XTX Topco Ltd Has $495,000 Position in Brf S.A. (NYSE:BRFS)

XTX Topco Ltd boosted its holdings in shares of Brf S.A. (NYSE:BRFS) by 142.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 113,266 shares of the company’s stock after acquiring an additional 66,583 shares during the period. XTX Topco Ltd’s holdings in BRF were worth $495,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Atomi Financial Group Inc. acquired a new stake in shares of BRF in the 2nd quarter worth about $48,000. Blue Trust Inc. purchased a new stake in shares of BRF in the second quarter worth approximately $51,000. SPX Gestao de Recursos Ltda bought a new position in shares of BRF in the second quarter valued at approximately $58,000. US Bancorp DE boosted its position in shares of BRF by 127.1% during the third quarter. US Bancorp DE now owns 15,871 shares of the company’s stock valued at $69,000 after buying an additional 8,882 shares during the last quarter. Finally, Ballentine Partners LLC bought a new stake in BRF during the second quarter worth $77,000. 4.76% of the stock is owned by institutional investors.

BRF Stock Performance

Shares of BRF stock opened at $4.62 on Friday. The firm has a market capitalization of $5.00 billion, a P/E ratio of 10.74, a price-to-earnings-growth ratio of 0.25 and a beta of 1.89. The company has a current ratio of 1.45, a quick ratio of 0.93 and a debt-to-equity ratio of 1.05. The business’s fifty day simple moving average is $4.35 and its 200 day simple moving average is $4.18. Brf S.A. has a 12 month low of $2.45 and a 12 month high of $4.87.

BRF Cuts Dividend

The business also recently declared a — dividend, which will be paid on Thursday, January 9th. Investors of record on Wednesday, December 18th will be issued a $0.0217 dividend. This represents a dividend yield of 1.6%. The ex-dividend date is Wednesday, December 18th. BRF’s dividend payout ratio (DPR) is currently 18.60%.

Analysts Set New Price Targets

Several brokerages have weighed in on BRFS. Barclays raised their price objective on BRF from $4.50 to $5.00 and gave the company an “overweight” rating in a research note on Friday, August 16th. StockNews.com upgraded shares of BRF from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $10.70.

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.