Helikon Investments Ltd Has $5.77 Million Stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY)

Helikon Investments Ltd lessened its holdings in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) by 28.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 456,776 shares of the company’s stock after selling 180,848 shares during the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria makes up about 0.6% of Helikon Investments Ltd’s holdings, making the stock its 18th biggest holding. Helikon Investments Ltd’s holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria were worth $5,769,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Crocodile Capital Partners GmbH acquired a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 4th quarter worth $1,010,000. Systrade AG acquired a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the fourth quarter worth about $1,848,000. GAMMA Investing LLC increased its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 238.3% in the 4th quarter. GAMMA Investing LLC now owns 6,452 shares of the company’s stock valued at $81,000 after buying an additional 4,545 shares during the period. B. Riley Wealth Advisors Inc. raised its position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 52.0% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 163,400 shares of the company’s stock valued at $1,421,000 after buying an additional 55,900 shares in the last quarter. Finally, Meixler Investment Management Ltd. lifted its holdings in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 8.9% during the 3rd quarter. Meixler Investment Management Ltd. now owns 47,670 shares of the company’s stock worth $412,000 after acquiring an additional 3,893 shares during the period. 12.90% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria from a “hold” rating to a “sell” rating in a research note on Tuesday, November 12th.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Price Performance

CRESY stock opened at $13.29 on Monday. The company has a 50 day simple moving average of $12.76 and a 200 day simple moving average of $10.09. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 1 year low of $6.56 and a 1 year high of $14.23. The company has a current ratio of 1.09, a quick ratio of 0.85 and a debt-to-equity ratio of 0.30.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last released its quarterly earnings data on Friday, November 8th. The company reported ($0.71) earnings per share for the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a negative net margin of 7.06% and a negative return on equity of 2.46%. The firm had revenue of $240.86 million for the quarter.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 10th. Stockholders of record on Monday, December 2nd were paid a $0.6096 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This is an increase from Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria’s previous dividend of $0.38. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria’s dividend payout ratio is currently -44.70%.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Company Profile

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, engages in the production of agricultural commodities in Brazil and other Latin American countries. The company operates through Agricultural Business, and Business Urban Properties and Investments segments.