Raymond James & Associates Invests $58,000 in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND)

Raymond James & Associates purchased a new position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,245 shares of the company’s stock, valued at approximately $58,000.

A number of other hedge funds have also made changes to their positions in the stock. BlackRock Inc. bought a new position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the first quarter valued at approximately $46,000. Bank of America Corp DE raised its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 96.6% during the fourth quarter. Bank of America Corp DE now owns 14,445 shares of the company’s stock valued at $82,000 after acquiring an additional 7,096 shares in the last quarter. UBS Group AG bought a new position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the third quarter valued at approximately $63,000. Renaissance Technologies LLC raised its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 18.3% during the first quarter. Renaissance Technologies LLC now owns 83,400 shares of the company’s stock valued at $401,000 after acquiring an additional 12,900 shares in the last quarter. Finally, Millennium Management LLC bought a new position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the fourth quarter valued at approximately $77,000.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. TheStreet raised shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas from a “c” rating to a “b” rating in a research report on Friday, September 29th. StockNews.com lowered shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas from a “hold” rating to a “sell” rating in a research report on Friday, November 10th.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Trading Up 3.5 %

NYSE:LND opened at $5.00 on Wednesday. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a 12 month low of $4.49 and a 12 month high of $6.07. The firm has a market cap of $513.40 million, a price-to-earnings ratio of 9.09 and a beta of 0.86. The company has a quick ratio of 1.45, a current ratio of 2.14 and a debt-to-equity ratio of 0.28. The company’s 50 day moving average is $5.41 and its 200-day moving average is $5.14.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last announced its quarterly earnings data on Wednesday, September 6th. The company reported $0.48 earnings per share (EPS) for the quarter. The business had revenue of $127.61 million for the quarter. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas had a net margin of 19.94% and a return on equity of 13.15%.

About BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas engages in the acquisition, development, exploration, and sale of rural properties suitable for agricultural activities in Brazil and internationally. It operates through six segments: Real Estate, Grains, Sugarcane, livestock, Cotton, and Other.