Meixler Investment Management Ltd. Invests $173,000 in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY)

Meixler Investment Management Ltd. acquired a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) in the 4th quarter, Holdings Channel reports. The fund acquired 18,270 shares of the company’s stock, valued at approximately $173,000.

Several other institutional investors and hedge funds also recently modified their holdings of CRESY. Glenorchy Capital Ltd acquired a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the fourth quarter worth about $1,770,000. Citigroup Inc. boosted its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 79.5% during 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. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 42.8% during 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. 12.90% of the stock is owned by institutional investors and hedge funds.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Stock Up 0.5 %

NASDAQ CRESY traded up $0.05 during trading hours on Friday, hitting $9.23. 126,373 shares of the company traded hands, compared to its average volume of 175,936. The business’s 50-day moving average is $8.64 and its 200-day moving average is $8.66. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a twelve month low of $5.51 and a twelve month high of $10.19. 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 stock has a market capitalization of $547.71 million, a price-to-earnings ratio of 2.60 and a beta of 1.17.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last released its quarterly earnings data on Thursday, February 8th. The company reported ($0.56) earnings per share (EPS) for the quarter. The business had revenue of $246.62 million during the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a net margin of 24.32% and a return on equity of 8.22%.

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.