110,475 Shares in Jbs N.V. $JBS Acquired by IPG Investment Advisors LLC

IPG Investment Advisors LLC bought a new position in shares of Jbs N.V. (NYSE:JBS) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 110,475 shares of the company’s stock, valued at approximately $1,593,000.

A number of other large investors have also bought and sold shares of JBS. EverSource Wealth Advisors LLC bought a new stake in JBS during the 2nd quarter worth approximately $29,000. Quarry LP bought a new stake in JBS during the 3rd quarter worth approximately $34,000. Jones Financial Companies Lllp increased its stake in JBS by 489.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,657 shares of the company’s stock worth $39,000 after purchasing an additional 2,206 shares in the last quarter. Farther Finance Advisors LLC increased its stake in JBS by 41.9% during the 4th quarter. Farther Finance Advisors LLC now owns 4,142 shares of the company’s stock worth $60,000 after purchasing an additional 1,223 shares in the last quarter. Finally, Parallel Advisors LLC bought a new stake in JBS during the 3rd quarter worth approximately $61,000.

JBS Price Performance

Shares of JBS opened at $13.27 on Thursday. The stock has a market capitalization of $10.30 billion and a P/E ratio of 8.35. Jbs N.V. has a twelve month low of $12.37 and a twelve month high of $18.65. The company has a 50 day moving average of $16.01 and a 200-day moving average of $15.30. The company has a quick ratio of 0.77, a current ratio of 1.50 and a debt-to-equity ratio of 2.42.

JBS (NYSE:JBS) last released its earnings results on Tuesday, May 12th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.08). The firm had revenue of $21.61 billion during the quarter. JBS had a net margin of 1.98% and a return on equity of 19.28%. JBS’s revenue was up 10.7% compared to the same quarter last year. As a group, equities research analysts forecast that Jbs N.V. will post 1.45 EPS for the current fiscal year.

JBS Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Monday, May 18th will be given a $1.00 dividend. The ex-dividend date of this dividend is Monday, May 18th. JBS’s dividend payout ratio (DPR) is 62.89%.

Analyst Ratings Changes

A number of analysts recently issued reports on JBS shares. Barclays lowered their target price on JBS from $23.00 to $21.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. UBS Group set a $17.00 price target on shares of JBS in a research note on Tuesday, May 19th. JPMorgan Chase & Co. cut shares of JBS from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $20.50 to $18.50 in a research note on Thursday, May 14th. Mizuho raised shares of JBS to a “strong-buy” rating in a research note on Friday, April 10th. Finally, Weiss Ratings raised shares of JBS from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 18th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $19.00.

JBS 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.