IRSA Inversiones Y Representaciones (NYSE:IRS - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a report released on Sunday.
IRSA Inversiones Y Representaciones Trading Down 1.4%
NYSE:IRS opened at $14.71 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.35. IRSA Inversiones Y Representaciones has a 12 month low of $7.93 and a 12 month high of $17.67. The company has a market cap of $1.11 billion, a PE ratio of 9.32 and a beta of 1.41. The company has a 50 day simple moving average of $14.68 and a two-hundred day simple moving average of $14.22.
IRSA Inversiones Y Representaciones (NYSE:IRS - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter. IRSA Inversiones Y Representaciones had a net margin of 25.95% and a return on equity of 7.91%. The firm had revenue of $117.45 million during the quarter.
Institutional Trading of IRSA Inversiones Y Representaciones
Hedge funds have recently made changes to their positions in the business. Ridgewood Investments LLC raised its position in shares of IRSA Inversiones Y Representaciones by 810.8% during the 1st quarter. Ridgewood Investments LLC now owns 4,718 shares of the financial services provider's stock valued at $61,000 after buying an additional 4,200 shares in the last quarter. Pictet Asset Management Holding SA bought a new position in IRSA Inversiones Y Representaciones during the 4th quarter valued at about $72,000. Deuterium Capital Management LLC bought a new position in IRSA Inversiones Y Representaciones during the 1st quarter valued at about $136,000. Jane Street Group LLC bought a new position in IRSA Inversiones Y Representaciones during the 4th quarter valued at about $154,000. Finally, XTX Topco Ltd bought a new position in IRSA Inversiones Y Representaciones during the 4th quarter valued at about $196,000. 45.46% of the stock is currently owned by hedge funds and other institutional investors.
About IRSA Inversiones Y Representaciones
(
Get Free Report)
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.
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