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Rheos Capital Works Inc. has reduced its shares in Pilgrim’s Pride Co (NASDAQ: PPC) by 63.0% in the 3rd quarter, according to a recent disclosure with the SEC. This puts their ownership of the stock at 0.07% worth $3,915,000. Other investors, such as EverSource Wealth Advisors LLC, Cohen & Steers Inc., Creative Planning, and Martingale Asset Management L P, have made purchases or traded shares as well. Pilgrim’s Pride Co. traded at $26.83 on Monday, with 305,900 shares being exchanged. They released their quarterly earnings data on October 25th, reporting $0.58 earnings per share. Research analysts provided varied ratings for the stock, with MarketBeat reporting a consensus of “Moderate Buy” and an average price target of $26.00.

Pilgrim’s Pride Corporation is involved in the production, processing, marketing and distribution of fresh, frozen and value-added chicken, and pork products to retailers, distributors, and foodservice operators. For more information about the company’s latest stock analysis, readers are referred to MarketBeat. Users who want to check out what other hedge funds are holding Pilgrim’s Pride may go to HoldingsChannel.com to get the latest 13F filings and insider trades. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting.



Read more: Rheos Capital Works Inc. Lowers Stock Holdings in Pilgrim’s Pride Co. (NASDAQ:PPC)