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

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Stock Performance

LND stock traded down $0.09 on Tuesday, hitting $4.09. The company had a trading volume of 9,959 shares, compared to its average volume of 42,342. The company has a current ratio of 2.09, a quick ratio of 1.24 and a debt-to-equity ratio of 0.36. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a 12-month low of $4.05 and a 12-month high of $5.55. The stock has a market cap of $419.96 million, a price-to-earnings ratio of 7.81 and a beta of 0.83. The stock’s 50-day simple moving average is $4.54 and its 200 day simple moving average is $4.72.

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

Hedge Funds Weigh In On BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

An institutional investor recently raised its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock. Glenorchy Capital Ltd boosted its position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) by 14.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 109,584 shares of the company’s stock after buying an additional 14,161 shares during the period. Glenorchy Capital Ltd owned approximately 0.11% of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas worth $514,000 as of its most recent SEC filing. 1.15% of the stock is currently owned by institutional investors and hedge funds.

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.