B. Metzler seel. Sohn & Co. AG Sells 1,699 Shares of Freshpet, Inc. (NASDAQ:FRPT)

B. Metzler seel. Sohn & Co. AG trimmed its holdings in Freshpet, Inc. (NASDAQ:FRPT) by 4.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,037 shares of the company’s stock after selling 1,699 shares during the quarter. B. Metzler seel. Sohn & Co. AG owned about 0.07% of Freshpet worth $4,893,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. increased its stake in shares of Freshpet by 302.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 201 shares of the company’s stock valued at $30,000 after purchasing an additional 151 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Freshpet during the 3rd quarter valued at approximately $32,000. Jones Financial Companies Lllp raised its stake 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 buying an additional 123 shares during the last quarter. R Squared Ltd bought a new stake in Freshpet in the fourth quarter worth $39,000. Finally, IFP Advisors Inc purchased a new stake in shares of Freshpet in the fourth quarter worth $43,000.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Stifel Nicolaus lowered their price target on Freshpet from $155.00 to $135.00 and set a “buy” rating for the company in a research report on Monday, March 10th. Citigroup dropped their target price on shares of Freshpet from $155.00 to $142.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 12th. JPMorgan Chase & Co. cut their price target on shares of Freshpet from $154.00 to $102.00 and set an “overweight” rating on the stock in a report on Monday, March 10th. Piper Sandler decreased their price objective on shares of Freshpet from $160.00 to $145.00 and set an “overweight” rating for the company in a report on Tuesday, March 25th. Finally, Jefferies Financial Group upgraded Freshpet from a “hold” rating to a “buy” rating and cut their target price for the company from $155.00 to $150.00 in a research note on Monday, February 24th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $148.67.

Freshpet Stock Down 1.4 %

Shares of FRPT stock opened at $83.17 on Tuesday. The company has a 50 day simple moving average of $116.69 and a two-hundred day simple moving average of $135.35. The stock has a market cap of $4.05 billion, a P/E ratio of 88.48 and a beta of 1.58. Freshpet, Inc. has a 12 month low of $80.27 and a 12 month high of $164.07. The company has a current ratio of 4.72, a quick ratio of 3.91 and a debt-to-equity ratio of 0.41.

Freshpet (NASDAQ:FRPT) last announced its earnings results on Thursday, February 20th. The company reported $0.36 EPS for the quarter, hitting analysts’ consensus estimates of $0.36. Freshpet had a return on equity of 3.92% and a net margin of 4.81%. The company had revenue of $262.71 million for the quarter, compared to analysts’ expectations of $275.46 million. On average, research analysts expect that Freshpet, Inc. will post 1.55 earnings per share for the current 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.