BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Sees Large Decline in Short Interest

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (NYSE:LND - Get Free Report) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 70,900 shares, a drop of 17.0% from the February 28th total of 85,400 shares. Based on an average daily volume of 44,600 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.1% of the shares of the stock are sold short.

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 research note on Monday, February 10th.

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas Trading Down 1.0 %

NYSE LND traded down $0.04 during trading hours on Friday, hitting $3.97. 41,229 shares of the company were exchanged, compared to its average volume of 45,714. BrasilAgro - Companhia Brasileira de Propriedades Agrícolas has a 52 week low of $3.49 and a 52 week high of $5.20. The company has a quick ratio of 0.80, a current ratio of 1.69 and a debt-to-equity ratio of 0.43. The stock has a 50-day moving average price of $3.78 and a 200 day moving average price of $3.98. The stock has a market cap of $407.55 million, a PE ratio of 7.63 and a beta of 0.83.

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (NYSE:LND - Get Free Report) last released its earnings results on Thursday, February 6th. The company reported ($0.03) earnings per share for the quarter. BrasilAgro - Companhia Brasileira de Propriedades Agrícolas had a net margin of 21.88% and a return on equity of 13.06%.

Institutional Investors Weigh In On BrasilAgro - Companhia Brasileira de Propriedades Agrícolas

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Citadel Advisors LLC boosted its stake in shares of BrasilAgro - Companhia Brasileira de Propriedades Agrícolas by 80.4% during the 4th quarter. Citadel Advisors LLC now owns 48,059 shares of the company's stock worth $173,000 after purchasing an additional 21,419 shares during the period. Northern Trust Corp bought a new stake in BrasilAgro - Companhia Brasileira de Propriedades Agrícolas in the fourth quarter worth about $499,000. Quadrant Capital Group LLC boosted its position in shares of 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 valued at $111,000 after buying an additional 21,435 shares during the period. Virtu Financial LLC bought a new position in shares of BrasilAgro - Companhia Brasileira de Propriedades Agrícolas during the fourth quarter valued at approximately $87,000. Finally, Signaturefd LLC raised its holdings in shares of BrasilAgro - Companhia Brasileira de Propriedades Agrícolas by 976.7% in the fourth quarter. Signaturefd LLC now owns 21,049 shares of the company's stock worth $76,000 after buying an additional 19,094 shares during the period. Hedge funds and other institutional investors own 1.15% of the company's stock.

About BrasilAgro - Companhia Brasileira de Propriedades Agrícolas

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.