Gilder Gagnon Howe & Co. LLC Acquires 84,482 Shares of BBB Foods Inc. (NYSE:TBBB)

Gilder Gagnon Howe & Co. LLC boosted its stake in BBB Foods Inc. (NYSE:TBBB) by 3.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,853,906 shares of the company’s stock after acquiring an additional 84,482 shares during the period. Gilder Gagnon Howe & Co. LLC’s holdings in BBB Foods were worth $80,708,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. White Oak Capital Partners Pte. Ltd. purchased a new stake in shares of BBB Foods in the 4th quarter worth about $226,000. Virtu Financial LLC bought a new position in BBB Foods in the third quarter worth about $230,000. J.Safra Asset Management Corp lifted its holdings in BBB Foods by 204.7% in the fourth quarter. J.Safra Asset Management Corp now owns 10,264 shares of the company’s stock worth $293,000 after buying an additional 6,895 shares during the period. Tempus Wealth Planning LLC bought a new stake in BBB Foods during the 4th quarter valued at approximately $343,000. Finally, Hood River Capital Management LLC grew its holdings in shares of BBB Foods by 144.6% during the 4th quarter. Hood River Capital Management LLC now owns 13,176 shares of the company’s stock worth $373,000 after acquiring an additional 7,789 shares during the period. Institutional investors own 8.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on TBBB shares. Scotiabank set a $37.00 price target on BBB Foods and gave the company an “outperform” rating in a research report on Friday, April 11th. Itau BBA Securities raised BBB Foods from a “market perform” rating to an “outperform” rating and set a $36.00 price objective for the company in a research report on Monday, April 21st. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $33.67.

BBB Foods Stock Performance

Shares of NYSE:TBBB opened at $30.17 on Friday. 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 stock has a fifty day simple moving average of $26.41 and a two-hundred day simple moving average of $29.13. BBB Foods Inc. has a 12-month low of $20.32 and a 12-month high of $35.22.

BBB Foods (NYSE:TBBB) last issued its earnings results on Wednesday, April 9th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.02 by ($1.03). The business had revenue of $784.03 million for the quarter, compared to analyst estimates of $16.87 billion. As a group, equities research analysts expect that BBB Foods Inc. will post 0.15 EPS for the current fiscal year.

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.