Glenorchy Capital Ltd Boosts Holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY)

Glenorchy Capital Ltd lifted its position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) by 24.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 351,183 shares of the company’s stock after purchasing an additional 68,442 shares during the period. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria comprises 2.6% of Glenorchy Capital Ltd’s portfolio, making the stock its 12th largest position. Glenorchy Capital Ltd’s holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria were worth $4,435,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in CRESY. 683 Capital Management LLC grew its stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 5.2% during the 4th quarter. 683 Capital Management LLC now owns 885,000 shares of the company’s stock valued at $11,178,000 after purchasing an additional 44,000 shares in the last quarter. Systrade AG acquired a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the fourth quarter worth approximately $1,848,000. Ping Capital Management Inc. increased its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 26.3% in the fourth quarter. Ping Capital Management Inc. now owns 145,300 shares of the company’s stock worth $1,835,000 after buying an additional 30,300 shares during the last quarter. Crocodile Capital Partners GmbH acquired a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the fourth quarter valued at $1,010,000. Finally, Meixler Investment Management Ltd. boosted its stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 4.3% during the 4th quarter. Meixler Investment Management Ltd. now owns 49,741 shares of the company’s stock valued at $628,000 after acquiring an additional 2,071 shares during the last quarter. 12.90% of the stock is currently owned by hedge funds and other institutional investors.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Price Performance

Shares of CRESY stock opened at $11.40 on Friday. The firm has a fifty day moving average of $10.97 and a two-hundred day moving average of $11.56. The firm has a market cap of $689.76 million, a P/E ratio of -10.56 and a beta of 1.11. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 1-year low of $6.56 and a 1-year high of $14.23. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.09 and a quick ratio of 0.85.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last posted its quarterly earnings results on Monday, February 10th. The company reported ($0.32) EPS for the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a negative return on equity of 2.40% and a negative net margin of 5.78%.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria 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.