BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Upgraded 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 Tuesday morning.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Price Performance

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock opened at $4.19 on Tuesday. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a 1 year low of $4.05 and a 1 year high of $5.55. The firm has a 50 day moving average price of $4.57 and a 200 day moving average price of $4.73. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.24 and a current ratio of 2.09.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last released its earnings results on Tuesday, September 3rd. The company reported $0.44 earnings per share (EPS) for the quarter. The company had revenue of $105.87 million during the quarter.

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

An institutional investor recently raised its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock. Renaissance Technologies LLC grew its holdings in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) by 12.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,735 shares of the company’s stock after buying an additional 8,235 shares during the quarter. Renaissance Technologies LLC owned 0.07% of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas worth $335,000 at the end of the most recent quarter. 1.15% of the stock is owned by institutional investors and hedge funds.

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.