Crocodile Capital Partners GmbH Makes New $1.01 Million Investment in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY)

Crocodile Capital Partners GmbH acquired a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 80,000 shares of the company's stock, valued at approximately $1,010,000. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria accounts for 2.8% of Crocodile Capital Partners GmbH's investment portfolio, making the stock its 5th largest position. Crocodile Capital Partners GmbH owned about 0.13% of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of CRESY. GAMMA Investing LLC boosted its position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 238.3% in the fourth quarter. GAMMA Investing LLC now owns 6,452 shares of the company's stock valued at $81,000 after acquiring an additional 4,545 shares during the period. Truist Financial Corp bought a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 2nd quarter worth approximately $216,000. Meixler Investment Management Ltd. increased its position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 8.9% during the third quarter. Meixler Investment Management Ltd. now owns 47,670 shares of the company's stock valued at $412,000 after acquiring an additional 3,893 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the second quarter valued at approximately $884,000. Finally, Systrade AG bought a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the fourth quarter valued at approximately $1,848,000. Institutional investors own 12.90% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria from a "hold" rating to a "sell" rating in a research report on Tuesday, November 12th.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Stock Up 4.2 %

Shares of NASDAQ:CRESY traded up $0.54 during trading hours on Friday, reaching $13.29. The stock had a trading volume of 234,727 shares, compared to its average volume of 184,257. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 1 year low of $6.56 and a 1 year high of $14.23. The stock has a market capitalization of $801.57 million, a price-to-earnings ratio of -10.07 and a beta of 1.13. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.85 and a current ratio of 1.09. The firm's 50 day moving average is $12.76 and its 200-day moving average is $10.08.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Get Free Report) last issued its quarterly earnings results on Friday, November 8th. The company reported ($0.71) earnings per share (EPS) for the quarter. The company had revenue of $240.86 million during the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a negative net margin of 7.06% and a negative return on equity of 2.46%.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 10th. Stockholders of record on Monday, December 2nd were given a $0.6096 dividend. The ex-dividend date was Monday, December 2nd. This is a boost from Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria's previous dividend of $0.38. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria's dividend payout ratio (DPR) is currently -44.70%.

About Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, engages in the production of agricultural commodities in Brazil and other Latin American countries. The company operates through Agricultural Business, and Business Urban Properties and Investments segments.