Two Sigma Investments LP Increases Stock Position in Brf S.A. (NYSE:BRFS)

Two Sigma Investments LP boosted its stake in Brf S.A. (NYSE:BRFS - Free Report) by 4.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,217,514 shares of the company's stock after purchasing an additional 91,268 shares during the quarter. Two Sigma Investments LP owned approximately 0.20% of BRF worth $9,025,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in BRFS. Navellier & Associates Inc. boosted its position in shares of BRF by 2.6% in the fourth quarter. Navellier & Associates Inc. now owns 234,706 shares of the company's stock valued at $955,000 after acquiring an additional 5,977 shares during the period. Two Sigma Securities LLC lifted its stake in BRF by 15.3% in the 4th quarter. Two Sigma Securities LLC now owns 49,704 shares of the company's stock worth $202,000 after purchasing an additional 6,597 shares in the last quarter. Mariner LLC lifted its stake in BRF by 26.7% in the 4th quarter. Mariner LLC now owns 41,864 shares of the company's stock worth $170,000 after purchasing an additional 8,815 shares in the last quarter. Blue Trust Inc. boosted its holdings in BRF by 55.8% in the 4th quarter. Blue Trust Inc. now owns 27,106 shares of the company's stock valued at $118,000 after purchasing an additional 9,709 shares during the period. Finally, PFG Investments LLC purchased a new position in shares of BRF during the 4th quarter valued at $51,000. Hedge funds and other institutional investors own 4.76% of the company's stock.

BRF Trading Down 2.1%

Shares of BRFS stock traded down $0.08 on Friday, hitting $3.50. 549,538 shares of the company's stock traded hands, compared to its average volume of 2,521,443. The stock has a market capitalization of $3.78 billion, a price-to-earnings ratio of 8.15, a P/E/G ratio of 0.19 and a beta of 1.44. The company's fifty day simple moving average is $3.57 and its 200 day simple moving average is $3.76. Brf S.A. has a one year low of $2.99 and a one year high of $4.87. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.93 and a current ratio of 1.45.

BRF (NYSE:BRFS - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.09 by $0.03. BRF had a return on equity of 19.66% and a net margin of 6.52%. The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $15.78 billion. Equities analysts forecast that Brf S.A. will post 0.45 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Barclays reiterated an "equal weight" rating and issued a $3.50 price objective (down previously from $5.00) on shares of BRF in a research report on Monday, May 19th. Wall Street Zen downgraded shares of BRF from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd.

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.