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

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

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

Brasilagro Cia Brasileira De Propriedades Agricolas Trading Up 1.0%

LND stock opened at $3.86 on Friday. The company has a market cap of $396.34 million, a P/E ratio of 7.56 and a beta of 0.29. 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 business has a fifty day moving average of $3.76 and a 200-day moving average of $3.76.

Institutional Trading of Brasilagro Cia Brasileira De Propriedades Agricolas

Several hedge funds have recently bought and sold shares of LND. Windmill Hill Asset Management Ltd lifted its stake in 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. Banco BTG Pactual S.A. acquired a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the fourth quarter worth $265,000. SBI Securities Co. Ltd. lifted its position in Brasilagro Cia Brasileira De Propriedades Agricolas by 66.2% in the 2nd quarter. SBI Securities Co. Ltd. now owns 36,799 shares of the company’s stock valued at $141,000 after acquiring an additional 14,651 shares in the last quarter. SmartHarvest Portfolios LLC acquired a new position in Brasilagro Cia Brasileira De Propriedades Agricolas in the 4th quarter worth $68,000. Finally, Evelyn Partners Investment Management LLP boosted its stake in Brasilagro Cia Brasileira De Propriedades Agricolas by 750.8% in the 2nd quarter. Evelyn Partners Investment Management LLP now owns 18,624 shares of the company’s stock worth $71,000 after purchasing an additional 16,435 shares during the period. 1.15% of the stock is currently owned by institutional investors and hedge funds.

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.