WINTON GROUP Ltd Acquires 44,614 Shares of Brf S.A. (NYSE:BRFS)

WINTON GROUP Ltd raised its holdings in Brf S.A. (NYSE:BRFSGet Rating) by 82.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 98,991 shares of the company’s stock after purchasing an additional 44,614 shares during the quarter. WINTON GROUP Ltd’s holdings in BRF were worth $253,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of BRFS. Polunin Capital Partners Ltd bought a new position in BRF in the 1st quarter valued at $19,709,000. BlackRock Inc. increased its stake in shares of BRF by 132.8% in the 1st quarter. BlackRock Inc. now owns 5,190,782 shares of the company’s stock valued at $20,606,000 after buying an additional 2,961,528 shares during the period. Banque Pictet & Cie SA acquired a new stake in shares of BRF in the 1st quarter valued at $596,000. SG Americas Securities LLC increased its stake in shares of BRF by 31.3% in the 1st quarter. SG Americas Securities LLC now owns 577,877 shares of the company’s stock valued at $2,294,000 after buying an additional 137,628 shares during the period. Finally, Banco Santander S.A. acquired a new stake in shares of BRF in the 1st quarter valued at $414,000. Institutional investors own 8.43% of the company’s stock.

BRF Stock Down 1.5 %

NYSE:BRFS opened at $1.94 on Monday. Brf S.A. has a 1 year low of $1.91 and a 1 year high of $4.49. The company has a current ratio of 1.28, a quick ratio of 0.70 and a debt-to-equity ratio of 1.66. The stock has a market cap of $1.57 billion, a price-to-earnings ratio of -9.24 and a beta of 1.74. The stock has a 50-day moving average price of $2.53 and a two-hundred day moving average price of $2.78.

Wall Street Analyst Weigh In

Several research firms have recently commented on BRFS. JPMorgan Chase & Co. raised BRF from an “underweight” rating to a “neutral” rating in a research note on Tuesday, September 27th. StockNews.com began coverage on BRF in a research note on Wednesday, October 12th. They issued a “hold” rating for the company. Citigroup cut BRF from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 25th. Finally, The Goldman Sachs Group raised BRF from a “sell” rating to a “neutral” rating in a research note on Tuesday, November 15th. Four analysts have rated the stock with a hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $2.40.

About BRF

(Get Rating)

BRF SA focuses on raising, producing, and slaughtering poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, margarine, and other products. The company's product portfolio comprises meat products, including frozen whole and cut chicken, frozen pork, and beef; processed food products, such as marinated, frozen, whole and cut chicken, roosters, turkey meat, sausages, ham products, bologna, frankfurters, salamis, bacon, cold meats, other smoked products, chicken sausages, chicken hot dogs, and chicken bologna; and frozen processed meats comprising hamburgers, steaks, breaded meat products, kibbeh, and meatballs.

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Institutional Ownership by Quarter for BRF (NYSE:BRFS)

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