BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Raised to Hold at StockNews.com

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) was upgraded by equities researchers at StockNews.com from a “sell” rating to a “hold” rating in a research note issued on Monday.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Stock Down 1.1 %

Shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock opened at $4.64 on Monday. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a 1 year low of $4.40 and a 1 year high of $6.00. The company has a market cap of $476.45 million, a P/E ratio of 8.91 and a beta of 0.83. The company has a current ratio of 2.09, a quick ratio of 1.24 and a debt-to-equity ratio of 0.36. The stock has a 50-day moving average price of $4.71 and a 200 day moving average price of $4.81.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last posted its quarterly earnings results on Tuesday, September 3rd. The company reported $0.44 earnings per share (EPS) for the quarter. The company had revenue of $105.87 million during the quarter.

Hedge Funds Weigh In On BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

A hedge fund recently raised its stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock. Renaissance Technologies LLC boosted its position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) by 12.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 72,735 shares of the company’s stock after purchasing an additional 8,235 shares during the period. Renaissance Technologies LLC owned 0.07% of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas worth $335,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 1.15% of the company’s stock.

About BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas engages in the acquisition, development, exploration, and sale of rural properties suitable for agricultural activities in Brazil and internationally. It operates through six segments: Real Estate, Grains, Sugarcane, livestock, Cotton, and Other.