Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $3.95 and traded as high as $4.30. Brasilagro Cia Brasileira De Propriedades Agricolas shares last traded at $4.26, with a volume of 156,279 shares changing hands.

Analysts Set New Price Targets

A number of equities research analysts have commented on LND shares. Wall Street Zen upgraded Brasilagro Cia Brasileira De Propriedades Agricolas to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings restated a “sell (d)” rating on shares of Brasilagro Cia Brasileira De Propriedades Agricolas in a report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Brasilagro Cia Brasileira De Propriedades Agricolas has an average rating of “Reduce”.

Brasilagro Cia Brasileira De Propriedades Agricolas Price Performance

The company has a 50 day moving average of $3.96 and a 200 day moving average of $3.81. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.72 and a current ratio of 1.61. The stock has a market capitalization of $438.85 million, a price-to-earnings ratio of 8.31 and a beta of 0.31.

Institutional Trading of Brasilagro Cia Brasileira De Propriedades Agricolas

Several hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC acquired a new position in Brasilagro Cia Brasileira De Propriedades Agricolas during the 2nd quarter worth approximately $37,000. ERn Financial LLC acquired a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas in the 3rd quarter valued at $50,000. SmartHarvest Portfolios LLC purchased a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the 4th quarter worth $68,000. Evelyn Partners Investment Management LLP lifted its position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas by 750.8% during the 2nd quarter. Evelyn Partners Investment Management LLP now owns 18,624 shares of the company’s stock worth $71,000 after purchasing an additional 16,435 shares during the last quarter. Finally, SBI Securities Co. Ltd. grew 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 worth $141,000 after purchasing an additional 14,651 shares in the last quarter. Institutional investors and hedge funds own 1.15% of the company’s stock.

Brasilagro Cia Brasileira De Propriedades Agricolas Company Profile

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.