BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Releases Earnings Results

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) issued its earnings results on Wednesday. The company reported $0.48 EPS for the quarter, reports. The business had revenue of $127.61 million during the quarter. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas had a return on equity of 13.01% and a net margin of 19.94%.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Price Performance

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock opened at $5.25 on Friday. The company has a current ratio of 2.14, a quick ratio of 1.12 and a debt-to-equity ratio of 0.28. The stock has a fifty day moving average price of $5.18 and a two-hundred day moving average price of $4.97. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a 52-week low of $4.49 and a 52-week high of $6.48.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. BlackRock Inc. acquired a new position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the first quarter worth $46,000. Raymond James & Associates bought a new stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the second quarter worth $58,000. UBS Group AG bought a new stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the third quarter worth $63,000. Millennium Management LLC bought a new stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the fourth quarter worth $77,000. Finally, Quadrant Capital Group LLC grew its holdings in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 54.4% during the second quarter. Quadrant Capital Group LLC now owns 13,537 shares of the company’s stock worth $70,000 after purchasing an additional 4,770 shares during the last quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded BrasilAgro – Companhia Brasileira de Propriedades Agrícolas from a “sell” rating to a “hold” rating in a research note on Friday.

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. The company operates through six segments: Real Estate, Grains, Sugarcane, Cattle Raising, Cotton, and Other. It is involved in the cultivation of soybean, corn, sorghum, sesame, and cotton, as well as sugarcane; and production and sale of beef calves after weaning.