683 Capital Management LLC Purchases 44,000 Shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY)

683 Capital Management LLC increased its holdings in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Free Report) by 5.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 885,000 shares of the company's stock after purchasing an additional 44,000 shares during the period. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria accounts for approximately 0.7% of 683 Capital Management LLC's holdings, making the stock its 28th largest position. 683 Capital Management LLC owned about 1.47% of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria worth $11,178,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Meixler Investment Management Ltd. boosted its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 4.3% during the fourth quarter. Meixler Investment Management Ltd. now owns 49,741 shares of the company's stock worth $628,000 after purchasing an additional 2,071 shares during the period. Tower Research Capital LLC TRC bought a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 4th quarter worth about $38,000. GAMMA Investing LLC grew its stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 238.3% in the 4th quarter. GAMMA Investing LLC now owns 6,452 shares of the company's stock valued at $81,000 after buying an additional 4,545 shares during the last quarter. Ping Capital Management Inc. lifted its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 26.3% during the fourth quarter. Ping Capital Management Inc. now owns 145,300 shares of the company's stock worth $1,835,000 after acquiring an additional 30,300 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. boosted its holdings in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 52.0% during the third quarter. B. Riley Wealth Advisors Inc. now owns 163,400 shares of the company's stock worth $1,421,000 after acquiring an additional 55,900 shares during the period. Institutional investors and hedge funds own 12.90% of the company's stock.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Stock Performance

Shares of NASDAQ CRESY traded up $0.08 during trading hours on Friday, reaching $10.91. 94,761 shares of the stock were exchanged, compared to its average volume of 208,457. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.85 and a current ratio of 1.09. The stock's fifty day simple moving average is $10.94 and its 200 day simple moving average is $11.51. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 52 week low of $6.56 and a 52 week high of $14.23. The firm has a market capitalization of $660.11 million, a price-to-earnings ratio of -10.10 and a beta of 1.11.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Get Free Report) last announced its earnings results on Monday, February 10th. The company reported ($0.32) earnings per share (EPS) for the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a negative net margin of 5.78% and a negative return on equity of 2.40%.

About Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, engages in the production of agricultural commodities in Brazil and other Latin American countries. The company operates through Agricultural Business, and Business Urban Properties and Investments segments.