BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Short Interest Update

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) was the recipient of a large drop in short interest in March. As of March 15th, there was short interest totalling 70,900 shares, a drop of 17.0% from the February 28th total of 85,400 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 44,600 shares, the days-to-cover ratio is currently 1.6 days.

Analysts Set New Price Targets

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

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Trading Down 0.7 %

NYSE LND traded down $0.03 on Tuesday, hitting $3.95. 11,525 shares of the stock were exchanged, compared to its average volume of 38,372. The company’s 50-day moving average price is $3.76 and its two-hundred day moving average price is $4.00. The company has a market capitalization of $406.01 million, a price-to-earnings ratio of 7.60 and a beta of 0.83. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a 52-week low of $3.49 and a 52-week 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.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last announced its quarterly earnings data on Thursday, February 6th. The company reported ($0.03) earnings per share (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%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 40.4% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 15,490 shares of the company’s stock valued at $56,000 after acquiring an additional 4,455 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the fourth quarter valued at $71,000. Signaturefd LLC grew its stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 976.7% in 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 in the last quarter. Virtu Financial LLC acquired a new position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the 4th quarter worth about $87,000. Finally, Ballentine Partners LLC purchased a new stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the 4th quarter worth about $89,000. 1.15% of the stock is owned by hedge funds and other institutional investors.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Company Profile

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.