Adecoagro SA (AGRO) Shares Sold by CoreCommodity Management LLC
CoreCommodity Management LLC decreased its position in shares of Adecoagro SA (NYSE:AGRO) by 45.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,045 shares of the company’s stock after selling 45,803 shares during the period. CoreCommodity Management LLC’s holdings in Adecoagro were worth $390,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in AGRO. Quantamental Technologies LLC acquired a new position in Adecoagro during the 4th quarter worth $42,000. Capital Investment Advisory Services LLC acquired a new position in Adecoagro during the 4th quarter worth $49,000. Jane Street Group LLC acquired a new position in Adecoagro during the 3rd quarter worth $141,000. GSA Capital Partners LLP acquired a new position in Adecoagro during the 4th quarter worth $155,000. Finally, Fox Run Management L.L.C. acquired a new position in Adecoagro during the 4th quarter worth $164,000. 42.30% of the stock is owned by hedge funds and other institutional investors.
NYSE:AGRO opened at $6.96 on Friday. Adecoagro SA has a 52-week low of $6.34 and a 52-week high of $9.06. The company has a current ratio of 2.23, a quick ratio of 1.39 and a debt-to-equity ratio of 0.61. The stock has a market cap of $844.94 million, a PE ratio of 87.00 and a beta of 0.58.
ILLEGAL ACTIVITY NOTICE: This report was originally published by Daily Political and is the sole property of of Daily Political. If you are reading this report on another domain, it was illegally stolen and republished in violation of international copyright & trademark laws. The legal version of this report can be viewed at https://www.dailypolitical.com/2019/03/16/adecoagro-sa-agro-shares-sold-by-corecommodity-management-llc.html.
Adecoagro SA, an agricultural company, engages in farming crops and other agricultural products, dairy operations, sugar, ethanol and energy production, and land transformation activities in South America. The company engages in the planting, harvesting, and sale of grains, oilseeds, and fibers including wheat, corn, soybeans, cotton, sunflowers, and other; provision of grain warehousing/conditioning, handling, and drying services to third parties; and purchase and sale of crops produced by third parties.
Recommended Story: What causes a recession?
Want to see what other hedge funds are holding AGRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Adecoagro SA (NYSE:AGRO).
Receive News & Ratings for Adecoagro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adecoagro and related companies with MarketBeat.com's FREE daily email newsletter.