Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Shares Bought by Systrade AG

Systrade AG boosted its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) by 19.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 174,912 shares of the company’s stock after buying an additional 28,631 shares during the period. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria makes up approximately 2.7% of Systrade AG’s portfolio, making the stock its 4th biggest position. Systrade AG owned approximately 0.29% of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria worth $1,933,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Ping Capital Management Inc. grew its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 26.3% in the 4th 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 period. Meixler Investment Management Ltd. lifted its stake in shares of 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 buying an additional 2,071 shares in the last quarter. Tower Research Capital LLC TRC acquired a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the fourth quarter valued at about $38,000. 683 Capital Management LLC grew its holdings in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 5.2% during the fourth quarter. 683 Capital Management LLC now owns 885,000 shares of the company’s stock valued at $11,178,000 after buying an additional 44,000 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 464.8% during the fourth quarter. Bank of America Corp DE now owns 8,116 shares of the company’s stock worth $103,000 after acquiring an additional 6,679 shares in the last quarter. 12.90% of the stock is owned by institutional investors and hedge funds.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Stock Performance

Shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria stock opened at $11.95 on Thursday. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 52 week low of $6.56 and a 52 week high of $14.23. The company has a quick ratio of 0.85, a current ratio of 1.09 and a debt-to-equity ratio of 0.30. The business has a 50 day moving average price of $11.36 and a 200-day moving average price of $11.82. The company has a market cap of $723.03 million, a PE ratio of -11.06 and a beta of 1.11.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) 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 return on equity of 2.40% and a negative net margin of 5.78%. The business had revenue of $189.16 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of 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.