Dimensional Fund Advisors LP Sells 8,129 Shares of Brf S.A. (NYSE:BRFS)

Dimensional Fund Advisors LP cut its holdings in shares of Brf S.A. (NYSE:BRFS) by 28.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,096 shares of the company’s stock after selling 8,129 shares during the period. Dimensional Fund Advisors LP’s holdings in BRF were worth $82,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BRFS. Hennion & Walsh Asset Management Inc. acquired a new stake in BRF in the fourth quarter valued at $43,000. PFG Investments LLC acquired a new position in BRF during the 4th quarter valued at about $51,000. Headlands Technologies LLC acquired a new position in BRF during the 4th quarter valued at about $55,000. QRG Capital Management Inc. acquired a new position in BRF during the 4th quarter valued at about $72,000. Finally, Robeco Institutional Asset Management B.V. bought a new position in shares of BRF during the 4th quarter worth approximately $117,000. 4.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on BRFS shares. Citigroup raised shares of BRF from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 22nd. StockNews.com lowered shares of BRF from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, May 13th.

BRF Stock Performance

BRF stock opened at $3.63 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 company has a market capitalization of $3.93 billion, a PE ratio of 8.43, a P/E/G ratio of 0.19 and a beta of 1.44. The firm has a fifty day simple moving average of $3.52 and a two-hundred day simple moving average of $3.80. Brf S.A. has a twelve month low of $2.99 and a twelve month high of $4.87.

BRF (NYSE:BRFS) last released its quarterly earnings results on Tuesday, May 13th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.03. BRF had a net margin of 6.52% and a return on equity of 19.66%. The company had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $15.78 billion. Research analysts expect that Brf S.A. will post 0.45 EPS 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.