Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) is Systrade AG's 4th Largest Position

Systrade AG boosted its stake 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 disclosure with the Securities and Exchange Commission (SEC). 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 comprises approximately 2.7% of Systrade AG's portfolio, making the stock its 4th largest position. Systrade AG owned approximately 0.29% of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria worth $1,933,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tower Research Capital LLC TRC purchased a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the fourth quarter valued at approximately $38,000. Bank of America Corp DE raised its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 464.8% in 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 during the last quarter. Meixler Investment Management Ltd. boosted its stake 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 worth $628,000 after purchasing an additional 2,071 shares during the period. GAMMA Investing LLC boosted its stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 942.7% during the 1st 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 period. Finally, Comprehensive Money Management Services LLC purchased a new position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 4th quarter worth $966,000. 12.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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 report on Thursday, May 15th.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Stock Performance

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria stock traded down $0.72 during mid-day trading on Thursday, reaching $11.23. 375,158 shares of the company were exchanged, compared to its average volume of 206,267. The firm's 50-day simple moving average is $11.36 and its two-hundred day simple moving average is $11.82. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a twelve month low of $6.56 and a twelve month high of $14.23. The firm has a market cap of $679.47 million, a PE ratio of -10.40 and a beta of 1.11. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.85 and a current ratio of 1.09.

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