StockNews.com Downgrades BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) to Sell

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued to investors on Monday.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Stock Up 1.7 %

Shares of NYSE LND opened at $3.79 on Monday. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a one year low of $3.52 and a one year high of $5.20. The company’s fifty day moving average is $3.74 and its two-hundred day moving average is $4.23. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.30 and a current ratio of 2.01.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last issued its quarterly earnings results on Thursday, February 6th. The company reported ($0.03) earnings per share for the quarter.

Institutional Investors Weigh In On BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

A number of hedge funds have recently bought and sold shares of the business. Glenorchy Capital Ltd lifted its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 14.8% in the 3rd quarter. Glenorchy Capital Ltd now owns 109,584 shares of the company’s stock valued at $514,000 after purchasing an additional 14,161 shares during the last quarter. Ballentine Partners LLC acquired a new stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the 4th quarter valued at $89,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 40.4% in the 4th 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. Grace & White Inc. NY raised its holdings in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 38.8% during the fourth quarter. Grace & White Inc. NY now owns 817,057 shares of the company’s stock valued at $2,950,000 after buying an additional 228,488 shares in the last quarter. Finally, SBI Securities Co. Ltd. bought a new stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the 4th quarter worth $71,000. Institutional investors and hedge funds 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.