Grace & White Inc. NY Buys 228,488 Shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND)

Grace & White Inc. NY boosted its stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) by 38.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 817,057 shares of the company’s stock after acquiring an additional 228,488 shares during the quarter. Grace & White Inc. NY owned 0.80% of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas worth $2,950,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LND. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 40.4% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 15,490 shares of the company’s stock worth $56,000 after purchasing an additional 4,455 shares in the last quarter. Ballentine Partners LLC acquired a new stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the fourth quarter worth approximately $89,000. Finally, Glenorchy Capital Ltd raised its stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 14.8% in the third quarter. Glenorchy Capital Ltd now owns 109,584 shares of the company’s stock valued at $514,000 after acquiring an additional 14,161 shares during the last quarter. 1.15% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com downgraded BrasilAgro – Companhia Brasileira de Propriedades Agrícolas from a “hold” rating to a “sell” rating in a research report on Monday.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Stock Performance

Shares of NYSE LND opened at $3.77 on Thursday. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a 12-month low of $3.52 and a 12-month high of $5.20. The firm’s 50-day simple moving average is $3.74 and its 200 day simple moving average is $4.23. The company has a current ratio of 2.01, a quick ratio of 1.30 and a debt-to-equity ratio of 0.39.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last announced its earnings results on Thursday, February 6th. The company reported ($0.03) earnings per share (EPS) for the quarter.

About BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

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.