BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Downgraded to “Sell” Rating by StockNews.com

StockNews.com lowered shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) from a hold rating to a sell rating in a research note published on Monday.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Stock Performance

Shares of LND stock opened at $3.74 on Monday. The stock’s fifty day moving average is $3.74 and its two-hundred day moving average is $4.24. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.30 and a current ratio of 2.01. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a fifty-two week low of $3.52 and a fifty-two week high of $5.20.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of LND. Glenorchy Capital Ltd increased its position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 14.8% during the 3rd quarter. Glenorchy Capital Ltd now owns 109,584 shares of the company’s stock worth $514,000 after purchasing an additional 14,161 shares during the last quarter. Ballentine Partners LLC acquired a new stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the 4th quarter worth about $89,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position 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 during the last quarter. Grace & White Inc. NY increased its position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 38.8% during the 4th quarter. Grace & White Inc. NY now owns 817,057 shares of the company’s stock worth $2,950,000 after purchasing an additional 228,488 shares during the last quarter. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the 4th quarter worth about $71,000. Hedge funds and other institutional investors own 1.15% of the company’s stock.

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.