Vista Finance LLC Buys Shares of 3,777 BellRing Brands, Inc. (NYSE:BRBR)

Vista Finance LLC acquired a new position in BellRing Brands, Inc. (NYSE:BRBR - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,777 shares of the company's stock, valued at approximately $285,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. V Square Quantitative Management LLC bought a new position in BellRing Brands in the 3rd quarter worth approximately $31,000. UMB Bank n.a. boosted its holdings in BellRing Brands by 69.4% in the 4th quarter. UMB Bank n.a. now owns 571 shares of the company's stock worth $43,000 after buying an additional 234 shares during the period. Farther Finance Advisors LLC boosted its holdings in BellRing Brands by 243.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 669 shares of the company's stock worth $41,000 after buying an additional 474 shares during the period. E Fund Management Hong Kong Co. Ltd. bought a new position in BellRing Brands in the 4th quarter worth approximately $52,000. Finally, Truvestments Capital LLC bought a new position in BellRing Brands in the 3rd quarter worth approximately $44,000. 94.97% of the stock is owned by institutional investors.

Insider Buying and Selling at BellRing Brands

In related news, Director Robert V. Vitale sold 28,453 shares of the business's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $76.91, for a total transaction of $2,188,320.23. Following the transaction, the director now owns 1,110,004 shares in the company, valued at $85,370,407.64. The trade was a 2.50 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last quarter, insiders have sold 156,870 shares of company stock worth $12,087,294. 1.07% of the stock is currently owned by company insiders.

BellRing Brands Trading Down 0.0 %

Shares of BRBR stock traded down $0.02 during mid-day trading on Wednesday, reaching $77.38. The stock had a trading volume of 759,483 shares, compared to its average volume of 1,135,124. The stock's 50-day moving average price is $75.79 and its two-hundred day moving average price is $68.09. BellRing Brands, Inc. has a 52-week low of $48.06 and a 52-week high of $80.67. The firm has a market capitalization of $9.93 billion, a PE ratio of 36.33, a price-to-earnings-growth ratio of 2.32 and a beta of 0.86.

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

Analyst Upgrades and Downgrades

Several brokerages have commented on BRBR. Bank of America raised their price target on shares of BellRing Brands from $75.00 to $82.00 and gave the company a "buy" rating in a report on Wednesday, November 20th. Mizuho raised their price target on shares of BellRing Brands from $80.00 to $85.00 and gave the company an "outperform" rating in a report on Thursday, February 6th. DA Davidson reissued a "neutral" rating and issued a $75.00 price target on shares of BellRing Brands in a report on Tuesday, November 19th. TD Cowen raised their price target on shares of BellRing Brands from $83.00 to $86.00 and gave the company a "buy" rating in a report on Wednesday, January 8th. Finally, Stephens reissued an "equal weight" rating and issued a $75.00 price target on shares of BellRing Brands in a report on Tuesday, February 4th. Three research 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 stock presently has an average rating of "Moderate Buy" and an average price target of $77.87.

BellRing Brands Profile

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.