Jane Street Group LLC Has $1.48 Million Position in Adecoagro S.A. (NYSE:AGRO)

Jane Street Group LLC increased its position in shares of Adecoagro S.A. (NYSE:AGRO - Free Report) by 193.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 156,886 shares of the company's stock after acquiring an additional 103,378 shares during the quarter. Jane Street Group LLC owned about 0.15% of Adecoagro worth $1,479,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of AGRO. R Squared Ltd bought a new stake in shares of Adecoagro in the fourth quarter worth about $70,000. OLD Mission Capital LLC bought a new stake in Adecoagro during the 4th quarter worth approximately $108,000. Dynamic Technology Lab Private Ltd bought a new position in Adecoagro in the fourth quarter valued at approximately $126,000. Blue Trust Inc. lifted its stake in Adecoagro by 87.2% in the fourth quarter. Blue Trust Inc. now owns 13,709 shares of the company's stock valued at $129,000 after buying an additional 6,387 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Adecoagro in the fourth quarter valued at approximately $163,000. Institutional investors and hedge funds own 45.25% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on AGRO. Bank of America lowered shares of Adecoagro from a "buy" rating to an "underperform" rating and dropped their price objective for the stock from $12.00 to $10.80 in a report on Friday, April 25th. Wall Street Zen lowered Adecoagro from a "buy" rating to a "hold" rating in a report on Thursday, February 20th. Morgan Stanley cut shares of Adecoagro from an "equal weight" rating to an "underweight" rating and decreased their price target for the stock from $13.00 to $10.00 in a research note on Monday, April 28th. Finally, UBS Group cut their price objective on shares of Adecoagro from $10.50 to $9.90 and set a "neutral" rating on the stock in a research report on Tuesday, April 29th. Two research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. According to data from MarketBeat.com, Adecoagro presently has a consensus rating of "Hold" and an average price target of $10.55.

Adecoagro Stock Up 0.1%

AGRO traded up $0.01 on Friday, hitting $9.51. 284,192 shares of the company were exchanged, compared to its average volume of 841,568. The stock's fifty day moving average is $10.29 and its 200-day moving average is $10.27. Adecoagro S.A. has a 12 month low of $8.45 and a 12 month high of $12.08. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.09 and a current ratio of 2.40. The company has a market cap of $950.43 million, a PE ratio of 6.34, a PEG ratio of 1.43 and a beta of 0.74.

Adecoagro Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Friday, May 16th. Stockholders of record on Friday, May 2nd were issued a $0.175 dividend. This represents a dividend yield of 3%. The ex-dividend date was Friday, May 2nd. This is an increase from Adecoagro's previous semi-annual dividend of $0.17. Adecoagro's dividend payout ratio is presently 56.45%.

Adecoagro Profile

Adecoagro SA operates as an agro-industrial company in South America. The company mainly operates through three segments: Farming; Sugar, Ethanol and Energy; and Land Transformation. It engages in farming crops, rice and other agricultural products, dairy operations, and land transformation activities, as well as sugar, ethanol, and energy production activities.