Grace & White Inc. NY Has $2.95 Million Holdings in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND)

Grace & White Inc. NY grew its holdings in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) by 38.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 817,057 shares of the company’s stock after purchasing an additional 228,488 shares during the quarter. Grace & White Inc. NY’s holdings in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas were worth $2,950,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Glenorchy Capital Ltd lifted its stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 14.8% in the third quarter. Glenorchy Capital Ltd now owns 109,584 shares of the company’s stock valued at $514,000 after buying an additional 14,161 shares during the period. Ballentine Partners LLC bought a new stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the 4th quarter valued at about $89,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 40.4% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 15,490 shares of the company’s stock valued at $56,000 after acquiring an additional 4,455 shares during the period. Institutional investors and hedge funds own 1.15% of the company’s stock.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Trading Down 0.8 %

Shares of LND stock opened at $3.77 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.01 and a quick ratio of 1.30. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a 12-month low of $3.52 and a 12-month high of $5.20. The firm has a fifty day moving average of $3.74 and a 200-day moving average of $4.23.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last posted its earnings results on Thursday, February 6th. The company reported ($0.03) earnings per share (EPS) for the quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas from a “hold” rating to a “sell” rating in a report on Monday.

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.