Cresud S.A.C.I.F. y A. (CRESY) Holdings Decreased by Parametric Portfolio Associates LLC

Parametric Portfolio Associates LLC cut its position in Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) by 10.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 153,959 shares of the company’s stock after selling 17,104 shares during the period. Parametric Portfolio Associates LLC owned approximately 0.31% of Cresud S.A.C.I.F. y A. worth $2,995,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Newfoundland Capital Management raised its holdings in shares of Cresud S.A.C.I.F. y A. by 45.3% during the second quarter. Newfoundland Capital Management now owns 1,990,970 shares of the company’s stock valued at $38,725,000 after purchasing an additional 620,690 shares during the last quarter. Opera Trading Capital purchased a new position in shares of Cresud S.A.C.I.F. y A. during the second quarter valued at approximately $1,273,000. Renaissance Technologies LLC purchased a new position in shares of Cresud S.A.C.I.F. y A. during the first quarter valued at approximately $1,242,000. GAM Holding AG raised its holdings in shares of Cresud S.A.C.I.F. y A. by 68.2% during the second quarter. GAM Holding AG now owns 148,000 shares of the company’s stock valued at $2,878,000 after purchasing an additional 60,000 shares during the last quarter. Finally, Dorsey Wright & Associates raised its holdings in shares of Cresud S.A.C.I.F. y A. by 52.5% during the second quarter. Dorsey Wright & Associates now owns 135,986 shares of the company’s stock valued at $1,111,000 after purchasing an additional 46,803 shares during the last quarter. 24.80% of the stock is owned by institutional investors and hedge funds.

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A number of analysts have commented on the stock. BidaskClub cut shares of Cresud S.A.C.I.F. y A. from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. TheStreet raised shares of Cresud S.A.C.I.F. y A. from a “d+” rating to a “c-” rating in a report on Tuesday, October 3rd.

Cresud S.A.C.I.F. y A. (NASDAQ CRESY) opened at $21.48 on Monday. Cresud S.A.C.I.F. y A. has a 12-month low of $13.70 and a 12-month high of $23.69. The company has a debt-to-equity ratio of 2.28, a quick ratio of 1.20 and a current ratio of 1.34.

The company also recently declared an annual dividend, which will be paid on Monday, November 13th. Shareholders of record on Monday, November 13th will be given a $0.429 dividend. The ex-dividend date is Friday, November 10th.

Cresud S.A.C.I.F. y A. Company Profile

Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria is an agricultural company engaged in the production of basic agricultural commodities with presence in the agricultural sector of Brazil, through its investment in Brasilagro, as well as in other Latin American countries. In addition, the Company leases lands to third parties and perform agency and agro-industrial services, including a meat packing plant.

Institutional Ownership by Quarter for Cresud S.A.C.I.F. y A. (NASDAQ:CRESY)

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