B. Riley Wealth Advisors Inc. Invests $884,000 in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY)

B. Riley Wealth Advisors Inc. acquired a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 107,500 shares of the company's stock, valued at approximately $884,000. B. Riley Wealth Advisors Inc. owned 0.18% of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Herr Investment Group LLC acquired a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 2nd quarter valued at approximately $821,000. Quadrature Capital Ltd grew its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 89.6% during the fourth quarter. Quadrature Capital Ltd now owns 107,750 shares of the company's stock worth $1,020,000 after buying an additional 50,923 shares during the period. Ping Capital Management Inc. purchased a new position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the second quarter valued at about $773,000. Russell Investments Group Ltd. increased its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 45.4% in the first quarter. Russell Investments Group Ltd. now owns 46,942 shares of the company's stock valued at $419,000 after buying an additional 14,652 shares in the last quarter. Finally, Deuterium Capital Management LLC acquired a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 1st quarter valued at approximately $92,000. Hedge funds and other institutional investors own 12.90% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria from a "sell" rating to a "hold" rating in a research note on Friday, August 2nd.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Price Performance

CRESY stock traded down $0.01 during trading on Friday, hitting $8.96. The stock had a trading volume of 98,421 shares, compared to its average volume of 174,562. The stock has a market cap of $531.68 million, a price-to-earnings ratio of 4.64 and a beta of 1.10. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.80 and a current ratio of 1.08. The company's 50 day moving average price is $8.27 and its two-hundred day moving average price is $8.68. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 1-year low of $6.30 and a 1-year high of $10.75.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Get Free Report) last posted its quarterly earnings data on Thursday, September 5th. The company reported $1.00 earnings per share for the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a net margin of 11.64% and a return on equity of 3.90%. The business had revenue of $294.43 million during the quarter.

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.