Tempus Wealth Planning LLC Buys New Position in BBB Foods Inc. (NYSE:TBBB)

Tempus Wealth Planning LLC bought a new stake in shares of BBB Foods Inc. (NYSE:TBBB) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 12,132 shares of the company’s stock, valued at approximately $343,000.

Several other hedge funds have also modified their holdings of TBBB. Van ECK Associates Corp raised its holdings in shares of BBB Foods by 13.6% during the 3rd quarter. Van ECK Associates Corp now owns 207,878 shares of the company’s stock valued at $6,727,000 after buying an additional 24,963 shares during the period. Verdence Capital Advisors LLC purchased a new stake in BBB Foods during the 3rd quarter worth approximately $224,000. State of New Jersey Common Pension Fund D increased its holdings in BBB Foods by 29.2% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 51,664 shares of the company’s stock worth $1,550,000 after purchasing an additional 11,663 shares during the last quarter. Quest Partners LLC purchased a new stake in BBB Foods during the 3rd quarter worth approximately $16,899,000. Finally, FMR LLC increased its holdings in BBB Foods by 23.0% during the 3rd quarter. FMR LLC now owns 2,616,770 shares of the company’s stock worth $78,503,000 after purchasing an additional 490,100 shares during the last quarter. 8.42% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

BBB Foods Stock Down 6.0 %

Shares of NYSE TBBB opened at $29.36 on Wednesday. BBB Foods Inc. has a twelve month low of $18.71 and a twelve month 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. The business has a 50 day simple moving average of $29.61 and a 200-day simple moving average of $30.18.

BBB Foods (NYSE:TBBB) last issued its quarterly earnings results on Monday, November 25th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.07. Analysts expect that BBB Foods Inc. will post 0.15 EPS for the current year.

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.