Russell Investments Group Ltd. Cuts Stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY)

Russell Investments Group Ltd. lowered its stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Free Report) by 26.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 100,472 shares of the company's stock after selling 35,527 shares during the quarter. Russell Investments Group Ltd. owned 0.17% of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria worth $1,269,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. B. Riley Wealth Advisors Inc. grew its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 52.0% during the third quarter. B. Riley Wealth Advisors Inc. now owns 163,400 shares of the company's stock valued at $1,421,000 after purchasing an additional 55,900 shares during the period. Systrade AG bought a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 4th quarter valued at approximately $1,848,000. Ping Capital Management Inc. grew its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 26.3% during the 4th quarter. Ping Capital Management Inc. now owns 145,300 shares of the company's stock valued at $1,835,000 after acquiring an additional 30,300 shares during the period. Crocodile Capital Partners GmbH purchased a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 4th quarter worth approximately $1,010,000. Finally, Meixler Investment Management Ltd. raised its stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 4.3% during the 4th quarter. Meixler Investment Management Ltd. now owns 49,741 shares of the company's stock worth $628,000 after acquiring an additional 2,071 shares during the period. Institutional investors own 12.90% of the company's stock.

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

Shares of CRESY stock traded down $0.05 on Friday, hitting $11.65. 48,633 shares of the stock traded hands, compared to its average volume of 207,795. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.09 and a quick ratio of 0.85. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 52 week low of $6.56 and a 52 week high of $14.23. The firm has a 50 day simple moving average of $10.90 and a two-hundred day simple moving average of $11.42. The firm has a market cap of $704.58 million, a price-to-earnings ratio of -10.75 and a beta of 0.91.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Get Free Report) last released its earnings results on Monday, February 10th. The company reported ($0.32) EPS for the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a negative return on equity of 2.40% and a negative net margin of 5.78%.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Company Profile

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.