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

StockNews.com upgraded shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) from a sell rating to a hold rating in a report released on Monday.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Stock Down 0.4 %

LND opened at $4.69 on Monday. The company has a current ratio of 2.09, a quick ratio of 1.24 and a debt-to-equity ratio of 0.36. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a 1-year low of $4.40 and a 1-year high of $6.00. The stock has a market cap of $481.58 million, a PE ratio of 8.91 and a beta of 0.83. The stock’s fifty day simple moving average is $4.72 and its 200 day simple moving average is $4.81.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock. Renaissance Technologies LLC grew its position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) by 12.8% during the 2nd quarter, according to its most recent 13F filing 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 quarter. Renaissance Technologies LLC owned approximately 0.07% of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas worth $335,000 as of its most recent SEC filing. Hedge funds and other institutional investors 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.