Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. cut its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Free Report) by 13.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 141,900 shares of the company's stock after selling 21,500 shares during the quarter. B. Riley Wealth Advisors Inc. owned 0.24% of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria worth $1,792,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ping Capital Management Inc. lifted its holdings 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 worth $1,835,000 after buying an additional 30,300 shares in the last quarter. Meixler Investment Management Ltd. increased its position in shares of 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 acquiring an additional 2,071 shares during the period. Tower Research Capital LLC TRC acquired a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the fourth quarter valued at $38,000. 683 Capital Management LLC raised its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 5.2% in the fourth quarter. 683 Capital Management LLC now owns 885,000 shares of the company's stock valued at $11,178,000 after acquiring an additional 44,000 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 464.8% in the fourth 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 during the period. Hedge funds and other institutional investors own 12.90% of the company's stock.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria from a "sell" rating to a "hold" rating in a report on Thursday, May 15th.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Stock Down 1.4%

Shares of CRESY stock traded down $0.17 during trading hours on Thursday, reaching $12.24. 173,065 shares of the stock were exchanged, compared to its average volume of 206,096. The business's fifty day moving average is $11.29 and its two-hundred day moving average is $11.76. The firm has a market capitalization of $740.58 million, a P/E ratio of -11.33 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. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.09 and a quick ratio of 0.85.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $1.18 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%. The company had revenue of $189.16 million for the quarter.

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.