Northern Trust Corp Boosts Holdings in Lavoro Limited (NASDAQ:LVRO)

Northern Trust Corp boosted its position in shares of Lavoro Limited (NASDAQ:LVRO) by 73.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,488 shares of the company’s stock after acquiring an additional 10,826 shares during the period. Northern Trust Corp’s holdings in Lavoro were worth $122,000 as of its most recent filing with the Securities & Exchange Commission.

Wall Street Analyst Weigh In

LVRO has been the subject of a number of analyst reports. Oppenheimer decreased their target price on shares of Lavoro from $6.00 to $5.00 and set an “outperform” rating for the company in a research report on Tuesday, April 22nd. Barclays reaffirmed an “underweight” rating and issued a $1.50 price target (down previously from $5.00) on shares of Lavoro in a report on Wednesday, May 14th. Canaccord Genuity Group decreased their price target on shares of Lavoro from $6.25 to $5.50 and set a “buy” rating for the company in a report on Tuesday, February 4th. Finally, UBS Group set a $5.00 price target on shares of Lavoro in a report on Tuesday, April 22nd.

Lavoro Trading Down 0.5%

NASDAQ LVRO opened at $2.43 on Wednesday. The company has a fifty day simple moving average of $2.74 and a two-hundred day simple moving average of $3.89. The stock has a market cap of $283.01 million, a P/E ratio of -1.49 and a beta of 0.56. Lavoro Limited has a 12-month low of $2.10 and a 12-month high of $5.89. The company has a current ratio of 0.95, a quick ratio of 0.66 and a debt-to-equity ratio of 0.13.

About Lavoro

Lavoro Limited operates as an agricultural inputs retailer. The company operates through three segments: Brazil Cluster, LATAM Cluster, and Crop Care Cluster. It distributes agricultural inputs, such as crop protection, seeds, fertilizers, foliar fertilizers, biologicals, adjuvants, organominerals, and others for the agricultural industry.