Anson Capital Inc. Reduces Stock Position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY)

Anson Capital Inc. decreased its position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) by 13.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,261 shares of the company’s stock after selling 1,585 shares during the quarter. Anson Capital Inc.’s holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria were worth $89,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Deuterium Capital Management LLC acquired a new position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the first quarter worth about $92,000. Truist Financial Corp acquired a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 2nd quarter worth approximately $216,000. Meixler Investment Management Ltd. raised its position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 62.9% during the 1st quarter. Meixler Investment Management Ltd. now owns 29,753 shares of the company’s stock worth $266,000 after purchasing an additional 11,483 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 45.4% in the 1st quarter. Russell Investments Group Ltd. now owns 46,942 shares of the company’s stock valued at $419,000 after buying an additional 14,652 shares in the last quarter. Finally, Ping Capital Management Inc. acquired a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 2nd quarter valued at $773,000. Institutional investors and hedge funds own 12.90% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Trading Up 2.8 %

CRESY stock traded up $0.26 on Friday, hitting $9.53. 207,448 shares of the company were exchanged, compared to its average volume of 171,549. The stock has a market capitalization of $565.50 million, a price-to-earnings ratio of 4.94 and a beta of 1.10. The business’s fifty day moving average is $8.73 and its two-hundred day moving average is $8.70. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a twelve month low of $6.56 and a twelve month high of $10.75. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.08 and a quick ratio of 0.80.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last issued its earnings results on Thursday, September 5th. The company reported $1.00 earnings per share for the quarter. The firm had revenue of $294.43 million for the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a return on equity of 3.90% and a net margin of 11.64%.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Company 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.