<div id="readability-page-1"><p>Northern Trust Corp lifted its position in shares of  Freshpet, Inc. (NASDAQ:FRPT - Free Report) by 14.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 408,633 shares of the company's stock after buying an additional 52,284 shares during the period. Northern Trust Corp owned approximately 0.84% of Freshpet worth $60,523,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><ul><li>Freshpet's Impressive Q2 Sparks Optimism Despite Market Fears</li></ul><p>Several other institutional investors have also recently made changes to their positions in FRPT. Lecap Asset Management Ltd. acquired a new stake in  Freshpet during the fourth quarter worth $817,000.  Principal Financial Group Inc. grew its holdings in shares of  Freshpet by 36.4% during the 4th quarter. Principal Financial Group Inc. now owns 107,657 shares of the company's stock worth $15,945,000 after purchasing an additional 28,743 shares during the period.  Victory Capital Management Inc. increased its position in shares of  Freshpet by 1.7% during the 4th quarter. Victory Capital Management Inc. now owns 135,629 shares of the company's stock worth $20,088,000 after purchasing an additional 2,291 shares during the last quarter.  Natixis Advisors LLC raised its holdings in  Freshpet by 406.4% in the 4th quarter. Natixis Advisors LLC now owns 53,066 shares of the company's stock valued at $7,860,000 after buying an additional 42,587 shares during the period.  Finally, Allspring Global Investments Holdings LLC lifted its position in  Freshpet by 198.6% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 381,385 shares of the company's stock valued at $55,065,000 after buying an additional 253,679 shares during the last quarter. </p><h2>Analysts Set New Price Targets</h2><p>A number of brokerages have weighed in on FRPT. JPMorgan Chase &amp; Co. dropped their price target on shares of Freshpet from $91.00 to $85.00 and set a &#34;neutral&#34; rating for the company in a research report on Tuesday. Stifel Nicolaus cut their target price on Freshpet from $135.00 to $115.00 and set a &#34;buy&#34; rating on the stock in a research report on Thursday, April 10th. Citigroup lowered their price target on Freshpet from $155.00 to $142.00 and set a &#34;neutral&#34; rating for the company in a research report on Wednesday, February 12th. Robert W. Baird cut their price objective on Freshpet from $125.00 to $115.00 and set an &#34;outperform&#34; rating on the stock in a report on Tuesday. Finally, Truist Financial cut Freshpet from a &#34;buy&#34; rating to a &#34;hold&#34; rating and lowered their target price for the company from $90.00 to $80.00 in a report on Wednesday, April 30th. One research analyst  has rated the stock with a sell rating, four have assigned  a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, Freshpet currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $135.73.</p><ul><li>Freshpet Surges 10%: Fresh Highs to Come for This Pet Stock</li></ul><p><b>View Our Latest Research Report on FRPT</b></p><h2>Freshpet Price Performance</h2><p>Shares of FRPT opened at $80.92 on Wednesday. The firm has a market capitalization of $3.94 billion, a price-to-earnings ratio of 86.09 and a beta of 1.85. The firm's fifty day simple moving average is $82.68 and its 200-day simple moving average is $123.39. Freshpet, Inc. has a twelve month low of $71.19 and a twelve 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. </p><ul><li>Here’s The One Pet Stock That’s Not in the Doghouse</li></ul><p>Freshpet (NASDAQ:FRPT - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by ($0.04). The business had revenue of $263.25 million during the quarter, compared to analyst estimates of $265.57 million. Freshpet had a net margin of 4.81% and a return on equity of 3.92%. The firm's quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.37 earnings per share.  Equities analysts forecast that  Freshpet, Inc. will post 1.55 EPS for the current fiscal year. </p><h2>About Freshpet</h2> (Free Report)<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Freshpet</li><li>What Investors Must Know About Over-the-Counter (OTC) Stocks</li><li>3 Mid-Cap Medical Stocks Outperforming the Market</li><li>3 Home Improvement Stocks that Can Upgrade Your Portfolio</li><li>The Top-Ranked Insider Buys From April by Market Cap</li><li>What is a Dividend King? </li><li>Is Eli Lilly a Buy After Weak Earnings and CVS-Novo Partnership?</li></ul><p><strong>Want to see what other hedge funds are holding FRPT?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Freshpet, Inc. (NASDAQ:FRPT - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RlJQVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RlJQVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Freshpet Right Now?</h2><p>Before you consider Freshpet, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Freshpet wasn't on the list.</p><p>While Freshpet currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

FRPT

NTRS

<p>Northern Trust Corp increased its stake in Freshpet, Inc. (NASDAQ:FRPT) by 14.7% in Q4, owning 408,633 shares valued at $60.5 million. Other institutional investors also adjusted their positions. Analysts have set new price targets, with JPMorgan lowering theirs from $91 to $85, while Stifel Nicolaus cut theirs from $135 to $115. Freshpet's stock opened at $80.92, with a market cap of $3.94 billion. The company reported Q1 earnings of $0.09 per share, missing estimates, but revenue increased 17.6% year-over-year.</p>

Freshpet, Inc. (NASDAQ:FRPT) Shares Bought by Northern Trust Corp