Jump Financial LLC Sells 52,829 Shares of Adecoagro S.A. (NYSE:AGRO)

Jump Financial LLC reduced its stake in shares of Adecoagro S.A. (NYSE:AGRO - Free Report) by 40.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 79,194 shares of the company's stock after selling 52,829 shares during the quarter. Jump Financial LLC owned 0.08% of Adecoagro worth $747,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of AGRO. R Squared Ltd purchased a new stake in Adecoagro during the 4th quarter valued at about $70,000. OLD Mission Capital LLC purchased a new stake in shares of Adecoagro during the fourth quarter valued at approximately $108,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Adecoagro in the fourth quarter worth approximately $126,000. Blue Trust Inc. increased its stake in shares of Adecoagro by 87.2% in the fourth quarter. Blue Trust Inc. now owns 13,709 shares of the company's stock worth $129,000 after buying an additional 6,387 shares during the period. Finally, Virtu Financial LLC bought a new stake in Adecoagro during the 4th quarter valued at $163,000. 45.25% of the stock is owned by institutional investors.

Adecoagro Price Performance

Shares of Adecoagro stock opened at $11.59 on Wednesday. The company has a market cap of $1.16 billion, a PE ratio of 7.72, a P/E/G ratio of 1.43 and a beta of 0.65. The business has a 50 day moving average of $10.90 and a 200 day moving average of $10.61. Adecoagro S.A. has a 52 week low of $8.72 and a 52 week high of $12.08. The company has a quick ratio of 1.09, a current ratio of 2.40 and a debt-to-equity ratio of 0.48.

Adecoagro Increases Dividend

The business also recently announced a semi-annual dividend, which will be paid on Friday, May 16th. Stockholders of record on Friday, May 2nd will be given a $0.175 dividend. This represents a dividend yield of 3%. This is a boost from Adecoagro's previous semi-annual dividend of $0.17. The ex-dividend date of this dividend is Friday, May 2nd. Adecoagro's dividend payout ratio (DPR) is currently 39.33%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Adecoagro from a "buy" rating to a "hold" rating in a report on Thursday, February 20th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $12.63.

Adecoagro Company Profile

Adecoagro SA operates as an agro-industrial company in South America. The company mainly operates through three segments: Farming; Sugar, Ethanol and Energy; and Land Transformation. It engages in farming crops, rice and other agricultural products, dairy operations, and land transformation activities, as well as sugar, ethanol, and energy production activities.

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