88,846 Shares in Jbs N.V. $JBS Bought by Lbp Am Sa

Lbp Am Sa bought a new stake in shares of Jbs N.V. (NYSE:JBS) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 88,846 shares of the company’s stock, valued at approximately $1,326,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC acquired a new position in shares of JBS during the 2nd quarter valued at about $53,000. Public Employees Retirement System of Ohio bought a new stake in shares of JBS in the second quarter valued at about $296,000. Kathmere Capital Management LLC bought a new position in JBS during the second quarter valued at about $261,000. Signaturefd LLC bought a new stake in shares of JBS during the second quarter valued at approximately $277,000. Finally, Greenleaf Trust bought a new position in JBS in the second quarter worth $243,000.

JBS Price Performance

Shares of JBS opened at $15.60 on Wednesday. Jbs N.V. has a one year low of $12.37 and a one year high of $17.80. The business’s 50 day simple moving average is $14.47 and its 200-day simple moving average is $14.27. The company has a debt-to-equity ratio of 2.15, a current ratio of 1.54 and a quick ratio of 0.76.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on JBS shares. Weiss Ratings restated a “hold (c)” rating on shares of JBS in a research note on Monday, December 29th. Zacks Research upgraded shares of JBS from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Santander raised JBS from a “neutral” rating to an “outperform” rating in a report on Thursday, December 11th. The Goldman Sachs Group set a $18.50 target price on JBS in a report on Wednesday, November 26th. Finally, Mizuho set a $20.00 price target on JBS in a research note on Tuesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $19.38.

JBS Company Profile

JBS SA is a global leader in the production and processing of meat products, with a focus on beef, pork and poultry. Headquartered in São Paulo, Brazil, the company operates through an extensive network of owned facilities and partnerships that span the Americas, Europe and the Asia-Pacific region. JBS supplies fresh, frozen and value-added protein solutions for retail, foodservice and industrial customers, and is active across the entire supply chain—from livestock procurement and feed production to slaughtering, processing, packaging and distribution.

Founded in 1953 by José Batista Sobrinho in Anápolis, Goiás, JBS began as a small slaughterhouse and expanded rapidly through strategic acquisitions and organic growth.