Capital International Inc. CA Buys 12,962 Shares of BBB Foods Inc. $TBBB

Capital International Inc. CA grew its holdings in shares of BBB Foods Inc. (NYSE:TBBB) by 1.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,022,314 shares of the company’s stock after acquiring an additional 12,962 shares during the period. Capital International Inc. CA owned about 0.90% of BBB Foods worth $34,135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of TBBB. Wasatch Advisors LP grew its position in shares of BBB Foods by 314.6% during the 2nd quarter. Wasatch Advisors LP now owns 2,192,012 shares of the company’s stock valued at $60,850,000 after acquiring an additional 1,663,338 shares during the period. 12 West Capital Management LP grew its position in shares of BBB Foods by 39.8% during the 3rd quarter. 12 West Capital Management LP now owns 3,382,770 shares of the company’s stock valued at $91,199,000 after acquiring an additional 963,712 shares during the period. Duquesne Family Office LLC grew its position in shares of BBB Foods by 228.1% during the 3rd quarter. Duquesne Family Office LLC now owns 1,183,125 shares of the company’s stock valued at $31,897,000 after acquiring an additional 822,575 shares during the period. Bronte Capital Management Pty Ltd. bought a new stake in shares of BBB Foods during the 4th quarter valued at $13,161,000. Finally, Bank of America Corp DE grew its position in shares of BBB Foods by 153.5% during the 2nd quarter. Bank of America Corp DE now owns 599,626 shares of the company’s stock valued at $16,646,000 after acquiring an additional 363,079 shares during the period. Institutional investors own 8.42% of the company’s stock.

BBB Foods Stock Performance

Shares of NYSE:TBBB opened at $39.24 on Friday. The company has a market capitalization of $4.58 billion, a price-to-earnings ratio of -25.31 and a beta of 0.03. BBB Foods Inc. has a 12 month low of $23.81 and a 12 month high of $40.09. The firm’s 50-day moving average is $36.75 and its 200 day moving average is $35.11. The company has a current ratio of 0.60, a quick ratio of 0.35 and a debt-to-equity ratio of 2.76.

BBB Foods (NYSE:TBBB) last issued its quarterly earnings results on Wednesday, May 6th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.24) by ($0.03). The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.27 billion. BBB Foods had a negative net margin of 3.95% and a negative return on equity of 79.86%. Research analysts predict that BBB Foods Inc. will post -0.61 EPS for the current year.

Wall Street Analyst Weigh In

TBBB has been the subject of a number of recent research reports. Weiss Ratings reissued a “sell (d+)” rating on shares of BBB Foods in a research report on Friday, March 27th. Wells Fargo & Company set a $42.00 price objective on shares of BBB Foods in a research report on Friday, March 13th. Itau BBA Securities raised shares of BBB Foods from a “market perform” rating to an “outperform” rating and set a $42.00 price objective for the company in a research report on Friday, March 13th. Wall Street Zen raised shares of BBB Foods from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Finally, JPMorgan Chase & Co. boosted their price target on shares of BBB Foods from $44.00 to $46.00 and gave the stock an “overweight” rating in a research note on Monday, April 20th. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $43.14.

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. The company also provides branded, private label, and spot products. It serves low-to-middle income households through online channels.