BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (NYSE:LND - Get Free Report) was the target of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 87,800 shares, a decrease of 29.8% from the January 15th total of 125,000 shares. Based on an average daily trading volume, of 56,900 shares, the short-interest ratio is presently 1.5 days.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in LND. Grace & White Inc. NY raised its holdings in BrasilAgro - Companhia Brasileira de Propriedades Agrícolas by 38.8% during the fourth 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 in the last quarter. Northern Trust Corp purchased a new position in BrasilAgro - Companhia Brasileira de Propriedades Agrícolas during the fourth quarter worth about $499,000. Ballentine Partners LLC purchased a new position in BrasilAgro - Companhia Brasileira de Propriedades Agrícolas during the fourth quarter worth about $89,000. Virtu Financial LLC purchased a new position in BrasilAgro - Companhia Brasileira de Propriedades Agrícolas during the fourth quarter worth about $87,000. Finally, Quadrant Capital Group LLC raised its holdings in BrasilAgro - Companhia Brasileira de Propriedades Agrícolas by 227.9% during the fourth quarter. Quadrant Capital Group LLC now owns 30,841 shares of the company's stock worth $111,000 after purchasing an additional 21,435 shares in the last quarter. 1.15% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Separately, StockNews.com cut shares of BrasilAgro - Companhia Brasileira de Propriedades Agrícolas from a "hold" rating to a "sell" rating in a report on Monday, February 10th.
View Our Latest Report on LND
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas Stock Performance
Shares of NYSE:LND traded down $0.03 on Tuesday, reaching $3.75. The company's stock had a trading volume of 12,492 shares, compared to its average volume of 37,268. The stock's 50-day moving average is $3.73 and its two-hundred day moving average is $4.20. BrasilAgro - Companhia Brasileira de Propriedades Agrícolas has a 52-week low of $3.52 and a 52-week high of $5.20. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.01 and a quick ratio of 1.30.
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (NYSE:LND - Get Free Report) last announced its earnings results on Thursday, February 6th. The company reported ($0.03) EPS for the quarter.
About BrasilAgro - Companhia Brasileira de Propriedades Agrícolas
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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.
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