Vista Finance LLC Buys Shares of 3,777 BellRing Brands, Inc. (NYSE:BRBR)

Vista Finance LLC purchased a new stake in BellRing Brands, Inc. (NYSE:BRBR) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 3,777 shares of the company’s stock, valued at approximately $285,000.

A number of other institutional investors and hedge funds have also made changes to their positions in BRBR. V Square Quantitative Management LLC purchased a new stake in shares of BellRing Brands during the third quarter worth approximately $31,000. UMB Bank n.a. lifted its position in shares of BellRing Brands by 69.4% during the 4th quarter. UMB Bank n.a. now owns 571 shares of the company’s stock worth $43,000 after purchasing an additional 234 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of BellRing Brands by 243.1% during the third quarter. Farther Finance Advisors LLC now owns 669 shares of the company’s stock worth $41,000 after purchasing an additional 474 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new position in BellRing Brands in the fourth quarter valued at $52,000. Finally, Truvestments Capital LLC acquired a new stake in BellRing Brands in the third quarter valued at $44,000. 94.97% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other BellRing Brands news, Director Robert V. Vitale sold 5,100 shares of BellRing Brands stock in a transaction on Monday, February 10th. The shares were sold at an average price of $75.30, for a total value of $384,030.00. Following the transaction, the director now owns 1,166,691 shares in the company, valued at $87,851,832.30. This trade represents a 0.44 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.07% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Stifel Nicolaus boosted their price objective on shares of BellRing Brands from $67.00 to $81.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Jefferies Financial Group raised their price objective on BellRing Brands from $61.00 to $84.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. DA Davidson reaffirmed a “neutral” rating and issued a $75.00 target price on shares of BellRing Brands in a report on Tuesday, November 19th. Deutsche Bank Aktiengesellschaft increased their price target on shares of BellRing Brands from $73.00 to $77.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Finally, Mizuho boosted their price target on BellRing Brands from $80.00 to $85.00 and gave the company an “outperform” rating in a research report on Thursday, February 6th. Three analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $77.87.

BellRing Brands Stock Down 1.3 %

Shares of BellRing Brands stock opened at $76.55 on Friday. The firm has a market cap of $9.86 billion, a PE ratio of 35.94, a P/E/G ratio of 2.34 and a beta of 0.86. BellRing Brands, Inc. has a fifty-two week low of $48.06 and a fifty-two week high of $80.67. The business’s fifty day moving average is $75.79 and its two-hundred day moving average is $67.49.

BellRing Brands (NYSE:BRBR) last issued its quarterly earnings results on Monday, February 3rd. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.11. BellRing Brands had a negative return on equity of 130.14% and a net margin of 13.32%. Equities research analysts anticipate that BellRing Brands, Inc. will post 2.23 EPS for the current year.

BellRing Brands Profile

BellRing Brands, Inc, together with its subsidiaries, provides various nutrition products in the United States. The company offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, nutrition bars, and other products primarily under the Premier Protein and Dymatize brands. It distributes its products through club, food, drug, mass, eCommerce, specialty, and convenience channels.