683 Capital Management LLC Grows Holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY)

683 Capital Management LLC increased its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Free Report) by 5.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 885,000 shares of the company's stock after purchasing an additional 44,000 shares during the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria accounts for 0.7% of 683 Capital Management LLC's holdings, making the stock its 28th biggest holding. 683 Capital Management LLC owned approximately 1.47% of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria worth $11,178,000 as of its most recent filing with the SEC.

Several other hedge funds also recently added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. lifted its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 52.0% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 163,400 shares of the company's stock worth $1,421,000 after purchasing an additional 55,900 shares during the last quarter. Systrade AG acquired a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 4th quarter worth approximately $1,848,000. Ping Capital Management Inc. increased its holdings in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 26.3% during the 4th quarter. Ping Capital Management Inc. now owns 145,300 shares of the company's stock valued at $1,835,000 after purchasing an additional 30,300 shares in the last quarter. Crocodile Capital Partners GmbH acquired a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 4th quarter valued at $1,010,000. Finally, Meixler Investment Management Ltd. boosted its holdings 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 buying an additional 2,071 shares in the last quarter. 12.90% of the stock is currently owned by institutional investors.

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

NASDAQ:CRESY traded up $0.11 during trading hours on Wednesday, reaching $10.91. 60,318 shares of the company were exchanged, compared to its average volume of 205,924. The stock's 50-day moving average is $10.94 and its 200-day moving average is $11.53. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a twelve month low of $6.56 and a twelve month high of $14.23. The firm has a market cap of $660.11 million, a PE ratio of -10.09 and a beta of 1.11. The company has a current ratio of 1.09, a quick ratio of 0.85 and a debt-to-equity ratio of 0.30.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Get Free Report) last issued its quarterly earnings results on Monday, February 10th. The company reported ($0.32) earnings per share 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%.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Company Profile

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.