Y Intercept Hong Kong Ltd Takes Position in Cresud S.A.C.I.F. y A. $CRESY

Y Intercept Hong Kong Ltd acquired a new position in shares of Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 11,524 shares of the company’s stock, valued at approximately $124,000.

A number of other institutional investors have also recently bought and sold shares of CRESY. Crocodile Capital Partners GmbH raised its stake in Cresud S.A.C.I.F. y A. by 78.2% during the second quarter. Crocodile Capital Partners GmbH now owns 142,563 shares of the company’s stock worth $1,534,000 after purchasing an additional 62,563 shares during the period. GMT Capital Corp purchased a new stake in shares of Cresud S.A.C.I.F. y A. during the 1st quarter valued at $11,342,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Cresud S.A.C.I.F. y A. during the 1st quarter worth $333,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Cresud S.A.C.I.F. y A. by 9.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,038,336 shares of the company’s stock worth $11,474,000 after buying an additional 90,066 shares during the period. Finally, Russell Investments Group Ltd. raised its position in shares of Cresud S.A.C.I.F. y A. by 6.8% in the 1st quarter. Russell Investments Group Ltd. now owns 107,309 shares of the company’s stock worth $1,186,000 after buying an additional 6,837 shares during the period. 12.90% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on CRESY shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Cresud S.A.C.I.F. y A. in a research report on Wednesday, October 8th. Wall Street Zen lowered Cresud S.A.C.I.F. y A. from a “buy” rating to a “hold” rating in a research note on Monday, September 15th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Cresud S.A.C.I.F. y A. Stock Up 1.0%

Shares of NASDAQ CRESY opened at $11.41 on Monday. The stock has a fifty day moving average price of $9.85 and a 200 day moving average price of $10.69. The company has a current ratio of 1.24, a quick ratio of 0.93 and a debt-to-equity ratio of 0.36. Cresud S.A.C.I.F. y A. has a 12-month low of $8.39 and a 12-month high of $14.23. The company has a market cap of $720.93 million, a P/E ratio of 9.92 and a beta of 1.07.

Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) last issued its earnings results on Thursday, September 4th. The company reported $1.00 earnings per share for the quarter. Cresud S.A.C.I.F. y A. had a return on equity of 4.65% and a net margin of 10.57%.The company had revenue of $198.10 million during the quarter.

Cresud S.A.C.I.F. y A. Company Profile

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, engages in the production of agricultural commodities in Brazil and other Latin American countries. The company operates through Agricultural Business, and Business Urban Properties and Investments segments.