BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Downgraded to Sell at StockNews.com

StockNews.com cut shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) from a hold rating to a sell rating in a research report report published on Saturday morning.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Stock Performance

Shares of LND stock opened at $4.86 on Friday. The company has a market capitalization of $499.02 million, a P/E ratio of 8.87 and a beta of 0.83. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a 52 week low of $4.40 and a 52 week high of $6.00. The company’s 50 day moving average price is $4.76 and its two-hundred day moving average price is $4.81. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.24 and a current ratio of 2.09.

Institutional Inflows and Outflows

An institutional investor recently raised its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock. Renaissance Technologies LLC boosted its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) by 12.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 72,735 shares of the company’s stock after buying an additional 8,235 shares during the quarter. Renaissance Technologies LLC owned approximately 0.07% of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas worth $335,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 1.15% of the company’s stock.

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.