Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Shares Pass Above 50 Day Moving Average – Here’s What Happened

Shares of Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $3.87 and traded as high as $4.21. Brasilagro Cia Brasileira De Propriedades Agricolas shares last traded at $4.18, with a volume of 37,100 shares trading hands.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. Wall Street Zen raised shares of Brasilagro Cia Brasileira De Propriedades Agricolas to a “hold” rating in a report on Saturday, February 14th. Weiss Ratings reissued a “sell (d)” rating on shares of Brasilagro Cia Brasileira De Propriedades Agricolas in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Brasilagro Cia Brasileira De Propriedades Agricolas has a consensus rating of “Reduce”.

Brasilagro Cia Brasileira De Propriedades Agricolas Stock Performance

The stock has a fifty day simple moving average of $3.89 and a two-hundred day simple moving average of $3.79. The company has a quick ratio of 0.72, a current ratio of 1.61 and a debt-to-equity ratio of 0.43.

Institutional Investors Weigh In On Brasilagro Cia Brasileira De Propriedades Agricolas

A number of institutional investors have recently added to or reduced their stakes in LND. SBI Securities Co. Ltd. boosted its position in Brasilagro Cia Brasileira De Propriedades Agricolas by 66.2% during the second 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 during the last quarter. Evelyn Partners Investment Management LLP lifted its stake in shares of 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 valued at $71,000 after purchasing an additional 16,435 shares during the period. EverSource Wealth Advisors LLC acquired a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas in the 2nd quarter valued at about $37,000. ERn Financial LLC bought a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the 3rd quarter valued at about $50,000. Finally, Windmill Hill Asset Management Ltd grew its stake in Brasilagro Cia Brasileira De Propriedades Agricolas by 100.0% during the fourth quarter. Windmill Hill Asset Management Ltd now owns 141,796 shares of the company’s stock worth $508,000 after purchasing an additional 70,898 shares during the period. 1.15% of the stock is owned by institutional investors.

Brasilagro Cia Brasileira De Propriedades Agricolas Company Profile

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.