81,290 Shares in Once Upon A Farm $OFRM Bought by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC acquired a new position in Once Upon A Farm (NYSE:OFRM) in the second quarter, HoldingsChannel.com reports. The fund acquired 81,290 shares of the organic kids food company’s stock, valued at approximately $1,665,000.

Other hedge funds have also modified their holdings of the company. Bank of New York Mellon Corp acquired a new stake in shares of Once Upon A Farm during the 2nd quarter valued at about $781,000. BlackRock Inc. raised its holdings in 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 purchasing an additional 595,571 shares during the period. Finally, Deutsche Bank AG boosted its position in Once Upon A Farm by 3.0% during the second quarter. Deutsche Bank AG now owns 102,990 shares of the organic kids food company’s stock worth $2,109,000 after purchasing an additional 2,990 shares in the last quarter.

Once Upon A Farm Trading Up 0.6%

OFRM stock opened at $17.89 on Thursday. Once Upon A Farm has a 12-month low of $14.00 and a 12-month high of $27.00. The business has a 50-day moving average price of $18.21. The firm has a market cap of $751.20 million and a PE ratio of -49.69.

Once Upon A Farm (NYSE:OFRM) last announced its earnings results on Thursday, August 6th. The organic kids food company reported ($0.12) EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.06. The firm had revenue of $85.39 million for the quarter. As a group, equities research analysts anticipate that Once Upon A Farm will post -0.22 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.