36,217 Shares in IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) Bought by Crocodile Capital Partners GmbH

Crocodile Capital Partners GmbH purchased a new position in shares of IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 36,217 shares of the financial services provider's stock, valued at approximately $541,000. IRSA Inversiones y Representaciones Sociedad Anónima comprises 1.5% of Crocodile Capital Partners GmbH's investment portfolio, making the stock its 9th biggest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IRS. Sanctuary Advisors LLC acquired a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima in the 2nd quarter valued at about $473,000. GAMMA Investing LLC increased its stake in IRSA Inversiones y Representaciones Sociedad Anónima by 71.0% in the 3rd quarter. GAMMA Investing LLC now owns 3,418 shares of the financial services provider's stock valued at $39,000 after buying an additional 1,419 shares during the last quarter. Systrade AG purchased a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima during the third quarter valued at approximately $1,138,000. Secure Asset Management LLC raised its stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima by 12.6% during the 3rd quarter. Secure Asset Management LLC now owns 96,927 shares of the financial services provider's stock worth $1,103,000 after purchasing an additional 10,824 shares during the period. Finally, Mirabella Financial Services LLP bought a new stake in IRSA Inversiones y Representaciones Sociedad Anónima in the third quarter worth about $877,000. Institutional investors and hedge funds own 45.46% of the company's stock.

IRSA Inversiones y Representaciones Sociedad Anónima Stock Performance

Shares of NYSE IRS traded up $0.38 during midday trading on Friday, hitting $15.77. The company's stock had a trading volume of 160,689 shares, compared to its average volume of 178,415. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of -3.54 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. The stock has a fifty day moving average price of $15.92 and a 200 day moving average price of $12.87. IRSA Inversiones y Representaciones Sociedad Anónima has a one year low of $7.10 and a one year high of $17.67.

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The financial services provider reported ($1.55) earnings per share (EPS) for the quarter. IRSA Inversiones y Representaciones Sociedad Anónima had a negative net margin of 79.31% and a positive return on equity of 8.91%. The company had revenue of $95.57 million for the quarter.

IRSA Inversiones y Representaciones Sociedad Anónima Increases Dividend

The business also recently announced a -- dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 29th were given a dividend of $3.60 per share. The ex-dividend date was Friday, November 29th. This is a positive change from IRSA Inversiones y Representaciones Sociedad Anónima's previous -- dividend of $1.02. IRSA Inversiones y Representaciones Sociedad Anónima's payout ratio is presently -21.53%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered 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 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.