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

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

Analyst Upgrades and Downgrades

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

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Stock Down 2.0 %

LND traded down $0.08 during trading on Wednesday, hitting $3.91. 10,036 shares of the company’s stock traded hands, compared to its average volume of 45,645. The stock has a market capitalization of $401.49 million, a price-to-earnings ratio of 7.52 and a beta of 0.83. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a 12-month low of $3.49 and a 12-month high of $5.20. The company has a current ratio of 1.69, a quick ratio of 0.80 and a debt-to-equity ratio of 0.43. The company’s 50 day simple moving average is $3.77 and its two-hundred day simple moving average is $3.99.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last released its earnings results on Thursday, February 6th. The company reported ($0.03) earnings per share 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 Investors Weigh In On BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

Several institutional investors have recently bought and sold shares of the company. Ballentine Partners LLC purchased a new position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the fourth quarter valued at $89,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 40.4% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 15,490 shares of the company’s stock worth $56,000 after purchasing an additional 4,455 shares in the last quarter. Grace & White Inc. NY grew its stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 38.8% in the 4th quarter. Grace & White Inc. NY now owns 817,057 shares of the company’s stock worth $2,950,000 after acquiring an additional 228,488 shares during the period. SBI Securities Co. Ltd. acquired a new position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the fourth quarter valued at $71,000. Finally, Signaturefd LLC lifted its position 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 worth $76,000 after acquiring an additional 19,094 shares in the last quarter. 1.15% of the stock is currently 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.