Sapient Capital LLC bought a new position in shares of Adecoagro S.A. (NYSE:AGRO - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 206,627 shares of the company's stock, valued at approximately $2,294,000. Sapient Capital LLC owned 0.19% of Adecoagro at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Activest Wealth Management acquired a new position in Adecoagro during the third quarter worth $46,000. NBC Securities Inc. purchased a new stake in shares of Adecoagro during the third quarter worth about $54,000. PEAK6 Investments LLC acquired a new position in shares of Adecoagro during the 1st quarter worth about $82,000. Pathstone Family Office LLC acquired a new position in shares of Adecoagro during the 3rd quarter worth about $87,000. Finally, HighTower Advisors LLC purchased a new position in Adecoagro in the 4th quarter valued at about $90,000. Hedge funds and other institutional investors own 45.25% of the company's stock.
Adecoagro Price Performance
Shares of NYSE AGRO traded down $0.53 during mid-day trading on Friday, reaching $11.10. The company's stock had a trading volume of 845,539 shares, compared to its average volume of 507,582. The stock has a market capitalization of $1.18 billion, a P/E ratio of 5.34 and a beta of 1.12. Adecoagro S.A. has a 1-year low of $7.93 and a 1-year high of $12.51. The stock has a 50-day moving average of $10.39 and a two-hundred day moving average of $10.72. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.20 and a current ratio of 2.14.
Adecoagro (NYSE:AGRO - Get Free Report) last released its earnings results on Thursday, March 14th. The company reported ($0.15) earnings per share for the quarter. Adecoagro had a return on equity of 10.86% and a net margin of 17.42%. The business had revenue of $263.95 million during the quarter. On average, equities research analysts anticipate that Adecoagro S.A. will post 1.69 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered Adecoagro from a "buy" rating to a "hold" rating in a research note on Wednesday, April 3rd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $11.56.
View Our Latest Stock Analysis on AGRO
About Adecoagro
(
Free Report)
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.
Recommended Stories
Before you consider Adecoagro, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Adecoagro wasn't on the list.
While Adecoagro currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
