2 weeks Ago By ABMN Staff
Envestnet Asset Management Inc. grew its stake in Freshpet, Inc. ( NASDAQ:FRPT – Free Report ) by 143.
8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 173,310 shares of the company’s stock after buying an additional 102,232 shares during the quarter.
Envestnet Asset Management Inc.’s holdings in Freshpet were worth $25,669,000 as of its most recent SEC filing. Other large investors also recently made changes to their positions in the company.
Geneos Wealth Management Inc. raised its stake in shares of Freshpet by 302.0% in the 4th quarter.
Geneos Wealth Management Inc. now owns 201 shares of the company’s stock valued at $30,000 after acquiring an additional 151 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in Freshpet by 130.
9% during the fourth quarter. Jones Financial Companies Lllp now owns 217 shares of the company’s stock valued at $32,000 after purchasing an additional 123 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Freshpet in the third quarter valued at approximately $32,000.
R Squared Ltd acquired a new stake in shares of Freshpet in the fourth quarter worth $39,000. Finally, IFP Advisors Inc bought a new stake in shares of Freshpet during the 4th quarter worth $43,000. Freshpet Trading Up 2.
6 % Shares of FRPT stock opened at $80.19 on Monday. The company has a debt-to-equity ratio of 0.
41, a quick ratio of 3.91 and a current ratio of 4.72.
The firm has a fifty day moving average of $99.37 and a 200-day moving average of $130.79.
Freshpet, Inc. has a 52-week low of $72.90 and a 52-week high of $164.
07. The stock has a market cap of $3.91 billion, a price-to-earnings ratio of 85.
31 and a beta of 1.80. Wall Street Analyst Weigh In Several research analysts recently commented on the stock.
Wells Fargo & Company dropped their target price on shares of Freshpet from $142.00 to $110.00 and set an “overweight” rating on the stock in a report on Wednesday, April 2nd.
Stifel Nicolaus dropped their price objective on Freshpet from $135.00 to $115.00 and set a “buy” rating on the stock in a research note on Thursday.
Oppenheimer downgraded Freshpet from an “outperform” rating to a “market perform” rating in a research note on Tuesday, March 11th. Citigroup dropped their price target on Freshpet from $155.00 to $142.
00 and set a “neutral” rating on the stock in a research report on Wednesday, February 12th. Finally, Jefferies Financial Group raised Freshpet from a “hold” rating to a “buy” rating and reduced their price objective for the company from $155.00 to $150.
00 in a research report on Monday, February 24th. One analyst has rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.
com, the stock currently has an average rating of “Moderate Buy” and an average price target of $144.47. Check Out Our Latest Stock Analysis on FRPT Freshpet Profile ( Free Report ) Freshpet, Inc, together with its subsidiaries, manufactures, distributes, and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and Europe.
It sells dog food, cat food, and dog treats under the Freshpet brand name; and Dognation and Dog Joy labels through various classes of retail, including grocery, mass, club, pet specialty, and natural, as well as online. See Also Want to see what other hedge funds are holding FRPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Freshpet, Inc.
( NASDAQ:FRPT – Free Report ). Receive News & Ratings for Freshpet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Freshpet and related companies with MarketBeat.com's FREE daily email newsletter .
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