Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Upgraded by Wall Street Zen to “Hold” Rating

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) was upgraded by research analysts at Wall Street Zen to a “hold” rating in a research note issued on Saturday.

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Brasilagro Cia Brasileira De Propriedades Agricolas in a report on Monday, December 29th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce”.

Brasilagro Cia Brasileira De Propriedades Agricolas Stock Performance

NYSE LND opened at $3.86 on Friday. Brasilagro Cia Brasileira De Propriedades Agricolas has a twelve month low of $3.47 and a twelve month high of $4.20. The company has a quick ratio of 0.93, a current ratio of 1.61 and a debt-to-equity ratio of 0.43. The stock has a market cap of $396.34 million, a P/E ratio of 7.56 and a beta of 0.29. The company’s 50-day simple moving average is $3.76 and its 200 day simple moving average is $3.76.

Institutional Investors Weigh In On Brasilagro Cia Brasileira De Propriedades Agricolas

A number of large investors have recently bought and sold shares of the business. Banco BTG Pactual S.A. acquired a new stake in Brasilagro Cia Brasileira De Propriedades Agricolas during the 4th quarter valued at $265,000. SmartHarvest Portfolios LLC bought a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the fourth quarter worth $68,000. Windmill Hill Asset Management Ltd increased its stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas by 100.0% in the fourth quarter. Windmill Hill Asset Management Ltd now owns 141,796 shares of the company’s stock valued at $508,000 after buying an additional 70,898 shares in the last quarter. ERn Financial LLC bought a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas in the third quarter valued at about $50,000. Finally, EverSource Wealth Advisors LLC bought a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas in the second quarter worth about $37,000. 1.15% of the stock is currently owned by institutional investors.

About Brasilagro Cia Brasileira De Propriedades Agricolas

Brasilagro Cia Brasileira De Propriedades Agrícolas is a Brazil-based agribusiness company focused on the acquisition, development and commercialization of agricultural land in key farming regions across the country. The company’s core activities include identifying undervalued or underutilized rural properties, implementing infrastructure improvements and modern farming practices, and either operating the land directly or selling it to third parties. Brasilagro’s land bank spans several states in Brazil, with holdings in Maranhão, Bahia, Tocantins, Goiás and Mato Grosso, among others.

In its agricultural operations, Brasilagro cultivates a variety of crops such as soybeans, corn and cotton, leveraging advances in crop genetics, irrigation and soil management to enhance productivity and sustainability.