Short Interest in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Drops By 17.0%

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) saw a large decrease in short interest in March. As of March 15th, there was short interest totalling 70,900 shares, a decrease of 17.0% from the February 28th total of 85,400 shares. Based on an average trading volume of 44,600 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.1% of the company’s stock are sold short.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Stock Performance

Shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock traded down $0.03 on Tuesday, reaching $3.95. The stock had a trading volume of 11,525 shares, compared to its average volume of 38,372. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a fifty-two week low of $3.49 and a fifty-two week high of $5.20. The business’s 50-day moving average price is $3.76 and its two-hundred day moving average price is $4.00. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.80 and a current ratio of 1.69. The stock has a market cap of $406.01 million, a P/E ratio of 7.60 and a beta of 0.83.

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 (EPS) for the quarter. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas had a net margin of 21.88% and a return on equity of 13.06%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 40.4% in the fourth 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 acquiring an additional 4,455 shares during the period. SBI Securities Co. Ltd. bought a new position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the fourth quarter worth $71,000. Signaturefd LLC raised its stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 976.7% during the 4th quarter. Signaturefd LLC now owns 21,049 shares of the company’s stock valued at $76,000 after purchasing an additional 19,094 shares during the last quarter. Virtu Financial LLC bought a new stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the 4th quarter valued at $87,000. Finally, Ballentine Partners LLC bought a new stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the 4th quarter valued at $89,000. 1.15% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded BrasilAgro – Companhia Brasileira de Propriedades Agrícolas from a “hold” rating to a “sell” rating in a research note on Monday, February 10th.

About BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

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.