XTX Topco Ltd Sells 84,273 Shares of Brf S.A. (NYSE:BRFS)

XTX Topco Ltd decreased its stake in shares of Brf S.A. (NYSE:BRFS - Free Report) by 74.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 28,993 shares of the company's stock after selling 84,273 shares during the period. XTX Topco Ltd's holdings in BRF were worth $118,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in BRFS. 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 worth $955,000 after buying an additional 5,977 shares during the period. Mariner LLC raised its stake in BRF by 26.7% during the 4th 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 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. Hennion & Walsh Asset Management Inc. acquired a new stake in BRF in the 4th quarter worth $43,000. Finally, PFG Investments LLC acquired a new position in shares of BRF during the fourth quarter valued at about $51,000. 4.76% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

BRF Trading Down 3.4 %

NYSE:BRFS traded down $0.14 during trading hours on Monday, hitting $3.79. 200,352 shares of the stock were exchanged, compared to its average volume of 2,378,901. The company has a market capitalization of $4.10 billion, a P/E ratio of 8.80, a price-to-earnings-growth ratio of 0.19 and a beta of 1.44. 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 company's 50 day moving average is $3.44 and its two-hundred day moving average is $3.85. Brf S.A. has a twelve month low of $2.99 and a twelve month high of $4.87.

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