SG Americas Securities LLC Purchases New Shares in BBB Foods Inc. (NYSE:TBBB)

SG Americas Securities LLC purchased a new stake in BBB Foods Inc. (NYSE:TBBB) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 13,276 shares of the company’s stock, valued at approximately $375,000.

Several other institutional investors also recently bought and sold shares of the company. Verdence Capital Advisors LLC purchased a new position in shares of BBB Foods in the 3rd quarter valued at about $224,000. Virtu Financial LLC acquired a new stake in shares of BBB Foods during the 3rd quarter worth about $230,000. XTX Topco Ltd boosted its stake in shares of BBB Foods by 95.9% during the 3rd quarter. XTX Topco Ltd now owns 23,756 shares of the company’s stock worth $713,000 after purchasing an additional 11,632 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of BBB Foods during the 3rd quarter worth about $827,000. Finally, State of New Jersey Common Pension Fund D boosted its position in shares of BBB Foods by 29.2% in the third quarter. State of New Jersey Common Pension Fund D now owns 51,664 shares of the company’s stock worth $1,550,000 after acquiring an additional 11,663 shares during the last quarter. 8.42% of the stock is owned by institutional investors and hedge funds.

BBB Foods Stock Performance

TBBB opened at $31.22 on Tuesday. The firm’s 50 day moving average is $29.68 and its 200-day moving average is $30.12. 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) last issued its quarterly earnings results on Monday, November 25th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.07. On average, equities research analysts predict that BBB Foods Inc. will post 0.15 earnings per share for the current year.

Analyst Ratings Changes

Separately, Itau BBA Securities began coverage on shares of BBB Foods in a research report on Wednesday, January 22nd. They issued a “market perform” rating and a $32.00 target price on the stock. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $30.75.

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.