IRSA Inversiones y Representaciones Sociedad Anónima (IRS) to Release Earnings on Wednesday

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) will be releasing its earnings data before the market opens on Wednesday, September 6th. Persons interested in participating in the company’s earnings conference call can do so using this link.

IRSA Inversiones y Representaciones Sociedad Anónima Trading Up 0.1 %

IRS stock opened at $7.21 on Monday. IRSA Inversiones y Representaciones Sociedad Anónima has a 12 month low of $3.49 and a 12 month high of $8.58. The firm’s 50-day moving average is $7.58 and its 200 day moving average is $6.59. The company has a market capitalization of $584.64 million, a PE ratio of 1.77 and a beta of 1.11. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.65 and a quick ratio of 1.65.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Renaissance Technologies LLC bought a new position in shares of IRSA Inversiones y Representaciones Sociedad Anónima during the 3rd quarter worth $58,000. Mercer Global Advisors Inc. ADV purchased a new position in IRSA Inversiones y Representaciones Sociedad Anónima during the 1st quarter valued at about $77,000. Envestnet Asset Management Inc. bought a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima in the 1st quarter valued at about $135,000. Jane Street Group LLC bought a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima in the 1st quarter valued at about $228,000. Finally, Millennium Management LLC lifted its position in shares of IRSA Inversiones y Representaciones Sociedad Anónima by 286.0% in the 2nd quarter. Millennium Management LLC now owns 72,208 shares of the financial services provider’s stock worth $260,000 after purchasing an additional 53,501 shares during the period. 17.56% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of IRSA Inversiones y Representaciones Sociedad Anónima in a research report on Thursday, August 17th. They set a “buy” rating on the stock.

IRSA Inversiones y Representaciones Sociedad Anónima Company Profile

IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina. The company is involved in the acquisition, development, and operation of shopping malls, office buildings, and other non-shopping mall properties primarily for rental purposes.