Kapitalo Investimentos Ltda Takes $663,000 Position in Brf S.A. (NYSE:BRFS)

Kapitalo Investimentos Ltda bought a new stake in Brf S.A. (NYSE:BRFS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 163,014 shares of the company's stock, valued at approximately $663,000. BRF comprises 0.4% of Kapitalo Investimentos Ltda's investment portfolio, making the stock its 16th largest position.

Other large investors have also recently made changes to their positions in the company. Navellier & Associates Inc. increased its position in BRF by 2.6% in the 4th 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 increased its holdings in shares of BRF by 15.3% in the fourth quarter. Two Sigma Securities LLC now owns 49,704 shares of the company's stock valued at $202,000 after purchasing an additional 6,597 shares during the period. Mariner LLC increased its holdings in shares of BRF by 26.7% in the fourth quarter. Mariner LLC now owns 41,864 shares of the company's stock valued at $170,000 after purchasing an additional 8,815 shares during the period. Blue Trust Inc. lifted its holdings in shares of BRF by 55.8% during the fourth quarter. Blue Trust Inc. now owns 27,106 shares of the company's stock worth $118,000 after purchasing an additional 9,709 shares during the period. Finally, Hennion & Walsh Asset Management Inc. purchased a new position in BRF in the 4th quarter valued at $43,000. 4.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BRFS has been the subject of a number of analyst reports. StockNews.com upgraded shares of BRF from a "buy" rating to a "strong-buy" rating in a research report on Thursday, April 24th. Citigroup raised BRF from a "hold" rating to a "strong-buy" rating in a report on Wednesday, January 22nd.

BRF Price Performance

Shares of NYSE BRFS traded up $0.04 during midday trading on Friday, hitting $3.92. The company had a trading volume of 1,512,112 shares, compared to its average volume of 2,402,831. The company has a quick ratio of 0.93, a current ratio of 1.45 and a debt-to-equity ratio of 1.05. The business has a 50-day simple moving average of $3.44 and a two-hundred day simple moving average of $3.86. Brf S.A. has a twelve month low of $2.99 and a twelve month high of $4.87. The firm has a market capitalization of $4.24 billion, a price-to-earnings ratio of 9.12, a price-to-earnings-growth ratio of 0.19 and a beta of 1.51.

BRF (NYSE:BRFS - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.11). BRF had a return on equity of 19.66% and a net margin of 6.52%. The firm had revenue of $3 billion for the quarter, compared to analysts' expectations of $2.72 billion. Equities research analysts anticipate that Brf S.A. will post 0.45 earnings per share for the current year.

BRF 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.