IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS – Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $13.87 and traded as high as $13.94. IRSA Inversiones y Representaciones Sociedad Anónima shares last traded at $13.38, with a volume of 286,487 shares traded.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised shares of IRSA Inversiones y Representaciones Sociedad Anónima from a “hold” rating to a “buy” rating in a report on Monday, February 17th.
View Our Latest Report on IRSA Inversiones y Representaciones Sociedad Anónima
IRSA Inversiones y Representaciones Sociedad Anónima Stock Up 2.4 %
IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS – Get Free Report) last issued its earnings results on Friday, February 7th. The financial services provider reported $0.92 earnings per share (EPS) for the quarter. IRSA Inversiones y Representaciones Sociedad Anónima had a negative net margin of 79.08% and a positive return on equity of 10.23%.
Institutional Trading of IRSA Inversiones y Representaciones Sociedad Anónima
Large investors have recently made changes to their positions in the company. Mirabella Financial Services LLP acquired a new position in shares of IRSA Inversiones y Representaciones Sociedad Anónima in the third quarter valued at approximately $877,000. GAMMA Investing LLC grew its holdings in IRSA Inversiones y Representaciones Sociedad Anónima by 37.7% in the fourth quarter. GAMMA Investing LLC now owns 4,706 shares of the financial services provider’s stock worth $70,000 after purchasing an additional 1,288 shares during the period. JPMorgan Chase & Co. grew its holdings in IRSA Inversiones y Representaciones Sociedad Anónima by 70.2% in the third quarter. JPMorgan Chase & Co. now owns 20,014 shares of the financial services provider’s stock worth $228,000 after purchasing an additional 8,258 shares during the period. Crocodile Capital Partners GmbH bought a new position in shares of IRSA Inversiones y Representaciones Sociedad Anónima in the fourth quarter valued at $541,000. Finally, BNP Paribas Financial Markets lifted its stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima by 14.0% in the third quarter. BNP Paribas Financial Markets now owns 98,416 shares of the financial services provider’s stock valued at $1,120,000 after buying an additional 12,071 shares in the last quarter. Institutional investors and hedge funds own 45.46% of the company’s stock.
About IRSA Inversiones y Representaciones Sociedad Anónima
IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina. It operates through five segments: Shopping Malls, Offices, Hotels, Sales and Developments, and Others. The company is involved in the acquisition, development, and operation of shopping malls, office buildings, and other non-shopping mall properties primarily for rental purposes.
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