Blue Trust Inc. Has $118,000 Stock Position in Brf S.A. (NYSE:BRFS)

Blue Trust Inc. raised its holdings in Brf S.A. (NYSE:BRFS) by 55.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 27,106 shares of the company’s stock after buying an additional 9,709 shares during the quarter. Blue Trust Inc.’s holdings in BRF were worth $118,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Dimensional Fund Advisors LP lifted its position in shares of BRF by 12.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 23,448 shares of the company’s stock valued at $95,000 after acquiring an additional 2,555 shares during the period. Fulton Bank N.A. acquired a new position in shares of BRF during the third quarter valued at about $81,000. Creative Planning boosted its position in shares of BRF by 15.4% during the 3rd quarter. Creative Planning now owns 77,539 shares of the company’s stock worth $339,000 after purchasing an additional 10,361 shares in the last quarter. Signaturefd LLC boosted its position in shares of BRF by 13.0% during the 3rd quarter. Signaturefd LLC now owns 31,495 shares of the company’s stock worth $138,000 after purchasing an additional 3,618 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC bought a new stake in BRF in the 3rd quarter valued at about $317,000. 4.76% of the stock is currently owned by institutional investors.

BRF Trading Up 2.1 %

Shares of BRF stock opened at $3.70 on Friday. The stock has a fifty day moving average price of $4.08 and a 200-day moving average price of $4.22. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.45 and a quick ratio of 0.93. The firm has a market cap of $4.00 billion, a PE ratio of 8.59, a P/E/G ratio of 0.21 and a beta of 1.86. Brf S.A. has a 1 year low of $2.67 and a 1 year high of $4.87.

BRF Cuts Dividend

The business also recently announced a — dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, December 18th were paid a $0.0217 dividend. This represents a yield of 1.6%. The ex-dividend date was Wednesday, December 18th. BRF’s payout ratio is 20.93%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on BRFS shares. StockNews.com upgraded BRF from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 20th. Citigroup upgraded BRF from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 22nd. Two analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price 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.