Decker Retirement Planning Inc. Makes New $4.63 Million Investment in Adecoagro S.A. $AGRO

Decker Retirement Planning Inc. bought a new position in shares of Adecoagro S.A. (NYSE:AGRO) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 308,170 shares of the company’s stock, valued at approximately $4,629,000. Adecoagro makes up 2.1% of Decker Retirement Planning Inc.’s investment portfolio, making the stock its 13th largest position. Decker Retirement Planning Inc. owned approximately 0.31% of Adecoagro at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cantor Fitzgerald L. P. acquired a new position in Adecoagro during the 3rd quarter worth $1,082,000. Quent Capital LLC bought a new position in Adecoagro in the 4th quarter valued at $595,000. Tudor Investment Corp ET AL acquired a new stake in shares of Adecoagro in the 3rd quarter valued at $295,000. Stonebridge Financial Group LLC MO acquired a new stake in shares of Adecoagro in the 4th quarter valued at $592,000. Finally, Orion Porfolio Solutions LLC bought a new stake in shares of Adecoagro during the fourth quarter worth $88,000. Institutional investors and hedge funds own 45.25% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on AGRO. Wall Street Zen upgraded Adecoagro from a “sell” rating to a “hold” rating in a report on Saturday, April 4th. Morgan Stanley raised Adecoagro from an “underweight” rating to an “equal weight” rating and boosted their price objective for the stock from $9.50 to $13.00 in a report on Tuesday, March 17th. UBS Group upgraded shares of Adecoagro from a “neutral” rating to a “buy” rating and upped their target price for the company from $8.00 to $16.20 in a research report on Monday, March 30th. JPMorgan Chase & Co. raised their target price on shares of Adecoagro from $7.00 to $10.50 and gave the company an “underweight” rating in a research note on Monday, June 15th. Finally, Citigroup cut shares of Adecoagro from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $13.00 to $15.00 in a research report on Tuesday, April 14th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $12.12.

Adecoagro Stock Up 1.9%

NYSE:AGRO opened at $9.29 on Friday. Adecoagro S.A. has a 12-month low of $6.89 and a 12-month high of $15.89. The company has a quick ratio of 0.86, a current ratio of 1.74 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $1.32 billion, a P/E ratio of 464.48 and a beta of -0.08. The stock’s fifty day simple moving average is $12.29 and its 200-day simple moving average is $10.76.

Adecoagro (NYSE:AGRO) last released its quarterly earnings data on Monday, May 11th. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.49). Adecoagro had a net margin of 0.95% and a negative return on equity of 2.38%. The company had revenue of $419.44 million during the quarter, compared to the consensus estimate of $408.94 million. Equities research analysts expect that Adecoagro S.A. will post 1.73 earnings per share for the current year.

Adecoagro Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, May 19th. Stockholders of record on Monday, May 4th were given a dividend of $0.1213 per share. This represents a dividend yield of 160.0%. The ex-dividend date was Monday, May 4th. Adecoagro’s payout ratio is presently 1,200.00%.

Adecoagro Company Profile

Adecoagro (NYSE: AGRO) is a leading agricultural and renewable energy company with core operations in South America. Founded in 2002 by Argentine entrepreneur Alejandro Bulgheroni, the company has grown into a vertically integrated platform covering crop production, sugar and ethanol manufacturing, and dairy operations. Adecoagro’s business model spans the full value chain, from seed selection and planting through harvesting, processing and distribution of commodities.

The company manages over 700,000 hectares of farmland across Argentina, Brazil and Uruguay.