Barclays PLC Increases Holdings in Brf S.A. (NYSE:BRFS)

Barclays PLC boosted its position in shares of Brf S.A. (NYSE:BRFS - Free Report) by 2,103.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 123,434 shares of the company's stock after buying an additional 117,831 shares during the quarter. Barclays PLC's holdings in BRF were worth $502,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Hennion & Walsh Asset Management Inc. acquired a new stake in BRF in the 4th quarter worth about $43,000. PFG Investments LLC acquired a new stake in BRF during the 4th quarter worth $51,000. Headlands Technologies LLC purchased a new stake in shares of BRF during the fourth quarter worth $55,000. QRG Capital Management Inc. purchased a new position in shares of BRF in the fourth quarter worth about $72,000. Finally, Robeco Institutional Asset Management B.V. purchased a new stake in BRF during the 4th quarter valued at about $117,000. Institutional investors and hedge funds own 4.76% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on BRFS. StockNews.com raised BRF from a "buy" rating to a "strong-buy" rating in a report on Thursday, April 24th. Citigroup raised shares of BRF from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, January 22nd.

BRF Trading Down 5.8 %

BRFS traded down $0.21 on Friday, hitting $3.38. The company had a trading volume of 2,552,141 shares, compared to its average volume of 2,316,044. The company's fifty day moving average price is $3.48 and its 200 day moving average price is $3.83. Brf S.A. has a 1 year low of $2.99 and a 1 year high of $4.87. The company has a current ratio of 1.45, a quick ratio of 0.93 and a debt-to-equity ratio of 1.05. The firm has a market cap of $3.66 billion, a P/E ratio of 7.86, a PEG ratio of 0.19 and a beta of 1.44.

BRF (NYSE:BRFS - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.11). The company had revenue of $3 billion during the quarter, compared to analyst estimates of $2.72 billion. BRF had a return on equity of 19.66% and a net margin of 6.52%. As a group, equities analysts expect that Brf S.A. will post 0.45 earnings per share for the current year.

BRF Company Profile

BRF SA raises, produces, and slaughters poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, margarine, pet food, and other products. The company provides frozen whole and cut chicken, frozen pork, and turkey, and halal products for Islamic markets; processed foods, such as marinated, frozen, seasoned whole, and cut chicken, roosters, sausages, ham products, bologna, frankfurters, salamis, bacons, cold meats, and other smoked products; and hamburgers, steaks, breaded meat products, kibbeh, and meatballs, as well as chicken sausages, hot dogs, and chicken bologna.