<div id="readability-page-1"><p>Voya Investment Management LLC decreased its holdings in shares of  BellRing Brands Inc. (NYSE:BRBR - Free Report) by 49.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities &amp; Exchange Commission. The firm owned 126,729 shares of the company's stock after selling 122,961 shares during the quarter. Voya Investment Management LLC owned approximately 0.10% of BellRing Brands worth $4,607,000 at the end of the most recent quarter.</p><ul><li>These 4 Mid-Caps Just Announced Big Buyback Plans</li></ul><p>A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. William Blair Investment Management LLC bought a new position in shares of  BellRing Brands during the second quarter valued at approximately $124,777,000.  Axiom Investors LLC DE grew its stake in  BellRing Brands by 418.1% during the 1st quarter. Axiom Investors LLC DE now owns 2,248,924 shares of the company's stock worth $167,455,000 after buying an additional 1,814,811 shares during the last quarter.  Holocene Advisors LP increased its position in  BellRing Brands by 50.7% in the second quarter. Holocene Advisors LP now owns 3,928,395 shares of the company's stock worth $227,572,000 after buying an additional 1,320,849 shares during the period.  Junto Capital Management LP acquired a new stake in  BellRing Brands in the first quarter worth $97,725,000.  Finally, Norges Bank bought a new stake in  BellRing Brands in the second quarter valued at $66,057,000. 94.97% of the stock is currently owned by institutional investors and hedge funds. </p><div><p><span></span><span>Get <strong>BellRing Brands</strong> alerts:</span></p></div><h2>Analyst Ratings Changes</h2><p>Several equities analysts have recently commented on the stock. Stifel Nicolaus lowered their price target on shares of BellRing Brands from $56.00 to $50.00 and set a &#34;buy&#34; rating for the company in a research report on Wednesday, November 19th. Jefferies Financial Group  restated a &#34;buy&#34; rating and issued a $48.00 target price on shares of BellRing Brands in a research report on Wednesday, November 19th. Deutsche Bank Aktiengesellschaft  set a $62.00 price target on shares of BellRing Brands in a research note on Monday, December 15th. UBS Group  reiterated a &#34;neutral&#34; rating and set a $34.00 price objective on shares of BellRing Brands in a research report on Friday, November 28th. Finally, Mizuho lowered their target price on BellRing Brands from $45.00 to $40.00 and set an &#34;outperform&#34; rating on the stock in a research report on Monday, November 24th. Eleven investment analysts have rated the stock with a Buy rating, seven have issued  a Hold rating and one  has assigned  a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of &#34;Moderate Buy&#34; and an average price target of $44.00.</p><ul><li>Trump Tax Reforms: 7 Stocks That Could Benefit in 2025  </li></ul><p><b>Read Our Latest Stock Report on BRBR</b></p><h2>BellRing Brands Trading Up 0.6%</h2><p>Shares of NYSE:BRBR opened at $30.13 on Friday. The company has a 50 day moving average of $30.38 and a 200-day moving average of $40.86. The firm has a market cap of $3.61 billion, a P/E ratio of 17.93, a P/E/G ratio of 4.03 and a beta of 0.67. BellRing Brands Inc. has a twelve month low of $22.45 and a twelve month high of $80.67. </p><ul><li>Can Simply Good Foods ride the GLP-1 weight loss trend in 2024?</li></ul><p>BellRing Brands (NYSE:BRBR - Get Free Report) last announced its earnings results on Tuesday, November 18th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.03). The firm had revenue of $648.20 million for the quarter, compared to the consensus estimate of $633.21 million. BellRing Brands had a negative return on equity of 95.87% and a net margin of 9.33%.BellRing Brands's revenue for the quarter was up 16.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.51 EPS.  Equities research analysts forecast that  BellRing Brands Inc. will post 2.23 EPS for the current year. </p><p>BellRing Brands declared that its Board of Directors has initiated a stock buyback program on Tuesday, September 2nd that allows the company to repurchase $400.00 million in  outstanding  shares. This repurchase authorization allows the company to buy up to 7.7% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued. </p><h2>Insiders Place Their Bets</h2><p>In related news, insider Douglas J. Cornille sold 3,970 shares of BellRing Brands stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $30.93, for a total transaction of $122,792.10. Following the transaction, the insider directly owned 54,812 shares of the company's stock, valued at $1,695,335.16. The trade was a 6.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available at the SEC website. 1.50% of the stock is owned by corporate insiders. </p><h2>BellRing Brands Company Profile</h2> (Free Report)<p>BellRing Brands, Inc is a consumer packaged goods company specializing in high‐protein, better‐for‐you nutrition products. Formed in March 2020 as a spin‐off from Post Holdings, the company focuses on delivering convenient protein solutions to health‐conscious consumers through a portfolio of well‐known and emerging brands.  </p><p>The company's product offerings include ready‐to‐drink protein shakes, protein powders, nutrition bars and other performance nutrition items. BellRing Brands' flagship brands include Premier Protein, a line of shakes and bars designed for everyday protein supplementation, as well as Dymatize and PowerBar, which cater to athletes and active individuals seeking advanced sports nutrition formulas.  </p><p>BellRing Brands markets its products primarily across North America, leveraging relationships with major retailers, wholesale clubs and e-commerce platforms to reach consumers in the United States and Canada.</p><h2>Read More</h2><ul><li>Five stocks we like better than BellRing Brands</li><li>Do you know what Amazon is planning for January 1?</li><li>$100 Trillion “AI Metal” Found in American Ghost Town</li><li>Washington prepares for war</li><li>Put $1,000 into this stock by Jan 1 [Not NVDA]</li><li>Turn your &#34;dead money&#34; into $306+ monthly (starting this month)</li></ul><p><strong>Want to see what other hedge funds are holding BRBR?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BellRing Brands Inc. (NYSE:BRBR - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJSQlI?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-UHJlZml4PU5ZU0UmU3ltYm9sPUJSQlI"/></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 reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in BellRing Brands Right Now?</h2><p>Before you consider BellRing Brands, 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 BellRing Brands wasn't on the list.</p><p>While BellRing Brands 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>

BRBR

<p>Voya Investment Management LLC reduced its holdings in BellRing Brands Inc. by 49.2% in Q3. Analysts have mixed ratings on the stock, with a moderate buy consensus and an average price target of $44.00. BellRing Brands reported Q3 earnings of $0.51 per share, missing estimates. The company has a stock buyback program for $400 million. Shares opened at $30.13, with a market cap of $3.61 billion.</p>

BellRing Brands Inc. $BRBR Shares Sold by Voya Investment Management LLC