Deuterium Capital Management LLC Makes New Investment in Cresud S.A.C.I.F. y A. (NASDAQ:CRESY)

Deuterium Capital Management LLC bought a new position in shares of Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,302 shares of the company’s stock, valued at approximately $114,000.

Several other hedge funds have also recently bought and sold shares of the business. Tower Research Capital LLC TRC bought a new stake in Cresud S.A.C.I.F. y A. during the fourth quarter valued at about $38,000. Ridgewood Investments LLC lifted its stake in shares of Cresud S.A.C.I.F. y A. by 920.0% in the first quarter. Ridgewood Investments LLC now owns 5,100 shares of the company’s stock valued at $56,000 after buying an additional 4,600 shares during the period. Bank of America Corp DE lifted its stake in shares of Cresud S.A.C.I.F. y A. by 464.8% in the fourth quarter. Bank of America Corp DE now owns 8,116 shares of the company’s stock valued at $103,000 after buying an additional 6,679 shares during the period. GAMMA Investing LLC lifted its stake in shares of Cresud S.A.C.I.F. y A. by 942.7% in the first quarter. GAMMA Investing LLC now owns 67,272 shares of the company’s stock valued at $743,000 after buying an additional 60,820 shares during the period. Finally, Comprehensive Money Management Services LLC lifted its stake in Cresud S.A.C.I.F. y A. by 8.5% during the first quarter. Comprehensive Money Management Services LLC now owns 82,942 shares of the company’s stock worth $917,000 after purchasing an additional 6,486 shares during the period. 12.90% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Cresud S.A.C.I.F. y A. from a “hold” rating to a “buy” rating in a report on Saturday, July 12th.

Cresud S.A.C.I.F. y A. Stock Up 2.0%

Shares of NASDAQ CRESY opened at $11.59 on Tuesday. Cresud S.A.C.I.F. y A. has a 52-week low of $6.56 and a 52-week high of $14.23. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.95 and a current ratio of 1.25. The business has a fifty day moving average of $11.18 and a two-hundred day moving average of $11.31. The stock has a market cap of $711.74 million, a PE ratio of 10.08 and a beta of 1.08.

Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) last issued its quarterly earnings data on Thursday, May 8th. The company reported $1.18 earnings per share for the quarter. The firm had revenue of $189.16 million for the quarter. Cresud S.A.C.I.F. y A. had a net margin of 10.10% and a return on equity of 4.42%.

Cresud S.A.C.I.F. y A. 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.