Northern Trust Corp Buys New Stake in BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (NYSE:LND)

Northern Trust Corp acquired a new stake in shares of BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (NYSE:LND - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 138,149 shares of the company's stock, valued at approximately $499,000. Northern Trust Corp owned 0.13% of BrasilAgro - Companhia Brasileira de Propriedades Agrícolas as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LND. Grace & White Inc. NY raised its position in BrasilAgro - Companhia Brasileira de Propriedades Agrícolas by 38.8% in the fourth quarter. Grace & White Inc. NY now owns 817,057 shares of the company's stock worth $2,950,000 after acquiring an additional 228,488 shares during the period. SBI Securities Co. Ltd. bought a new position in BrasilAgro - Companhia Brasileira de Propriedades Agrícolas in the fourth quarter worth approximately $71,000. Signaturefd LLC raised its position in BrasilAgro - Companhia Brasileira de Propriedades Agrícolas by 976.7% in the fourth quarter. Signaturefd LLC now owns 21,049 shares of the company's stock worth $76,000 after acquiring an additional 19,094 shares during the period. Virtu Financial LLC bought a new position in BrasilAgro - Companhia Brasileira de Propriedades Agrícolas in the fourth quarter worth approximately $87,000. Finally, Quadrant Capital Group LLC raised its position in BrasilAgro - Companhia Brasileira de Propriedades Agrícolas by 227.9% in the fourth quarter. Quadrant Capital Group LLC now owns 30,841 shares of the company's stock worth $111,000 after acquiring an additional 21,435 shares during the period. Institutional investors own 1.15% of the company's stock.

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas Price Performance

Shares of NYSE LND traded up $0.03 during midday trading on Monday, reaching $3.81. The stock had a trading volume of 55,443 shares, compared to its average volume of 39,299. The stock has a 50-day moving average of $3.79 and a 200-day moving average of $3.79. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.80 and a current ratio of 1.69. The company has a market capitalization of $391.22 million, a price-to-earnings ratio of 7.33 and a beta of 0.50. BrasilAgro - Companhia Brasileira de Propriedades Agrícolas has a 12-month low of $3.49 and a 12-month high of $5.14.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of BrasilAgro - Companhia Brasileira de Propriedades Agrícolas from a "sell" rating to a "hold" rating in a research report on Monday, May 12th.

About BrasilAgro - Companhia Brasileira de Propriedades Agrícolas

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas engages in the acquisition, development, exploration, and sale of rural properties suitable for agricultural activities in Brazil and internationally. It operates through six segments: Real Estate, Grains, Sugarcane, livestock, Cotton, and Other.