Glenorchy Capital Ltd Increases Stock Holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY)

Glenorchy Capital Ltd boosted its holdings in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Free Report) by 24.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 351,183 shares of the company's stock after acquiring an additional 68,442 shares during the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria accounts for 2.6% of Glenorchy Capital Ltd's portfolio, making the stock its 12th biggest holding. Glenorchy Capital Ltd owned about 0.58% of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria worth $4,435,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Meixler Investment Management Ltd. boosted its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 4.3% during the 4th quarter. Meixler Investment Management Ltd. now owns 49,741 shares of the company's stock valued at $628,000 after acquiring an additional 2,071 shares during the period. Tower Research Capital LLC TRC bought a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 4th quarter valued at $38,000. GAMMA Investing LLC raised its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 238.3% during the 4th quarter. GAMMA Investing LLC now owns 6,452 shares of the company's stock valued at $81,000 after purchasing an additional 4,545 shares in the last quarter. Bank of America Corp DE raised its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 464.8% during the 4th quarter. Bank of America Corp DE now owns 8,116 shares of the company's stock valued at $103,000 after purchasing an additional 6,679 shares in the last quarter. Finally, Ping Capital Management Inc. raised its position in 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. Hedge funds and other institutional investors own 12.90% of the company's stock.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Stock Down 2.2%

NASDAQ CRESY traded down $0.26 on Thursday, reaching $11.32. 22,646 shares of the stock traded hands, compared to its average volume of 225,040. 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 company has a fifty day moving average price of $11.04 and a 200-day moving average price of $11.61. The company has a market cap of $684.61 million, a price-to-earnings ratio of -10.48 and a beta of 1.11. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 12 month low of $6.56 and a 12 month high of $14.23.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $1.18 earnings per share for the quarter. The business had revenue of $189.16 million during the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a negative return on equity of 2.40% and a negative net margin of 5.78%.

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