Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) To Go Ex-Dividend on May 31st

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY – Get Rating) announced a Variable dividend on Tuesday, May 23rd, Zacks reports. Investors of record on Thursday, June 1st will be given a dividend of 0.312 per share on Tuesday, June 6th. The ex-dividend date of this dividend is Wednesday, May 31st.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Stock Down 0.6 %

Shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria stock opened at $6.59 on Thursday. The company has a market cap of $398.76 million, a P/E ratio of 1.83 and a beta of 1.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.74 and a current ratio of 1.00. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a one year low of $4.18 and a one year high of $7.96. The firm has a fifty day moving average of $6.29 and a two-hundred day moving average of $6.37.

Hedge Funds Weigh In On Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

A number of large investors have recently bought and sold shares of the company. UBS Group AG raised its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 879.6% during the 3rd quarter. UBS Group AG now owns 5,613 shares of the company’s stock worth $31,000 after buying an additional 5,040 shares during the last quarter. Private Advisor Group LLC acquired a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 1st quarter worth $66,000. Virtu Financial LLC acquired a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 2nd quarter worth $53,000. Goldman Sachs Group Inc. grew its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 84.9% during the 2nd quarter. Goldman Sachs Group Inc. now owns 26,515 shares of the company’s stock worth $134,000 after purchasing an additional 12,173 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 3rd quarter worth $99,000. Hedge funds and other institutional investors own 9.99% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in a research report on Thursday, May 18th. They set a “hold” rating for the company.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Company Profile

(Get Rating)

Cresud SA engages in the production of basic agricultural commodities. It operates through the Agricultural Business, and Urban Properties and Investment Business segments. The Agricultural Business segment comprises of land transformation and sales; agricultural production, other segments such as slaughtering and processing in the meat refrigeration plant, and brokerage activities, and corporate expenses related to agricultural business.