Ovata Capital Management Ltd Cuts Stock Holdings in Jbs N.V. $JBS

Ovata Capital Management Ltd cut its stake in shares of Jbs N.V. (NYSE:JBS) by 77.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm 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 made changes to their positions in the company. JPMorgan Chase & Co. acquired a new position in JBS in the second quarter valued at $161,969,000. Banco BTG Pactual S.A. purchased a new stake in JBS during the third quarter valued at about $143,175,000. Ameriprise Financial Inc. increased its stake in JBS by 23,891.7% during the third quarter. Ameriprise Financial Inc. now owns 6,583,073 shares of the company’s stock worth $98,285,000 after acquiring an additional 6,555,634 shares during the last quarter. State Street Corp purchased a new position in shares of JBS in the 2nd quarter worth about $84,109,000. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of JBS by 952.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,954,267 shares of the company’s stock worth $59,037,000 after purchasing an additional 3,578,483 shares during the period.

JBS Trading Up 0.6%

Shares of NYSE JBS opened at $15.38 on Wednesday. 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 1-year low of $12.37 and a 1-year high of $17.80. The business has a 50-day moving average of $15.59 and a 200-day moving average of $14.69.

JBS News Roundup

Here are the key news stories impacting JBS this week:

• 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

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on JBS shares. Zacks Research cut JBS from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. UBS Group upgraded shares of JBS to a “strong-buy” rating in a report on Friday, February 6th. Santander raised shares of JBS from a “neutral” rating to an “outperform” rating in a research report on Thursday, December 11th. Weiss Ratings upgraded shares of JBS from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 4th. Finally, The Goldman Sachs Group set a $18.50 price objective on shares of JBS in a research report on Wednesday, November 26th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $19.40.

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.