Jupiter Topco LLC Buys Shares of 462,282 Once Upon A Farm $OFRM

Jupiter Topco LLC purchased a new position in shares of Once Upon A Farm (NYSE:OFRM) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 462,282 shares of the organic kids food company’s stock, valued at approximately $9,468,000. Jupiter Topco LLC owned about 1.10% of Once Upon A Farm as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in OFRM. BlackRock Inc. lifted its position in shares of Once Upon A Farm by 225.9% in the 2nd quarter. BlackRock Inc. now owns 859,180 shares of the organic kids food company’s stock worth $17,596,000 after buying an additional 595,571 shares during the last quarter. Nicholas Investment Partners LP grew its stake in shares of Once Upon A Farm by 271.9% in the second quarter. Nicholas Investment Partners LP now owns 784,166 shares of the organic kids food company’s stock worth $16,060,000 after purchasing an additional 573,285 shares in the last quarter. Deutsche Bank AG grew its position in Once Upon A Farm by 3.0% in the 2nd quarter. Deutsche Bank AG now owns 102,990 shares of the organic kids food company’s stock valued at $2,109,000 after buying an additional 2,990 shares in the last quarter. Lisanti Capital Growth LLC acquired a new position in shares of Once Upon A Farm during the second quarter valued at approximately $1,665,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Once Upon A Farm in the 2nd quarter worth $781,000.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Weiss Ratings raised shares of Once Upon A Farm from a “sell (e-)” rating to a “sell (e)” rating in a research note on Wednesday, August 12th. JPMorgan Chase & Co. raised their price objective on Once Upon A Farm from $22.00 to $26.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Wall Street Zen cut shares of Once Upon A Farm from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Barclays boosted their price target on Once Upon A Farm from $18.00 to $19.00 and gave the company an “equal weight” rating in a research note on Monday, August 10th. Finally, Evercore set a $23.00 target price on shares of Once Upon A Farm in a research report on Friday, May 8th. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $25.88.

Once Upon A Farm Trading Up 0.6%

Shares of OFRM stock opened at $17.27 on Monday. Once Upon A Farm has a 12 month low of $14.00 and a 12 month high of $27.00. The company has a market capitalization of $725.17 million and a P/E ratio of -47.97. The stock has a 50 day moving average of $17.93 and a two-hundred day moving average of $17.83.

Once Upon A Farm (NYSE:OFRM) last issued its earnings results on Thursday, August 6th. The organic kids food company reported ($0.12) earnings per share for the quarter, beating the consensus estimate of ($0.18) by $0.06. The business had revenue of $85.39 million for the quarter. Sell-side analysts predict that Once Upon A Farm will post -0.22 earnings per share for the current fiscal year.

About Once Upon A Farm

Once Upon A Farm (NYSE: OFRM) is a U.S.-based producer of refrigerated organic foods for infants, toddlers and young children. The company’s product lineup emphasizes cold-pressed, organic purees, blends and smoothies formulated for early childhood nutrition. Its offerings are positioned around whole-food ingredients, limited processing and claims of no artificial preservatives or added sugars, with packaging designed for convenience and on-the-go feeding.

Once Upon A Farm distributes its products through a combination of retail and direct-to-consumer channels, serving customers primarily across the United States.