Marshall Wace LLP Has $20.25 Million Stock Holdings in Brf S.A. (NYSE:BRFS)

Marshall Wace LLP lifted its stake in Brf S.A. (NYSE:BRFS - Free Report) by 16.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,975,651 shares of the company's stock after buying an additional 687,243 shares during the period. Marshall Wace LLP owned approximately 0.46% of BRF worth $20,251,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of BRFS. Hennion & Walsh Asset Management Inc. acquired a new position in shares of BRF in the fourth quarter worth about $43,000. PFG Investments LLC acquired a new position in shares of BRF in the 4th quarter valued at approximately $51,000. Headlands Technologies LLC purchased a new position in shares of BRF during the 4th quarter valued at approximately $55,000. QRG Capital Management Inc. acquired a new stake in shares of BRF during the fourth quarter worth approximately $72,000. Finally, Blue Trust Inc. increased its stake in shares of BRF by 55.8% in the fourth quarter. Blue Trust Inc. now owns 27,106 shares of the company's stock worth $118,000 after buying an additional 9,709 shares during the last quarter. Institutional investors and hedge funds own 4.76% of the company's stock.

BRF Price Performance

Shares of BRFS stock traded up $0.08 during mid-day trading on Thursday, hitting $3.83. 2,206,801 shares of the stock traded hands, compared to its average volume of 2,413,127. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.93 and a current ratio of 1.45. The firm has a market cap of $4.14 billion, a price-to-earnings ratio of 8.90, a price-to-earnings-growth ratio of 0.19 and a beta of 1.51. The company's 50-day simple moving average is $3.36 and its 200-day simple moving average is $3.87. 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 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.11). BRF had a return on equity of 19.66% and a net margin of 6.52%. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.72 billion. As a group, equities research analysts expect that Brf S.A. will post 0.45 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. StockNews.com lowered shares of BRF from a "strong-buy" rating to a "buy" rating in a report on Thursday, March 20th. Citigroup raised BRF from a "hold" rating to a "strong-buy" rating in a report on Wednesday, January 22nd.

About BRF

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.