shares in the company, valued at $87,851,832.30. The trade was a 0.44 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.07% of the company's stock.

About BellRing Brands

BellRing Brands, Inc, together with its subsidiaries, provides various nutrition products in the United States. The company offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, nutrition bars, and other products primarily under the Premier Protein and Dymatize brands. It distributes its products through club, food, drug, mass, eCommerce, specialty, and convenience channels.