Tempus Wealth Planning LLC Acquires New Shares in BBB Foods Inc. (NYSE:TBBB)

Tempus Wealth Planning LLC purchased a new position in BBB Foods Inc. (NYSE:TBBB - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,132 shares of the company's stock, valued at approximately $343,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Verdence Capital Advisors LLC purchased a new position in BBB Foods in the 3rd quarter worth $224,000. Virtu Financial LLC purchased a new position in shares of BBB Foods in the third quarter worth about $230,000. SG Americas Securities LLC bought a new stake in shares of BBB Foods in the 4th quarter valued at about $375,000. XTX Topco Ltd boosted its holdings in BBB Foods by 95.9% during the 3rd quarter. XTX Topco Ltd now owns 23,756 shares of the company's stock valued at $713,000 after acquiring an additional 11,632 shares during the period. Finally, Quantbot Technologies LP bought a new position in BBB Foods during the 3rd quarter worth approximately $827,000. Hedge funds and other institutional investors own 8.42% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Itau BBA Securities initiated coverage on BBB Foods in a research note on Wednesday, January 22nd. They set a "market perform" rating and a $32.00 price objective for the company. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, BBB Foods has an average rating of "Hold" and a consensus target price of $30.75.

BBB Foods Stock Up 1.7 %

Shares of NYSE TBBB traded up $0.46 during mid-day trading on Friday, hitting $27.48. 3,302,473 shares of the stock traded hands, compared to its average volume of 1,143,510. The stock has a fifty day moving average price of $29.58 and a 200-day moving average price of $30.16. BBB Foods Inc. has a 52 week low of $18.71 and a 52 week high of $35.22. 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 announced its earnings results on Monday, November 25th. The company reported $0.10 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.07. As a group, research analysts forecast that BBB Foods Inc. will post 0.15 EPS for the current year.

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.