Systrade AG lifted its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Free Report) by 19.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 174,912 shares of the company's stock after acquiring an additional 28,631 shares during the period. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria accounts for approximately 2.7% of Systrade AG's holdings, making the stock its 4th biggest holding. Systrade AG owned 0.29% of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria worth $1,933,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the business. GAMMA Investing LLC lifted its stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 942.7% in the first quarter. GAMMA Investing LLC now owns 67,272 shares of the company's stock worth $743,000 after purchasing an additional 60,820 shares during the last quarter. Comprehensive Money Management Services LLC bought a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the fourth quarter worth about $966,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 111.2% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 948,270 shares of the company's stock worth $11,977,000 after purchasing an additional 499,295 shares during the last quarter. Glenorchy Capital Ltd lifted its stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 24.2% in the fourth quarter. Glenorchy Capital Ltd now owns 351,183 shares of the company's stock worth $4,435,000 after purchasing an additional 68,442 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake 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 worth $103,000 after purchasing an additional 6,679 shares during the last quarter. Institutional investors own 12.90% of the company's stock.
Analysts Set New Price Targets
Separately, Wall Street Zen raised shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria from a "sell" rating to a "hold" rating in a research note on Thursday, May 15th.
Read Our Latest Stock Report on Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Trading Down 0.2%
NASDAQ CRESY traded down $0.02 during trading on Friday, hitting $11.21. The stock had a trading volume of 335,826 shares, compared to its average volume of 206,538. 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 stock has a market capitalization of $678.26 million, a price-to-earnings ratio of -10.38 and a beta of 1.13. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a one year low of $6.56 and a one year high of $14.23. The stock has a 50 day simple moving average of $11.36 and a 200 day simple moving average of $11.82.
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 earnings per share (EPS) 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 net margin of 5.78% and a negative return on equity of 2.40%.
About Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria
(
Free Report)
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.
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