Short Interest in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Grows By 93.8%

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 130,800 shares, an increase of 93.8% from the March 31st total of 67,500 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 42,000 shares, the days-to-cover ratio is presently 3.1 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Grace & White Inc. NY increased its stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 38.8% during the fourth quarter. Grace & White Inc. NY now owns 817,057 shares of the company’s stock valued at $2,950,000 after buying an additional 228,488 shares during the period. Signaturefd LLC lifted its holdings in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 976.7% during the fourth quarter. Signaturefd LLC now owns 21,049 shares of the company’s stock valued at $76,000 after purchasing an additional 19,094 shares during the last quarter. Virtu Financial LLC bought a new stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the fourth quarter worth $87,000. Ballentine Partners LLC purchased a new stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the 4th quarter valued at about $89,000. Finally, Quadrant Capital Group LLC increased its position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 227.9% during the fourth quarter. Quadrant Capital Group LLC now owns 30,841 shares of the company’s stock valued at $111,000 after acquiring an additional 21,435 shares in the last quarter. 1.15% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas from a “hold” rating to a “sell” rating in a research report on Monday, February 10th.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Price Performance

Shares of NYSE:LND opened at $3.74 on Thursday. The company’s fifty day moving average price is $3.78 and its 200-day moving average price is $3.87. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a one year low of $3.49 and a one year high of $5.20. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.69 and a quick ratio of 0.80. The firm has a market capitalization of $384.03 million, a price-to-earnings ratio of 7.19 and a beta of 0.59.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last issued its earnings results on Thursday, February 6th. The company reported ($0.03) EPS for the quarter. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas had a return on equity of 13.06% and a net margin of 21.88%.

About BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas engages in the acquisition, development, exploration, and sale of rural properties suitable for agricultural activities in Brazil and internationally. It operates through six segments: Real Estate, Grains, Sugarcane, livestock, Cotton, and Other.