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

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

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Stock Performance

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock traded down $0.02 during mid-day trading on Monday, hitting $4.69. The company had a trading volume of 27,649 shares, compared to its average volume of 39,802. 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 12-month low of $4.40 and a 12-month high of $6.00. The company’s fifty day moving average is $4.72 and its 200-day moving average is $4.81. The company has a market capitalization of $481.58 million, a price-to-earnings ratio of 8.91 and a beta of 0.83.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last released 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

A hedge fund recently raised its stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock. Renaissance Technologies LLC raised its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) by 12.8% during the second quarter, according to its most recent filing with the SEC. The institutional investor 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 quarter. 1.15% of the stock is currently owned by hedge funds and other institutional investors.

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.