Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Lowered to “Sell” Rating by Wall Street Zen

Wall Street Zen lowered shares of Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) from a hold rating to a sell rating in a research report report published on Saturday morning.

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Brasilagro Cia Brasileira De Propriedades Agricolas in a report on Friday, March 27th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Brasilagro Cia Brasileira De Propriedades Agricolas has a consensus rating of “Reduce”.

Brasilagro Cia Brasileira De Propriedades Agricolas Stock Performance

Shares of LND opened at $3.72 on Friday. Brasilagro Cia Brasileira De Propriedades Agricolas has a one year low of $3.47 and a one year high of $4.45. The company has a 50-day moving average of $4.05 and a two-hundred day moving average of $3.87. The stock has a market cap of $381.56 million, a price-to-earnings ratio of -30.97 and a beta of 0.03. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.47 and a quick ratio of 0.72.

Institutional Trading of Brasilagro Cia Brasileira De Propriedades Agricolas

Several institutional investors have recently made changes to their positions in LND. EverSource Wealth Advisors LLC acquired a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the second quarter worth approximately $37,000. ERn Financial LLC acquired a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the third quarter worth approximately $50,000. Windmill Hill Asset Management Ltd boosted its holdings in shares of Brasilagro Cia Brasileira De Propriedades Agricolas by 100.0% during the fourth quarter. Windmill Hill Asset Management Ltd now owns 141,796 shares of the company’s stock worth $508,000 after purchasing an additional 70,898 shares during the period. SmartHarvest Portfolios LLC acquired a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the fourth quarter worth approximately $68,000. Finally, Banco BTG Pactual S.A. acquired a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the fourth quarter worth approximately $265,000. 1.15% of the stock is currently owned by institutional investors and hedge funds.

About Brasilagro Cia Brasileira De Propriedades Agricolas

Brasilagro Cia Brasileira De Propriedades Agrícolas is a Brazil-based agribusiness company focused on the acquisition, development and commercialization of agricultural land in key farming regions across the country. The company’s core activities include identifying undervalued or underutilized rural properties, implementing infrastructure improvements and modern farming practices, and either operating the land directly or selling it to third parties. Brasilagro’s land bank spans several states in Brazil, with holdings in Maranhão, Bahia, Tocantins, Goiás and Mato Grosso, among others.

In its agricultural operations, Brasilagro cultivates a variety of crops such as soybeans, corn and cotton, leveraging advances in crop genetics, irrigation and soil management to enhance productivity and sustainability.