Peoples Bank OH Acquires New Shares in JBS N.V. $JBS

Peoples Bank OH acquired a new stake in JBS N.V. (NYSE:JBS) in the second quarter, according to its most recent filing with the SEC. The fund acquired 12,500 shares of the company’s stock, valued at approximately $183,000.

A number of other hedge funds have also bought and sold shares of JBS. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new position in JBS in the 2nd quarter valued at approximately $256,000. GAMMA Investing LLC purchased a new position in shares of JBS during the 2nd quarter valued at $53,000. Public Employees Retirement System of Ohio purchased a new position in shares of JBS during the 2nd quarter valued at $296,000. Kathmere Capital Management LLC purchased a new position in shares of JBS during the 2nd quarter valued at $261,000. Finally, Signaturefd LLC purchased a new position in shares of JBS during the 2nd quarter valued at $277,000.

JBS Stock Down 2.3%

NYSE JBS opened at $14.36 on Friday. The company has a quick ratio of 0.76, a current ratio of 1.54 and a debt-to-equity ratio of 2.15. The stock’s fifty day moving average is $15.02. JBS N.V. has a 52-week low of $12.83 and a 52-week high of $17.80.

Analysts Set New Price Targets

A number of research analysts have recently commented on JBS shares. JPMorgan Chase & Co. boosted their price target on shares of JBS from $20.50 to $21.00 and gave the company an “overweight” rating in a research report on Wednesday, September 3rd. Weiss Ratings restated a “buy (b)” rating on shares of JBS in a research report on Saturday, September 27th. Stephens restated an “overweight” rating and set a $19.00 price target on shares of JBS in a research report on Friday, August 15th. Santander started coverage on shares of JBS in a research report on Thursday, August 14th. They set a “neutral” rating for the company. Finally, BMO Capital Markets started coverage on shares of JBS in a research report on Thursday, June 26th. They set an “outperform” rating for the company. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $20.00.

About JBS

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.