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 research note released on Friday morning.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Price Performance

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock opened at $4.75 on Friday. The firm has a market capitalization of $487.74 million, a PE ratio of 8.79 and a beta of 0.84. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a 52 week low of $4.40 and a 52 week high of $6.00. The firm’s 50-day simple moving average is $4.75 and its 200 day simple moving average is $4.81. The company has a quick ratio of 1.10, a current ratio of 1.99 and a debt-to-equity ratio of 0.37.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock. Quadrant Capital Group LLC lifted its stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) by 20.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,366 shares of the company’s stock after acquiring an additional 4,001 shares during the period. Quadrant Capital Group LLC’s holdings in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas were worth $123,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 1.15% of the company’s stock.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Company Profile

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.