BRF S.A. (BRFS) Forms $6.49 Double Bottom; Soros Fund Management Has Cut Take (TTWO) Stake

June 6, 2018 - By Vivian Park

BRF S.A. (NYSE:BRFS) Logo

BRF S.A. (BRFS) formed double bottom with $6.30 target or 3.00% below today’s $6.49 share price. BRF S.A. (BRFS) has $5.04B valuation. The stock decreased 0.92% or $0.06 during the last trading session, reaching $6.49. About 7.64 million shares traded or 124.61% up from the average. BRF S.A. (NYSE:BRFS) has declined 56.18% since June 6, 2017 and is downtrending. It has underperformed by 68.75% the S&P500. Some Historical BRFS News: ; 16/04/2018 – RISK OF A DIVIDED BOARD AT BRF AFTER SHAREHOLDER MEETING WILL NOT PREVENT STRATEGIC CHANGES; 11/04/2018 – BRF: 3 PEOPLE REQUESTED REMOVAL FROM ALTERNATIVE BOARD SLATE; 02/05/2018 – BRF Filed its Annual Report on Form 20-F for 2017; 03/04/2018 – BRF CHAIRMAN DINIZ IS SAID TO PLAN RESIGNATION APRIL 5: VALOR; 23/05/2018 – BRF:OTHER 9 PLANTS TO BE PARTIALLY OR COMPLETELY PARALYZED WED; 27/04/2018 – PETROS HAS NO INTEREST IN EXIT BRF: MENDES; 16/03/2018 – S&PGR Downgrades BRF To ‘BB+’ From ‘BBB-‘; Outlook Negative; 12/04/2018 – Brazil hopes to mitigate impact of EU chicken ban – minister; 23/04/2018 – Brazil’s Kroton buys rival Somos in education deal worth up to $1.8 bln; 17/04/2018 – BRF BOARD MEMBER LUIZ FERNANDO FURLAN SPEAKS IN CONFERENCE CALL

Soros Fund Management Llc decreased Take (TTWO) stake by 63.94% reported in 2018Q1 SEC filing. Soros Fund Management Llc sold 134,200 shares as Take (TTWO)’s stock declined 2.23%. The Soros Fund Management Llc holds 75,700 shares with $7.40 million value, down from 209,900 last quarter. Take now has $12.96 billion valuation. The stock decreased 0.37% or $0.42 during the last trading session, reaching $113.26. About 2.11M shares traded. Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has risen 42.65% since June 6, 2017 and is uptrending. It has outperformed by 30.08% the S&P500. Some Historical TTWO News: ; 16/05/2018 – TAKE-TWO 4Q ADJ EPS ABOUT 71C, EST. 63C; ADJ REVENUE BEATS EST; 08/05/2018 – Game publisher EA’s first-quarter forecast misses estimates; 16/05/2018 – TAKE-TWO INTERACTIVE SOFTWARE SEES FISCAL YR ENDING MARCH 31, 2019 NET BOOKINGS TO RANGE FROM $2.67 BLN TO $2.77 BLN; 05/03/2018 Take Two et al.: Games Trade Group Defends Against Claims of ‘Real-Life’ Violence — Barron’s Blog; 16/05/2018 – ♫ Reuters Insider – U.S. Day Ahead: Macy’s goes for two quarters of sales growth in a row; 16/05/2018 – TAKE-TWO INTERACTIVE SOFTWARE INC TTWO.O SEES FY 2019 GAAP SHR $1.53 TO $1.80; 16/05/2018 – TAKE-TWO INTERACTIVE SOFTWARE SEES FISCAL YR ENDING MARCH 31, 2019 CAPITAL EXPENDITURES TO BE ABOUT $60 MLN; 18/05/2018 – TAKE-TWO INTERACTIVE SOFTWARE INC – WITH APPOINTMENT OF VIERA, SIZE OF BOARD OF DIRECTORS INCREASES FROM SIX TO SEVEN MEMBERS; 06/04/2018 – Buy Take-Two on the dip because ‘Fortnite’ risk is ‘overblown,’ analyst says; 16/05/2018 – TAKE-TWO INTERACTIVE SOFTWARE QTRLY TOTAL NET BOOKINGS $411.4 MLN VS $407.1 MLN

Since February 15, 2018, it had 0 insider buys, and 4 sales for $52.81 million activity. Slatoff Karl also sold $24.12M worth of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) on Monday, April 2. Sheresky Michael also sold $46,271 worth of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) shares. $4.53M worth of stock was sold by ZELNICK STRAUSS on Friday, May 18.

