Y Intercept Hong Kong Ltd Sells 26,190 Shares of Pilgrim’s Pride Corporation $PPC

Posted by on Jul 10th, 2026

Y Intercept Hong Kong Ltd lowered its position in Pilgrim’s Pride Corporation (NASDAQ:PPC – Free Report) by 35.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 47,273 shares of the company’s stock after selling 26,190 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Pilgrim’s Pride were worth $1,785,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bridgefront Capital LLC bought a new stake in shares of Pilgrim’s Pride in the third quarter valued at approximately $1,162,000. Algert Global LLC boosted its holdings in Pilgrim’s Pride by 140.1% in the 3rd quarter. Algert Global LLC now owns 271,947 shares of the company’s stock worth $11,074,000 after buying an additional 158,688 shares during the period. Magnetar Financial LLC bought a new position in Pilgrim’s Pride in the 3rd quarter worth approximately $2,960,000. Aquatic Capital Management LLC purchased a new position in Pilgrim’s Pride in the 3rd quarter valued at approximately $4,076,000. Finally, SG Americas Securities LLC purchased a new position in Pilgrim’s Pride in the 4th quarter valued at approximately $1,202,000. 16.64% of the stock is currently owned by institutional investors.

Pilgrim’s Pride Stock Performance

NASDAQ PPC opened at $27.41 on Friday. The company’s 50 day simple moving average is $28.75 and its two-hundred day simple moving average is $35.47. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 0.73. Pilgrim’s Pride Corporation has a 1 year low of $26.50 and a 1 year high of $50.56. The stock has a market capitalization of $6.52 billion, a PE ratio of 7.35 and a beta of 0.29.

Pilgrim’s Pride (NASDAQ:PPC – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.69 by ($0.18). The firm had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.43 billion. Pilgrim’s Pride had a return on equity of 28.57% and a net margin of 4.78%.The company’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.31 EPS. Analysts predict that Pilgrim’s Pride Corporation will post 3.01 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

PPC has been the topic of several recent research reports. Stephens set a $40.00 target price on Pilgrim’s Pride in a research report on Wednesday, April 15th. Bank of America reduced their price target on Pilgrim’s Pride from $37.00 to $30.00 and set a “neutral” rating for the company in a research report on Thursday, July 2nd. BMO Capital Markets decreased their price objective on Pilgrim’s Pride from $42.00 to $40.00 and set a “market perform” rating on the stock in a research note on Wednesday, March 25th. Barclays raised Pilgrim’s Pride from an “equal weight” rating to an “overweight” rating and dropped their price objective for the stock from $45.00 to $42.00 in a report on Friday, May 1st. Finally, The Goldman Sachs Group cut their target price on Pilgrim’s Pride from $44.00 to $39.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Pilgrim’s Pride has an average rating of “Hold” and an average price target of $36.83.

Read Our Latest Report on Pilgrim’s Pride

Pilgrim’s Pride Company Profile

(Free Report)

Pilgrim’s Pride Corporation is a leading poultry producer in the United States and Mexico and a wholly owned subsidiary of JBS SA Headquartered in Greeley, Colorado, and Pittsburg, Texas, the company specializes in the production, processing and distribution of fresh, frozen and value-added chicken products. Pilgrim’s Pride serves a diverse customer base that includes retail grocery chains, foodservice distributors and restaurant operators across North America and in select international markets.

The company’s vertically integrated operations encompass breeding, hatching, feed milling, processing plants and cold storage facilities.

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Institutional Ownership by Quarter for Pilgrim's Pride (NASDAQ:PPC)

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