Harel Insurance Investments & Financial Services Ltd. boosted its position in BRF S.A. (NYSE:BRFS) by 147.6% during the second quarter, Holdings Channel reports. The fund owned 29,859 shares of the company’s stock after buying an additional 17,800 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in BRF were worth $339,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Credit Agricole S A increased its position in BRF by 521.3% in the first quarter. Credit Agricole S A now owns 2,585,312 shares of the company’s stock worth $55,027,000 after buying an additional 2,169,212 shares in the last quarter. Morgan Stanley increased its position in BRF by 6,463.3% in the first quarter. Morgan Stanley now owns 1,866,137 shares of the company’s stock worth $22,861,000 after buying an additional 1,837,704 shares in the last quarter. Macquarie Group Ltd. increased its position in BRF by 59.2% in the first quarter. Macquarie Group Ltd. now owns 4,377,091 shares of the company’s stock worth $53,621,000 after buying an additional 1,626,854 shares in the last quarter. Bank of America Corp DE increased its position in BRF by 835.0% in the first quarter. Bank of America Corp DE now owns 1,458,131 shares of the company’s stock worth $17,862,000 after buying an additional 1,302,181 shares in the last quarter. Finally, Credit Suisse AG increased its position in BRF by 2,436.9% in the first quarter. Credit Suisse AG now owns 1,193,525 shares of the company’s stock worth $14,621,000 after buying an additional 1,146,479 shares in the last quarter. Institutional investors and hedge funds own 9.41% of the company’s stock.

BRF S.A. (BRFS) opened at 12.24 on Friday. The firm has a 50-day moving average price of $11.92 and a 200-day moving average price of $12.75. BRF S.A. has a 1-year low of $10.60 and a 1-year high of $18.12. The company’s market capitalization is $9.78 billion.

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A number of research firms have weighed in on BRFS. BidaskClub downgraded BRF from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 25th. Barclays PLC began coverage on BRF in a research note on Tuesday, June 6th. They issued an “equal weight” rating and a $14.00 price target for the company. Zacks Investment Research upgraded BRF from a “sell” rating to a “hold” rating in a research note on Monday, May 29th. Citigroup Inc. downgraded BRF from a “buy” rating to a “neutral” rating in a research note on Monday, July 10th. Finally, Bank of America Corporation restated a “buy” rating on shares of BRF in a research note on Thursday, May 25th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. BRF has an average rating of “Hold” and an average price target of $14.00.

About BRF

BRF SA is a multinational Brazilian company that owns a diverse portfolio of products and is a producer of foods. The Company’s segments include Brazil, Latin America (LATAM), Europe, Middle East and North of Africa (MENA), Asia, Africa and Other Segments. These segments include sales of all distribution channels and operations subdivided in to poultry, pork and other, processed, and other sales.

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Institutional Ownership by Quarter for BRF (NYSE:BRFS)

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