BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Rating Increased 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 published on Monday morning.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Price Performance

Shares of LND opened at $4.70 on Monday. The business has a 50-day moving average of $4.71 and a 200-day moving average of $4.81. 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 market capitalization of $482.61 million, a price-to-earnings ratio of 8.91 and a beta of 0.83. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.09 and a quick ratio of 1.24.

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

Institutional Trading of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

A hedge fund recently raised its stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock. Renaissance Technologies LLC grew its holdings in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) by 12.8% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 72,735 shares of the company’s stock after buying an additional 8,235 shares during the period. Renaissance Technologies LLC owned approximately 0.07% of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas worth $335,000 as of its most recent filing with the SEC. 1.15% of the stock is owned by institutional investors and hedge funds.

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.