2,579 Shares in Freshpet, Inc. (NASDAQ:FRPT) Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd acquired a new stake in shares of Freshpet, Inc. (NASDAQ:FRPT) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 2,579 shares of the company’s stock, valued at approximately $334,000.

Several other institutional investors and hedge funds have also bought and sold shares of FRPT. ORG Partners LLC acquired a new position in shares of Freshpet in the 2nd quarter valued at $32,000. GAMMA Investing LLC boosted its position in shares of Freshpet by 100.8% during the 1st quarter. GAMMA Investing LLC now owns 263 shares of the company’s stock valued at $30,000 after acquiring an additional 132 shares during the last quarter. Johnson Financial Group Inc. acquired a new position in shares of Freshpet during the 4th quarter valued at about $29,000. Whittier Trust Co. acquired a new position in shares of Freshpet during the 1st quarter valued at about $41,000. Finally, Quarry LP acquired a new position in Freshpet in the fourth quarter valued at about $40,000.

Analysts Set New Price Targets

FRPT has been the topic of several research reports. Benchmark reissued a “buy” rating and set a $150.00 price target on shares of Freshpet in a research report on Wednesday, August 7th. Wells Fargo & Company increased their price target on shares of Freshpet from $140.00 to $145.00 and gave the company an “overweight” rating in a research note on Wednesday, July 10th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Freshpet in a research note on Thursday, May 23rd. They issued a “buy” rating and a $150.00 price target on the stock. Citigroup increased their price target on shares of Freshpet from $124.00 to $129.00 and gave the company a “neutral” rating in a research note on Wednesday, July 17th. Finally, Robert W. Baird raised their target price on shares of Freshpet from $140.00 to $157.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 3rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $142.87.

Insider Buying and Selling at Freshpet

In other Freshpet news, EVP Stephen Macchiaverna sold 2,178 shares of Freshpet stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $140.01, for a total value of $304,941.78. Following the completion of the sale, the executive vice president now owns 86,039 shares in the company, valued at approximately $12,046,320.39. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.60% of the stock is owned by company insiders.

Freshpet Trading Up 1.9 %

Shares of FRPT stock opened at $140.92 on Thursday. Freshpet, Inc. has a fifty-two week low of $54.60 and a fifty-two week high of $143.98. The stock has a market cap of $6.82 billion, a P/E ratio of 782.89 and a beta of 1.39. The business has a fifty day simple moving average of $129.81 and a 200-day simple moving average of $123.14. The company has a quick ratio of 3.69, a current ratio of 4.50 and a debt-to-equity ratio of 0.42.

Freshpet (NASDAQ:FRPT) last posted its quarterly earnings data on Monday, August 5th. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.06. The firm had revenue of $235.30 million during the quarter, compared to analysts’ expectations of $230.99 million. Freshpet had a return on equity of 1.78% and a net margin of 2.86%. The firm’s quarterly revenue was up 28.4% compared to the same quarter last year. During the same quarter last year, the business posted ($0.35) EPS. On average, analysts forecast that Freshpet, Inc. will post 0.72 earnings per share for the current fiscal year.

About Freshpet

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.