BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Rating Lowered to Hold at StockNews.com

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND – Get Rating) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday.

Shares of NYSE LND traded up $0.14 during mid-day trading on Thursday, reaching $6.23. The company had a trading volume of 98,080 shares, compared to its average volume of 81,089. The stock has a fifty day moving average of $6.92 and a two-hundred day moving average of $5.76. The company has a market capitalization of $386.91 million, a price-to-earnings ratio of 5.07 and a beta of 0.85. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.13 and a current ratio of 3.04. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a 12-month low of $4.26 and a 12-month high of $9.82.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND – Get Rating) last released its quarterly earnings results on Wednesday, February 9th. The company reported $0.52 earnings per share (EPS) for the quarter. The business had revenue of $119.27 million during the quarter. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas had a return on equity of 30.79% and a net margin of 33.71%.

Institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. acquired a new position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the 1st quarter valued at about $46,000. Sigma Planning Corp bought a new position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the first quarter worth $110,000. FCA Corp TX purchased a new position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the fourth quarter worth approximately $94,000. Renaissance Technologies LLC bought a new stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the fourth quarter worth approximately $166,000. Finally, US Bancorp DE acquired a new position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the 3rd quarter valued at $185,000. Institutional investors own 0.67% of the company’s stock.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Company Profile (Get Rating)

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas engages in the acquisition, development, exploration, and sale of rural properties suitable for agricultural activities in Brazil. The company operates through six segments: Real Estate, Grains, Sugarcane, Cattle Raising, Cotton, and Other. It is involved in the cultivation of soybean, corn, sorghum, and cotton, as well as sugarcane; and production and sale of beef calves after weaning.

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