Russell Investments Group Ltd. Cuts Stock Holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY)

Russell Investments Group Ltd. cut its stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) by 26.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 100,472 shares of the company’s stock after selling 35,527 shares during the quarter. Russell Investments Group Ltd.’s holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria were worth $1,269,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the stock. Systrade AG purchased a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the fourth quarter valued at approximately $1,848,000. Crocodile Capital Partners GmbH acquired a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the fourth quarter valued at approximately $1,010,000. B. Riley Wealth Advisors Inc. increased its position in 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 acquiring an additional 55,900 shares during the period. Ping Capital Management Inc. boosted its holdings in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 26.3% in the fourth quarter. Ping Capital Management Inc. now owns 145,300 shares of the company’s stock valued at $1,835,000 after acquiring an additional 30,300 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 238.3% during the fourth quarter. GAMMA Investing LLC now owns 6,452 shares of the company’s stock worth $81,000 after acquiring an additional 4,545 shares during the period. 12.90% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of CRESY opened at $12.39 on Monday. The company has a 50-day simple moving average of $10.86 and a 200-day simple moving average of $11.37. The company has a market capitalization of $749.66 million, a PE ratio of -11.47 and a beta of 0.91. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 52-week low of $6.56 and a 52-week high of $14.23. The company has a quick ratio of 0.85, a current ratio of 1.09 and a debt-to-equity ratio of 0.30.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last issued its quarterly earnings data on Monday, February 10th. The company reported ($0.32) earnings per share (EPS) for the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a negative net margin of 5.78% and a negative return on equity of 2.40%.

About Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

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.