Ovata Capital Management Ltd reduced its stake in shares of Jbs N.V. (NYSE:JBS – Free Report) by 77.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,408 shares of the company’s stock after selling 93,001 shares during the period. Ovata Capital Management Ltd’s holdings in JBS were worth $409,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of JBS. EverSource Wealth Advisors LLC acquired a new position in shares of JBS in the second quarter worth $29,000. Quarry LP acquired a new stake in shares of JBS during the third quarter valued at $34,000. Jones Financial Companies Lllp boosted its stake in shares of JBS by 489.1% during the third quarter. Jones Financial Companies Lllp now owns 2,657 shares of the company’s stock valued at $39,000 after acquiring an additional 2,206 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in JBS during the 3rd quarter worth about $44,000. Finally, MAI Capital Management acquired a new position in JBS in the 2nd quarter valued at about $44,000.
JBS Stock Performance
JBS opened at $15.38 on Wednesday. Jbs N.V. has a 12 month low of $12.37 and a 12 month high of $17.80. The business has a 50-day moving average of $15.59 and a two-hundred day moving average of $14.69. The company has a debt-to-equity ratio of 2.15, a quick ratio of 0.76 and a current ratio of 1.54.
Trending Headlines about JBS
- Positive Sentiment: JBS shifted production ahead of the walkout to soften the immediate operational impact, a move investors see as mitigating short‑term supply disruptions. JBS Beef-Plant Workers Begin Industry’s Largest Strike in Years
- Neutral Sentiment: Commodity-market reaction is mixed: cattle futures eased while soybean markets dropped on unrelated geopolitical concerns, creating offsetting effects on margins and feed costs. Why Cattle Faded the JBS Strike: Soybeans Tank on Fear Over Trump/Xi Meeting
- Negative Sentiment: About 3,800 workers walked off the job at the Greeley plant, a large-scale strike that could tighten beef supply and put upward pressure on wholesale prices if prolonged. JBS strike threatens beef supply as 3,800 workers walk out
- Negative Sentiment: Workers and local reporting allege unsafe working conditions and unfair labor practices, raising reputational and regulatory risk for JBS. Some workers striking at the JBS meatpacking facility say they were put in danger on the job
- Negative Sentiment: The walkout is being characterized as the first large U.S. meatpacking strike in decades, signaling potential for protracted labor negotiations and broader industry implications. JBS workers launch first US meatpacking strike in 40 years, union says
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on the stock. Zacks Research cut shares of JBS from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. The Goldman Sachs Group set a $18.50 price objective on shares of JBS in a research report on Wednesday, November 26th. Santander raised shares of JBS from a “neutral” rating to an “outperform” rating in a research note on Thursday, December 11th. UBS Group upgraded shares of JBS to a “strong-buy” rating in a research report on Friday, February 6th. Finally, Weiss Ratings raised shares of JBS from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $19.40.
Read Our Latest Research Report on JBS
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.
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