Jbs N.V. $JBS Shares Purchased by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management boosted its stake in JBS by 714.9% in Q4, buying an additional 388,460 shares to hold 442,794 shares valued at about $6,385,000.
• JBS reported Q earnings of $0.39 EPS, missing the $2.25 consensus by $1.86, while revenue rose 15.5% year-over-year to $23.06 billion.
• The company declared a $1.00 dividend payable June 17 (record date May 18), and analysts hold a consensus "Buy" rating with an average price target of $20.00.

Robeco Institutional Asset Management B.V. increased its stake in shares of Jbs N.V. (NYSE:JBS - Free Report) by 714.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 442,794 shares of the company's stock after purchasing an additional 388,460 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in JBS were worth $6,385,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Steadtrust LLC raised its position in shares of JBS by 0.5% during the 4th quarter. Steadtrust LLC now owns 173,630 shares of the company's stock worth $2,504,000 after purchasing an additional 800 shares during the last quarter. Capital Research Global Investors raised its position in shares of JBS by 0.6% during the 3rd quarter. Capital Research Global Investors now owns 145,352 shares of the company's stock worth $2,186,000 after purchasing an additional 839 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in shares of JBS by 8.9% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 12,095 shares of the company's stock worth $181,000 after purchasing an additional 991 shares during the last quarter. US Bancorp DE grew its stake in JBS by 10.0% in the 3rd quarter. US Bancorp DE now owns 13,497 shares of the company's stock worth $202,000 after acquiring an additional 1,225 shares during the period. Finally, EverSource Wealth Advisors LLC purchased a new stake in JBS in the 2nd quarter worth approximately $29,000.

JBS Stock Down 1.6%

Shares of NYSE JBS opened at $17.78 on Thursday. Jbs N.V. has a 52-week low of $12.37 and a 52-week high of $18.65. The firm has a fifty day moving average of $16.39 and a 200-day moving average of $14.90. The stock has a market capitalization of $13.75 billion and a PE ratio of 12.34. The company has a quick ratio of 0.91, a current ratio of 1.60 and a debt-to-equity ratio of 2.28.

JBS (NYSE:JBS - Get Free Report) last announced its quarterly earnings data on Wednesday, March 25th. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.25 by ($1.86). The firm had revenue of $23.06 billion for the quarter. The company's revenue was up 15.5% compared to the same quarter last year.

JBS Dividend Announcement

The firm also recently declared a dividend, which will be paid on Wednesday, June 17th. Investors of record on Monday, May 18th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, May 18th.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Zacks Research cut shares of JBS from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 10th. UBS Group raised shares of JBS to a "strong-buy" rating in a research note on Friday, February 6th. Mizuho raised shares of JBS to a "strong-buy" rating in a research note on Friday, April 10th. Barclays lifted their target price on shares of JBS from $22.00 to $23.00 and gave the stock an "overweight" rating in a research note on Friday, March 27th. Finally, Weiss Ratings raised shares of JBS from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, February 4th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, JBS presently has a consensus rating of "Buy" and an average price target of $20.00.

JBS Profile

JBS SA is a global leader in the production and processing of meat products, with a focus on beef, pork and poultry. Headquartered in São Paulo, Brazil, the company operates through an extensive network of owned facilities and partnerships that span the Americas, Europe and the Asia-Pacific region. JBS supplies fresh, frozen and value-added protein solutions for retail, foodservice and industrial customers, and is active across the entire supply chain—from livestock procurement and feed production to slaughtering, processing, packaging and distribution.

Founded in 1953 by José Batista Sobrinho in Anápolis, Goiás, JBS began as a small slaughterhouse and expanded rapidly through strategic acquisitions and organic growth.

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