MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Buys 499,295 Shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Free Report) by 111.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 948,270 shares of the company's stock after buying an additional 499,295 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 1.57% of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria worth $11,977,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of CRESY. Systrade AG acquired a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the fourth quarter valued at about $1,848,000. Crocodile Capital Partners GmbH bought a new position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the fourth quarter valued at about $1,010,000. Ping Capital Management Inc. raised its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 26.3% in the fourth quarter. Ping Capital Management Inc. now owns 145,300 shares of the company's stock valued at $1,835,000 after purchasing an additional 30,300 shares during the last quarter. Meixler Investment Management Ltd. raised its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 4.3% in the fourth quarter. Meixler Investment Management Ltd. now owns 49,741 shares of the company's stock valued at $628,000 after purchasing an additional 2,071 shares during the last quarter. Finally, Tower Research Capital LLC TRC bought a new position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the fourth quarter valued at about $38,000. 12.90% of the stock is owned by institutional investors and hedge funds.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Trading Up 1.5%

NASDAQ CRESY traded up $0.18 on Thursday, hitting $11.90. The company's stock had a trading volume of 82,207 shares, compared to its average volume of 206,135. The company has a quick ratio of 0.85, a current ratio of 1.09 and a debt-to-equity ratio of 0.30. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 1-year low of $6.56 and a 1-year high of $14.23. The company's 50-day moving average is $11.17 and its 200 day moving average is $11.68. The firm has a market cap of $720.01 million, a PE ratio of -11.02 and a beta of 1.11.

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

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria from a "sell" rating to a "hold" rating in a research report on Thursday, May 15th.

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.