Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Raised to Hold at Wall Street Zen

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) was upgraded by equities research analysts at Wall Street Zen to a “hold” rating in a research report issued on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Brasilagro Cia Brasileira De Propriedades Agricolas in a report on Monday, December 29th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce”.

Brasilagro Cia Brasileira De Propriedades Agricolas Stock Performance

Brasilagro Cia Brasileira De Propriedades Agricolas stock opened at $3.86 on Friday. The company has a fifty day moving average price of $3.76 and a two-hundred day moving average price of $3.76. The company has a quick ratio of 0.72, a current ratio of 1.61 and a debt-to-equity ratio of 0.43. Brasilagro Cia Brasileira De Propriedades Agricolas has a 12 month low of $3.47 and a 12 month high of $4.20.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of LND. EverSource Wealth Advisors LLC acquired a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the second quarter worth approximately $37,000. ERn Financial LLC acquired a new position in Brasilagro Cia Brasileira De Propriedades Agricolas during the 3rd quarter worth $50,000. SmartHarvest Portfolios LLC bought a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas in the fourth quarter worth $68,000. Evelyn Partners Investment Management LLP increased its holdings in shares of Brasilagro Cia Brasileira De Propriedades Agricolas by 750.8% during the second quarter. Evelyn Partners Investment Management LLP now owns 18,624 shares of the company’s stock valued at $71,000 after purchasing an additional 16,435 shares during the period. Finally, SBI Securities Co. Ltd. raised its stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas by 66.2% during the second quarter. SBI Securities Co. Ltd. now owns 36,799 shares of the company’s stock valued at $141,000 after purchasing an additional 14,651 shares in the last quarter. Institutional investors own 1.15% of the company’s stock.

About Brasilagro Cia Brasileira De Propriedades Agricolas

Brasilagro Cia Brasileira De Propriedades Agrícolas is a Brazil-based agribusiness company focused on the acquisition, development and commercialization of agricultural land in key farming regions across the country. The company’s core activities include identifying undervalued or underutilized rural properties, implementing infrastructure improvements and modern farming practices, and either operating the land directly or selling it to third parties. Brasilagro’s land bank spans several states in Brazil, with holdings in Maranhão, Bahia, Tocantins, Goiás and Mato Grosso, among others.

In its agricultural operations, Brasilagro cultivates a variety of crops such as soybeans, corn and cotton, leveraging advances in crop genetics, irrigation and soil management to enhance productivity and sustainability.