515,917 Shares in IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) Purchased by Brevan Howard Capital Management LP

Brevan Howard Capital Management LP acquired a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 515,917 shares of the financial services provider's stock, valued at approximately $7,783,000. Brevan Howard Capital Management LP owned approximately 0.69% of IRSA Inversiones y Representaciones Sociedad Anónima at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in IRSA Inversiones y Representaciones Sociedad Anónima by 379.9% during the 4th quarter. JPMorgan Chase & Co. now owns 96,049 shares of the financial services provider's stock valued at $1,434,000 after acquiring an additional 76,035 shares during the period. Crocodile Capital Partners GmbH purchased a new position in shares of IRSA Inversiones y Representaciones Sociedad Anónima in the fourth quarter valued at about $541,000. Invesco Ltd. raised its stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima by 95.1% during the fourth quarter. Invesco Ltd. now owns 52,790 shares of the financial services provider's stock valued at $788,000 after acquiring an additional 25,738 shares during the last quarter. Ping Capital Management Inc. boosted its holdings in shares of IRSA Inversiones y Representaciones Sociedad Anónima by 27.2% during the fourth quarter. Ping Capital Management Inc. now owns 64,000 shares of the financial services provider's stock worth $956,000 after purchasing an additional 13,700 shares during the period. Finally, XTX Topco Ltd bought a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima in the fourth quarter worth about $196,000. Hedge funds and other institutional investors own 45.46% of the company's stock.

IRSA Inversiones y Representaciones Sociedad Anónima Trading Up 3.2 %

NYSE IRS traded up $0.47 during trading on Friday, hitting $15.21. The company had a trading volume of 180,541 shares, compared to its average volume of 161,903. The company's fifty day moving average is $13.49 and its 200-day moving average is $14.43. IRSA Inversiones y Representaciones Sociedad Anónima has a one year low of $7.92 and a one year high of $17.67. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.15. The company has a market cap of $1.15 billion, a price-to-earnings ratio of -3.56 and a beta of 1.43.

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter. The company had revenue of $117.45 million during the quarter. IRSA Inversiones y Representaciones Sociedad Anónima had a negative net margin of 79.08% and a positive return on equity of 10.23%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded IRSA Inversiones y Representaciones Sociedad Anónima from a "hold" rating to a "buy" rating in a report on Monday, February 17th.

IRSA Inversiones y Representaciones Sociedad Anónima Profile

IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina. It operates through five segments: Shopping Malls, Offices, Hotels, Sales and Developments, and Others. The company is involved in the acquisition, development, and operation of shopping malls, office buildings, and other non-shopping mall properties primarily for rental purposes.