Gilder Gagnon Howe & Co. LLC Buys 84,482 Shares of BBB Foods Inc. (NYSE:TBBB)

Gilder Gagnon Howe & Co. LLC boosted its stake in BBB Foods Inc. (NYSE:TBBB - Free Report) by 3.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,853,906 shares of the company's stock after purchasing an additional 84,482 shares during the period. Gilder Gagnon Howe & Co. LLC owned approximately 2.54% of BBB Foods worth $80,708,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. 12 West Capital Management LP purchased a new stake in BBB Foods during the fourth quarter valued at $48,544,000. Capital Research Global Investors increased its position in shares of BBB Foods by 37.3% during the 4th quarter. Capital Research Global Investors now owns 5,330,214 shares of the company's stock valued at $150,738,000 after purchasing an additional 1,448,093 shares during the last quarter. FMR LLC lifted its stake in shares of BBB Foods by 33.6% in the 4th quarter. FMR LLC now owns 3,494,773 shares of the company's stock worth $98,832,000 after purchasing an additional 878,003 shares during the period. William Blair Investment Management LLC boosted its holdings in shares of BBB Foods by 8.8% in the fourth quarter. William Blair Investment Management LLC now owns 2,118,138 shares of the company's stock worth $59,901,000 after buying an additional 170,811 shares during the last quarter. Finally, Grandeur Peak Global Advisors LLC increased its holdings in BBB Foods by 10.2% during the fourth quarter. Grandeur Peak Global Advisors LLC now owns 1,412,891 shares of the company's stock valued at $39,957,000 after buying an additional 130,373 shares during the last quarter. 8.42% of the stock is currently owned by hedge funds and other institutional investors.

BBB Foods Price Performance

TBBB traded down $0.11 during trading on Thursday, hitting $30.45. 128,433 shares of the company traded hands, compared to its average volume of 817,442. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.54 and a current ratio of 0.79. The stock's 50-day simple moving average is $26.53 and its two-hundred day simple moving average is $29.09. BBB Foods Inc. has a 1 year low of $21.39 and a 1 year high of $35.22.

BBB Foods (NYSE:TBBB - Get Free Report) last issued its quarterly earnings data on Wednesday, April 9th. The company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $1.02 by ($1.03). The firm had revenue of $784.03 million during the quarter, compared to analysts' expectations of $16.87 billion. On average, sell-side analysts expect that BBB Foods Inc. will post 0.15 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Scotiabank set a $37.00 price target on shares of BBB Foods and gave the stock an "outperform" rating in a research note on Friday, April 11th. Itau BBA Securities upgraded shares of BBB Foods from a "market perform" rating to an "outperform" rating and set a $36.00 price objective on the stock in a research report on Monday, April 21st. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, BBB Foods currently has an average rating of "Moderate Buy" and a consensus price target of $33.67.

BBB Foods Company 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.