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Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Share Price Passes Above Fifty Day Moving Average - Here's What Happened

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Key Points

  • Shares passed above its 50-day moving average — the 50‑day MA is $4.07, the stock traded as high as $4.20 and last traded at $4.125 with ~47,033 shares changing hands.
  • Analyst consensus is "Reduce" with one Hold and one Sell rating; Weiss Ratings reiterated a Sell while Wall Street Zen upgraded the stock to Hold.
  • Institutional ownership is low at 1.15%, though recent activity includes Windmill Hill doubling its stake to 141,796 shares and new positions from BTG Pactual, SmartHarvest, ERn Financial and EverSource.
  • MarketBeat previews top five stocks to own in June.

Shares of Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND - Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $4.07 and traded as high as $4.20. Brasilagro Cia Brasileira De Propriedades Agricolas shares last traded at $4.1250, with a volume of 47,033 shares changing hands.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on LND shares. Weiss Ratings restated a "sell (d)" rating on shares of Brasilagro Cia Brasileira De Propriedades Agricolas in a research report on Friday, March 27th. Wall Street Zen upgraded Brasilagro Cia Brasileira De Propriedades Agricolas to a "hold" rating in a research report on Saturday, February 14th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Brasilagro Cia Brasileira De Propriedades Agricolas presently has a consensus rating of "Reduce".

Get Our Latest Analysis on Brasilagro Cia Brasileira De Propriedades Agricolas

Brasilagro Cia Brasileira De Propriedades Agricolas Stock Performance

The business has a fifty day moving average of $4.07 and a 200 day moving average of $3.84. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.61 and a quick ratio of 0.72.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Windmill Hill Asset Management Ltd lifted its holdings in Brasilagro Cia Brasileira De Propriedades Agricolas by 100.0% in the fourth quarter. Windmill Hill Asset Management Ltd now owns 141,796 shares of the company's stock valued at $508,000 after acquiring an additional 70,898 shares during the last quarter. Banco BTG Pactual S.A. acquired a new position in Brasilagro Cia Brasileira De Propriedades Agricolas in the fourth quarter valued at approximately $265,000. SmartHarvest Portfolios LLC acquired a new position in Brasilagro Cia Brasileira De Propriedades Agricolas in the fourth quarter valued at approximately $68,000. ERn Financial LLC acquired a new position in Brasilagro Cia Brasileira De Propriedades Agricolas in the third quarter valued at approximately $50,000. Finally, EverSource Wealth Advisors LLC acquired a new position in Brasilagro Cia Brasileira De Propriedades Agricolas in the second quarter valued at approximately $37,000. 1.15% of the stock is currently owned by institutional investors and hedge funds.

About Brasilagro Cia Brasileira De Propriedades Agricolas

(Get Free Report)

Brasilagro Cia Brasileira De Propriedades Agrícolas is a Brazil-based agribusiness company focused on the acquisition, development and commercialization of agricultural land in key farming regions across the country. The company’s core activities include identifying undervalued or underutilized rural properties, implementing infrastructure improvements and modern farming practices, and either operating the land directly or selling it to third parties. Brasilagro’s land bank spans several states in Brazil, with holdings in Maranhão, Bahia, Tocantins, Goiás and Mato Grosso, among others.

In its agricultural operations, Brasilagro cultivates a variety of crops such as soybeans, corn and cotton, leveraging advances in crop genetics, irrigation and soil management to enhance productivity and sustainability.

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