Susquehanna Fundamental Investments LLC Purchases Shares of 152,220 Adecoagro S.A. (NYSE:AGRO)

Susquehanna Fundamental Investments LLC acquired a new stake in Adecoagro S.A. (NYSE:AGRO - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 152,220 shares of the company's stock, valued at approximately $1,435,000. Susquehanna Fundamental Investments LLC owned approximately 0.15% of Adecoagro at the end of the most recent reporting period.

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

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Bank of America cut shares of Adecoagro from a "buy" rating to an "underperform" rating and lowered their price objective for the company from $12.00 to $10.80 in a research note on Friday, April 25th. UBS Group lowered their target price on Adecoagro from $10.50 to $9.90 and set a "neutral" rating on the stock in a report on Tuesday, April 29th. StockNews.com lowered Adecoagro from a "buy" rating to a "hold" rating in a research note on Thursday, February 20th. Finally, 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. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $10.55.

Adecoagro Stock Up 0.9 %

Adecoagro stock traded up $0.08 during midday trading on Tuesday, hitting $8.58. 209,621 shares of the stock were exchanged, compared to its average volume of 839,194. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.40 and a quick ratio of 1.09. The company has a 50 day moving average price of $10.77 and a two-hundred day moving average price of $10.52. The firm has a market cap of $857.44 million, a P/E ratio of 5.73, a P/E/G ratio of 1.43 and a beta of 0.74. Adecoagro S.A. has a 1 year low of $8.44 and a 1 year high of $12.08.

Adecoagro Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Friday, May 16th. Stockholders of record on Friday, May 2nd will be given a dividend of $0.175 per share. The ex-dividend date is Friday, May 2nd. This represents a dividend yield of 3%. This is a positive change from Adecoagro's previous semi-annual dividend of $0.17. Adecoagro's dividend payout ratio is currently 39.33%.

About Adecoagro

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.