Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Earns Sell (D+) Rating from Weiss Ratings

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND)‘s stock had its “sell (d+)” rating reissued by stock analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

Separately, Itau BBA Securities lowered Brasilagro Cia Brasileira De Propriedades Agricolas from an “outperform” rating to a “market perform” rating in a report on Thursday, September 25th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Brasilagro Cia Brasileira De Propriedades Agricolas has an average rating of “Reduce”.

Brasilagro Cia Brasileira De Propriedades Agricolas Stock Performance

NYSE:LND opened at $3.72 on Wednesday. The firm has a market capitalization of $386.09 million, a PE ratio of 7.15 and a beta of 0.51. The business’s fifty day moving average price is $3.83 and its 200 day moving average price is $3.81. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.79 and a quick ratio of 0.94. Brasilagro Cia Brasileira De Propriedades Agricolas has a 12 month low of $3.49 and a 12 month high of $4.58.

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) last posted its earnings results on Wednesday, September 3rd. The company reported $0.11 EPS for the quarter. The firm had revenue of $60.14 million for the quarter. Brasilagro Cia Brasileira De Propriedades Agricolas had a return on equity of 6.47% and a net margin of 11.99%.

Hedge Funds Weigh In On Brasilagro Cia Brasileira De Propriedades Agricolas

Several hedge funds have recently made changes to their positions in LND. EverSource Wealth Advisors LLC purchased a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the second quarter worth about $37,000. Evelyn Partners Investment Management LLP grew its holdings in shares of Brasilagro Cia Brasileira De Propriedades Agricolas by 750.8% during the second quarter. Evelyn Partners Investment Management LLP now owns 18,624 shares of the company’s stock worth $71,000 after buying an additional 16,435 shares during the last quarter. Finally, SBI Securities Co. Ltd. grew its holdings in shares of Brasilagro Cia Brasileira De Propriedades Agricolas by 66.2% during the second quarter. SBI Securities Co. Ltd. now owns 36,799 shares of the company’s stock worth $141,000 after buying an additional 14,651 shares during the last quarter. Hedge funds and other institutional investors own 1.15% of the company’s stock.

About Brasilagro Cia Brasileira De Propriedades Agricolas

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.