BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Short Interest Down 17.0% in March

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) was the target of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 70,900 shares, a drop of 17.0% from the February 28th total of 85,400 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 44,600 shares, the days-to-cover ratio is presently 1.6 days.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Stock Up 1.3 %

Shares of NYSE:LND traded up $0.05 during trading on Thursday, reaching $3.99. The stock had a trading volume of 60,598 shares, compared to its average volume of 45,705. The company has a current ratio of 1.69, a quick ratio of 0.80 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $409.71 million, a P/E ratio of 7.67 and a beta of 0.83. The firm’s 50-day simple moving average is $3.77 and its 200 day simple moving average is $3.99. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a one year low of $3.49 and a one year high of $5.20.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last announced its quarterly earnings data on Thursday, February 6th. The company reported ($0.03) EPS for the quarter. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas had a net margin of 21.88% and a return on equity of 13.06%.

Institutional Trading of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

A number of hedge funds have recently added to or reduced their stakes in the company. Grace & White Inc. NY raised its position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 38.8% in the fourth quarter. Grace & White Inc. NY now owns 817,057 shares of the company’s stock worth $2,950,000 after acquiring an additional 228,488 shares during the period. Signaturefd LLC raised its holdings in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 976.7% in the 4th quarter. Signaturefd LLC now owns 21,049 shares of the company’s stock worth $76,000 after purchasing an additional 19,094 shares during the period. Virtu Financial LLC purchased a new position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the fourth quarter worth approximately $87,000. Ballentine Partners LLC acquired a new stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the fourth quarter valued at approximately $89,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 40.4% in the fourth 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 buying an additional 4,455 shares in the last quarter. 1.15% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas from a “hold” rating to a “sell” rating in a research report on Monday, February 10th.

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.