Citadel Advisors LLC Purchases Shares of 10,069 Lavoro Limited (NASDAQ:LVRO)

Citadel Advisors LLC purchased a new position in shares of Lavoro Limited (NASDAQ:LVRO) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 10,069 shares of the company’s stock, valued at approximately $48,000.

Separately, Northern Trust Corp grew its stake in shares of Lavoro by 73.8% in the fourth quarter. Northern Trust Corp now owns 25,488 shares of the company’s stock valued at $122,000 after buying an additional 10,826 shares in the last quarter. 2.47% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

LVRO has been the subject of a number of recent analyst reports. Barclays reiterated an “underweight” rating and issued a $1.50 price target (down previously from $5.00) on shares of Lavoro in a research note on Wednesday, May 14th. UBS Group set a $5.00 target price on shares of Lavoro in a research note on Tuesday, April 22nd. Finally, Oppenheimer reiterated an “underperform” rating on shares of Lavoro in a report on Thursday, June 5th.

Lavoro Price Performance

NASDAQ:LVRO opened at $2.81 on Thursday. The company has a market cap of $327.67 million, a P/E ratio of -1.72 and a beta of 0.55. The firm’s fifty day moving average price is $2.70 and its two-hundred day moving average price is $3.80. Lavoro Limited has a one year low of $2.10 and a one year high of $5.89. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.95 and a quick ratio of 0.66.

Lavoro Company Profile

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.