D Orazio & Associates Inc. Invests $163,000 in Jbs N.V. $JBS

D Orazio & Associates Inc. acquired a new stake in shares of Jbs N.V. (NYSE:JBS) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,146 shares of the company’s stock, valued at approximately $163,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JBS. CWM LLC acquired a new stake in JBS during the 2nd quarter worth about $45,000. GAMMA Investing LLC acquired a new position in JBS in the 2nd quarter worth approximately $53,000. IFP Advisors Inc acquired a new stake in JBS during the 2nd quarter valued at approximately $57,000. Blue Trust Inc. acquired a new stake in shares of JBS in the second quarter worth $96,000. Finally, Quinn Opportunity Partners LLC acquired a new position in JBS during the second quarter valued at $146,000.

Analysts Set New Price Targets

Several equities research analysts have weighed in on JBS shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of JBS in a research report on Tuesday. Santander assumed coverage on JBS in a report on Thursday, August 14th. They set a “neutral” rating on the stock. Mizuho set a $20.00 price target on JBS in a report on Tuesday, October 28th. Stephens restated an “overweight” rating and issued a $19.00 price objective on shares of JBS in a research report on Friday, August 15th. Finally, Zacks Research cut shares of JBS from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 21st. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $19.67.

JBS Stock Down 0.4%

NYSE JBS opened at $13.11 on Friday. The business has a 50-day simple moving average of $14.00. The company has a quick ratio of 0.76, a current ratio of 1.54 and a debt-to-equity ratio of 2.15. Jbs N.V. has a twelve month low of $12.37 and a twelve month high of $17.80.

JBS Profile

JBS N.V., together with its subsidiaries, operates as a protein and food company worldwide. The company offers beef, pork, chicken, poultry, fish, and lamb products; cooked frozen meat; plant based products; and other food products. It also sells leather, leather, hygiene and cleaning products, collagen, metal packaging, biodiesel, and others, as well as wet blue leather, semi-finished, and finished leather products.