Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Stock Crosses Above 50-Day Moving Average – What’s Next?

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $3.76 and traded as high as $3.88. Brasilagro Cia Brasileira De Propriedades Agricolas shares last traded at $3.86, with a volume of 82,170 shares trading hands.

Analyst Ratings Changes

A number of equities research analysts have recently commented on LND shares. Wall Street Zen raised Brasilagro Cia Brasileira De Propriedades Agricolas to a “hold” rating in a research report on Saturday. Weiss Ratings restated 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Brasilagro Cia Brasileira De Propriedades Agricolas Stock Up 1.0%

The company has a 50 day simple moving average of $3.76 and a 200 day simple moving average of $3.76. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.93 and a current ratio of 1.61.

Hedge Funds Weigh In On Brasilagro Cia Brasileira De Propriedades Agricolas

Several hedge funds and other institutional investors have recently made changes to their positions in LND. SBI Securities Co. Ltd. increased its holdings in Brasilagro Cia Brasileira De Propriedades Agricolas by 66.2% in the 2nd 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. Evelyn Partners Investment Management LLP increased its position 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 worth $71,000 after acquiring an additional 16,435 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the second quarter worth about $37,000. ERn Financial LLC acquired a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas in the third quarter worth about $50,000. Finally, Windmill Hill Asset Management Ltd boosted its holdings in Brasilagro Cia Brasileira De Propriedades Agricolas by 100.0% in the fourth quarter. Windmill Hill Asset Management Ltd now owns 141,796 shares of the company’s stock valued at $508,000 after purchasing an additional 70,898 shares during the last quarter. Institutional investors and hedge funds 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.