Russell Investments Group Ltd. Takes Position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY)

Russell Investments Group Ltd. acquired a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 32,290 shares of the company’s stock, valued at approximately $306,000.

Other large investors have also recently made changes to their positions in the company. Meixler Investment Management Ltd. purchased a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the fourth quarter valued at $173,000. Citigroup Inc. boosted its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 79.5% in the third quarter. Citigroup Inc. now owns 116,647 shares of the company’s stock valued at $780,000 after purchasing an additional 51,670 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 42.8% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 168,852 shares of the company’s stock valued at $1,601,000 after purchasing an additional 50,581 shares during the last quarter. Finally, Glenorchy Capital Ltd purchased a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the fourth quarter valued at $1,770,000. 12.90% of the stock is owned by hedge funds and other institutional investors.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Price Performance

NASDAQ:CRESY opened at $9.87 on Thursday. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a one year low of $6.16 and a one year high of $10.75. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.89 and a current ratio of 1.18. The firm has a market cap of $585.69 million, a price-to-earnings ratio of 5.11 and a beta of 1.16. The firm’s fifty day moving average is $9.34 and its two-hundred day moving average is $8.95.

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.