Among 20 analysts covering Take-Two Interactive Software (NASDAQ:TTWO), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Take-Two Interactive Software had 84 analyst reports since July 28, 2015 according to SRatingsIntel. As per Monday, July 10, the company rating was maintained by Stifel Nicolaus. The firm has “Hold” rating given on Thursday, May 17 by Credit Suisse. On Friday, July 7 the stock rating was maintained by Cowen & Co with “Buy”. Piper Jaffray maintained the shares of TTWO in report on Friday, April 6 with “Buy” rating. The firm earned “Buy” rating on Monday, April 30 by Stifel Nicolaus. Mizuho maintained Take-Two Interactive Software, Inc. (NASDAQ:TTWO) on Friday, November 6 with “Buy” rating. The firm has “Outperform” rating by BMO Capital Markets given on Wednesday, April 27. On Thursday, August 3 the stock rating was maintained by Oppenheimer with “Buy”. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, April 19. On Thursday, February 8 the stock rating was maintained by Robert W. Baird with “Buy”.

Investors sentiment decreased to 1.26 in Q1 2018. Its down 0.01, from 1.27 in 2017Q4. It is negative, as 44 investors sold TTWO shares while 133 reduced holdings. 89 funds opened positions while 134 raised stakes. 103.57 million shares or 5.67% more from 98.01 million shares in 2017Q4 were reported. Tower Rech Capital Limited (Trc) holds 0.03% in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) or 3,156 shares. Advsr Asset Management holds 3,682 shares or 0.01% of its portfolio. Earnest Limited Company has invested 0% in Take-Two Interactive Software, Inc. (NASDAQ:TTWO). Royal Commercial Bank Of Canada accumulated 268,476 shares. Moreover, Crow Point Ptnrs Ltd Liability Corp has 0.01% invested in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) for 365 shares. First Citizens Bancshares holds 0.16% or 11,948 shares. Newbrook Capital Limited Partnership invested 6.94% of its portfolio in Take-Two Interactive Software, Inc. (NASDAQ:TTWO). Gilder Gagnon Howe And Communications Limited Liability Corp holds 415,199 shares. Meeder Asset accumulated 7,023 shares or 0.06% of the stock. 16,000 were reported by Telemus Limited Liability Company. Tpg Group Holding (Sbs) has 24,804 shares. Sei Investments reported 0.09% of its portfolio in Take-Two Interactive Software, Inc. (NASDAQ:TTWO). Strs Ohio has 6,554 shares for 0% of their portfolio. Glenmede Na invested in 122 shares. Price T Rowe Assocs Inc Md invested 0.13% in Take-Two Interactive Software, Inc. (NASDAQ:TTWO).

Soros Fund Management Llc increased Zayo Group Hldgs Inc (NYSE:ZAYO) stake by 450,900 shares to 1.28 million valued at $43.59M in 2018Q1. It also upped Spdr S&P 500 Etf Tr (Put) (SPY) stake by 1.01 million shares and now owns 1.02M shares. Baxter Intl Inc (NYSE:BAX) was raised too.

More notable recent Take-Two Interactive Software, Inc. (NASDAQ:TTWO) news were published by: 247Wallst.com which released: “How Wall Street Misinterpreted Take-Two’s Guidance and Bookings” on May 17, 2018, also Fool.com with their article: “Take-Two Interactive’s Quarter Had 2 Conflicting Tales to Tell” published on May 25, 2018, Seekingalpha.com published: “What To Look For In Take-Two Interactive’s Earnings” on May 08, 2018. More interesting news about Take-Two Interactive Software, Inc. (NASDAQ:TTWO) were released by: Seekingalpha.com and their article: “Take-Two: Betting On The Right Horse” published on May 29, 2018 as well as Fool.com‘s news article titled: “The “Interactive” Part of Take-Two Interactive Is Where Its Big Wins Are Coming From” with publication date: May 29, 2018.

Analysts await Take-Two Interactive Software, Inc. (NASDAQ:TTWO) to report earnings on August, 1. They expect $-0.04 EPS, down 109.09% or $0.48 from last year’s $0.44 per share. After $0.52 actual EPS reported by Take-Two Interactive Software, Inc. for the previous quarter, Wall Street now forecasts -107.69% negative EPS growth.

Analysts await BRF S.A. (NYSE:BRFS) to report earnings on August, 9. They expect $0.02 EPS, up 128.57% or $0.09 from last year’s $-0.07 per share. BRFS’s profit will be $15.54M for 81.13 P/E if the $0.02 EPS becomes a reality. After $-0.05 actual EPS reported by BRF S.A. for the previous quarter, Wall Street now forecasts -140.00% EPS growth.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Institutional Positions Chart

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