BBB Foods Inc. (NYSE:TBBB) Shares Purchased by Northwest & Ethical Investments L.P.

Northwest & Ethical Investments L.P. lifted its position in BBB Foods Inc. (NYSE:TBBB) by 33.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,574 shares of the company’s stock after purchasing an additional 8,207 shares during the quarter. Northwest & Ethical Investments L.P.’s holdings in BBB Foods were worth $921,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Virtu Financial LLC acquired a new stake in BBB Foods during the 3rd quarter worth approximately $230,000. J.Safra Asset Management Corp lifted its position in BBB Foods by 204.7% during the 4th quarter. J.Safra Asset Management Corp now owns 10,264 shares of the company’s stock worth $293,000 after acquiring an additional 6,895 shares during the period. Tempus Wealth Planning LLC acquired a new stake in BBB Foods during the 4th quarter worth approximately $343,000. SG Americas Securities LLC acquired a new stake in BBB Foods during the 4th quarter worth approximately $375,000. Finally, XTX Topco Ltd lifted its position in 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 acquiring an additional 11,632 shares during the period. 8.42% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Itau BBA Securities started coverage on BBB Foods in a research note on Wednesday, January 22nd. They set a “market perform” rating and a $32.00 target price for the company. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, BBB Foods currently has an average rating of “Hold” and a consensus target price of $32.00.

BBB Foods Price Performance

Shares of TBBB stock opened at $25.80 on Friday. BBB Foods Inc. has a 12-month low of $19.31 and a 12-month high of $35.22. The stock has a 50 day simple moving average of $27.78 and a 200-day simple moving average of $29.76. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.79 and a quick ratio of 0.54.

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.