GAMMA Investing LLC Purchases 1,288 Shares of IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS)

GAMMA Investing LLC lifted its position in IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) by 37.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,706 shares of the financial services provider’s stock after buying an additional 1,288 shares during the period. GAMMA Investing LLC’s holdings in IRSA Inversiones y Representaciones Sociedad Anónima were worth $70,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Systrade AG acquired a new position in IRSA Inversiones y Representaciones Sociedad Anónima in the third quarter valued at about $1,138,000. Mirabella Financial Services LLP bought a new position in shares of IRSA Inversiones y Representaciones Sociedad Anónima during the 3rd quarter valued at about $877,000. Sanctuary Advisors LLC acquired a new position in shares of IRSA Inversiones y Representaciones Sociedad Anónima in the 2nd quarter valued at approximately $473,000. Quadrature Capital Ltd acquired a new position in shares of IRSA Inversiones y Representaciones Sociedad Anónima in the 3rd quarter valued at approximately $199,000. Finally, BNP Paribas Financial Markets increased its stake in IRSA Inversiones y Representaciones Sociedad Anónima by 14.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 98,416 shares of the financial services provider’s stock worth $1,120,000 after purchasing an additional 12,071 shares in the last quarter. Institutional investors own 45.46% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of IRSA Inversiones y Representaciones Sociedad Anónima from a “buy” rating to a “hold” rating in a research note on Friday, November 8th.

IRSA Inversiones y Representaciones Sociedad Anónima Price Performance

IRS stock opened at $15.69 on Friday. The stock has a 50-day moving average price of $15.72 and a two-hundred day moving average price of $12.42. IRSA Inversiones y Representaciones Sociedad Anónima has a 1 year low of $7.10 and a 1 year high of $17.67. The stock has a market cap of $1.17 billion, a PE ratio of -3.52 and a beta of 1.38. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.15.

IRSA Inversiones y Representaciones Sociedad Anónima Increases Dividend

The company also recently disclosed a — dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 29th were issued a dividend of $3.60 per share. The ex-dividend date was Friday, November 29th. This is an increase from IRSA Inversiones y Representaciones Sociedad Anónima’s previous — dividend of $1.02. IRSA Inversiones y Representaciones Sociedad Anónima’s dividend payout ratio (DPR) is presently -21.52%.

IRSA Inversiones y Representaciones Sociedad Anónima Profile

IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina. It operates through five segments: Shopping Malls, Offices, Hotels, Sales and Developments, and Others. The company is involved in the acquisition, development, and operation of shopping malls, office buildings, and other non-shopping mall properties primarily for rental purposes.