1 week Ago By Defense World Staff
LPL Financial LLC increased its stake in Brf S.A. ( NYSE:BRFS – Free Report ) by 15.
9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 96,019 shares of the company’s stock after acquiring an additional 13,201 shares during the quarter. LPL Financial LLC’s holdings in BRF were worth $391,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Hennion & Walsh Asset Management Inc. acquired a new position in shares of BRF in the 4th quarter worth approximately $43,000.
PFG Investments LLC bought a new position in BRF during the fourth quarter worth $51,000. QRG Capital Management Inc. acquired a new position in BRF in the fourth quarter valued at $72,000.
Blue Trust Inc. boosted its position in BRF by 55.8% during the fourth quarter.
Blue Trust Inc. now owns 27,106 shares of the company’s stock valued at $118,000 after acquiring an additional 9,709 shares during the last quarter. Finally, Robeco Institutional Asset Management B.
V. acquired a new stake in BRF during the 4th quarter worth about $117,000. 4.
76% of the stock is currently owned by institutional investors. Analyst Ratings Changes Several brokerages have issued reports on BRFS. Citigroup raised BRF from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 22nd.
StockNews.com upgraded shares of BRF from a “buy” rating to a “strong-buy” rating in a research report on Thursday. BRF Stock Up 4.
2 % Shares of NYSE:BRFS opened at $3.99 on Friday. 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’s 50 day moving average is $3.38 and its 200 day moving average is $3.86.
Brf S.A. has a 12-month low of $2.
99 and a 12-month high of $4.87. The stock has a market cap of $4.
32 billion, a price-to-earnings ratio of 9.28, a PEG ratio of 0.19 and a beta of 1.
51. BRF ( NYSE:BRFS – Get Free Report ) last posted 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).
BRF had a net margin of 6.52% and a return on equity of 19.66%.
The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.72 billion. On average, sell-side analysts forecast that Brf S.
A. will post 0.45 earnings per share for the current fiscal year.
About BRF ( Free Report ) 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. Further Reading Five stocks we like better than BRF Using the MarketBeat Dividend Tax Calculator Markets Think Robinhood Earnings Could Send the Stock Up Using the MarketBeat Stock Split Calculator Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains? How to buy stock: A step-by-step guide for beginners AT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround Receive News & Ratings for BRF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BRF and related companies with MarketBeat.
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