BNP Paribas Financial Markets Has $112,000 Stock Position in IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS)

BNP Paribas Financial Markets trimmed its position in IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS - Free Report) by 92.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,500 shares of the financial services provider's stock after selling 90,916 shares during the quarter. BNP Paribas Financial Markets' holdings in IRSA Inversiones y Representaciones Sociedad Anónima were worth $112,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of IRS. JPMorgan Chase & Co. lifted its holdings in IRSA Inversiones y Representaciones Sociedad Anónima by 70.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,014 shares of the financial services provider's stock valued at $228,000 after purchasing an additional 8,258 shares during the last quarter. Invesco Ltd. lifted its stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima by 95.1% during the 4th quarter. Invesco Ltd. now owns 52,790 shares of the financial services provider's stock worth $788,000 after buying an additional 25,738 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima during the 4th quarter worth about $196,000. Stokes Family Office LLC grew its stake in IRSA Inversiones y Representaciones Sociedad Anónima by 3.6% in the 4th quarter. Stokes Family Office LLC now owns 46,416 shares of the financial services provider's stock valued at $693,000 after buying an additional 1,611 shares during the last quarter. Finally, Pictet Asset Management Holding SA acquired a new position in IRSA Inversiones y Representaciones Sociedad Anónima in the 4th quarter valued at about $72,000. 45.46% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded shares of IRSA Inversiones y Representaciones Sociedad Anónima from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd.

IRSA Inversiones y Representaciones Sociedad Anónima Stock Performance

IRS traded down $0.23 during trading on Wednesday, hitting $15.00. The stock had a trading volume of 154,675 shares, compared to its average volume of 160,540. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.93 and a quick ratio of 0.93. The company has a 50 day moving average price of $14.19 and a 200-day moving average price of $14.65. IRSA Inversiones y Representaciones Sociedad Anónima has a one year low of $7.92 and a one year high of $17.67. The firm has a market cap of $1.14 billion, a price-to-earnings ratio of -3.51 and a beta of 1.43.

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS - Get Free Report) last announced its earnings results on Tuesday, May 6th. The financial services provider reported $0.89 earnings per share (EPS) for 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%. The company had revenue of $117.45 million during the quarter.

IRSA Inversiones y Representaciones Sociedad Anónima Company 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.