Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) by 42.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 168,852 shares of the company’s stock after acquiring an additional 50,581 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria were worth $1,601,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Qube Research & Technologies Ltd acquired a new position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 3rd quarter valued at about $30,000. UBS Group AG raised its stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 879.6% in the 3rd quarter. UBS Group AG now owns 5,613 shares of the company’s stock valued at $31,000 after purchasing an additional 5,040 shares during the last quarter. Virtu Financial LLC acquired a new position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 2nd quarter valued at about $53,000. Private Advisor Group LLC acquired a new position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 1st quarter valued at about $66,000. Finally, Jane Street Group LLC acquired a new position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 3rd quarter valued at about $99,000. Institutional investors and hedge funds own 12.90% of the company’s stock.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Trading Up 4.4 %

Shares of CRESY stock opened at $9.17 on Friday. The firm has a 50-day moving average price of $8.53 and a 200 day moving average price of $8.56. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a twelve month low of $5.51 and a twelve month high of $10.19. The company has a market capitalization of $544.14 million, a price-to-earnings ratio of 2.58 and a beta of 1.17. The company has a current ratio of 1.18, a quick ratio of 0.89 and a debt-to-equity ratio of 0.42.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last announced its earnings results on Thursday, February 8th. The company reported ($0.56) earnings per share for the quarter. The firm had revenue of $246.62 million during the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a net margin of 24.32% and a return on equity of 8.22%.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria 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.