Jupiter Topco LLC Acquires Shares of 462,282 Once Upon A Farm $OFRM

Jupiter Topco LLC acquired a new position in Once Upon A Farm (NYSE:OFRM) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 462,282 shares of the organic kids food company’s stock, valued at approximately $9,468,000.

A number of other institutional investors have also recently bought and sold shares of OFRM. Bank of New York Mellon Corp acquired a new stake in shares of Once Upon A Farm during the second quarter worth $781,000. Lisanti Capital Growth LLC bought a new stake in Once Upon A Farm during the 2nd quarter worth approximately $1,665,000. Deutsche Bank AG increased its position in shares of Once Upon A Farm by 3.0% during the second quarter. Deutsche Bank AG now owns 102,990 shares of the organic kids food company’s stock worth $2,109,000 after acquiring an additional 2,990 shares in the last quarter. Nicholas Investment Partners LP raised its stake in shares of Once Upon A Farm by 271.9% in the 2nd quarter. Nicholas Investment Partners LP now owns 784,166 shares of the organic kids food company’s stock valued at $16,060,000 after purchasing an additional 573,285 shares during the period. Finally, BlackRock Inc. raised its position in Once Upon A Farm by 225.9% in the 2nd quarter. BlackRock Inc. now owns 859,180 shares of the organic kids food company’s stock valued at $17,596,000 after buying an additional 595,571 shares during the last quarter.

Analyst Upgrades and Downgrades

OFRM has been the topic of several recent research reports. Weiss Ratings upgraded shares of Once Upon A Farm from a “sell (e-)” rating to a “sell (e)” rating in a research note on Wednesday, August 12th. Wall Street Zen downgraded Once Upon A Farm from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Evercore set a $23.00 price objective on Once Upon A Farm in a report on Friday, May 8th. Barclays upped their price target on shares of Once Upon A Farm from $18.00 to $19.00 and gave the company an “equal weight” rating in a research note on Monday, August 10th. Finally, JPMorgan Chase & Co. increased their price target on Once Upon A Farm from $22.00 to $26.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $25.88.

Once Upon A Farm Stock Up 0.6%

Shares of Once Upon A Farm stock opened at $17.27 on Monday. The stock has a market cap of $725.17 million and a price-to-earnings ratio of -47.97. Once Upon A Farm has a twelve month low of $14.00 and a twelve month high of $27.00. The company’s fifty day moving average is $17.93 and its 200 day moving average is $17.83.

Once Upon A Farm (NYSE:OFRM) last released its quarterly earnings results on Thursday, August 6th. The organic kids food company reported ($0.12) EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.06. The company had revenue of $85.39 million during the quarter. As a group, equities analysts anticipate that Once Upon A Farm will post -0.22 earnings per share for the current fiscal year.

Once Upon A Farm Company Profile

Once Upon A Farm (NYSE: OFRM) is a U.S.-based producer of refrigerated organic foods for infants, toddlers and young children. The company’s product lineup emphasizes cold-pressed, organic purees, blends and smoothies formulated for early childhood nutrition. Its offerings are positioned around whole-food ingredients, limited processing and claims of no artificial preservatives or added sugars, with packaging designed for convenience and on-the-go feeding.

Once Upon A Farm distributes its products through a combination of retail and direct-to-consumer channels, serving customers primarily across the United States.