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

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

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Price Performance

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock opened at $4.47 on Friday. The company’s 50 day simple moving average is $4.70 and its 200-day simple moving average is $4.80. The company has a market capitalization of $458.99 million, a price-to-earnings ratio of 8.55 and a beta of 0.82. 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 debt-to-equity ratio of 0.36, a quick ratio of 1.24 and a current ratio of 2.09.

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

Institutional Investors 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 increased its holdings in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) by 12.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 72,735 shares of the company’s stock after buying an additional 8,235 shares during the period. Renaissance Technologies LLC owned about 0.07% of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas worth $335,000 at the end of the most recent quarter. 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.