Parametric Portfolio Associates LLC increased its stake in shares of IRSA Inversiones Y Representaciones S.A. (NYSE:IRS) by 41.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 94,815 shares of the financial services provider’s stock after buying an additional 27,700 shares during the period. Parametric Portfolio Associates LLC owned about 0.16% of IRSA Inversiones Y Representaciones worth $2,324,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in IRS. Acadian Asset Management LLC bought a new stake in IRSA Inversiones Y Representaciones during the first quarter valued at about $433,000. FMR LLC boosted its stake in IRSA Inversiones Y Representaciones by 133.5% in the fourth quarter. FMR LLC now owns 37,610 shares of the financial services provider’s stock valued at $694,000 after buying an additional 21,500 shares during the period. Dorsey Wright & Associates boosted its stake in IRSA Inversiones Y Representaciones by 41.9% in the first quarter. Dorsey Wright & Associates now owns 77,671 shares of the financial services provider’s stock valued at $1,903,000 after buying an additional 22,935 shares during the period. Renaissance Technologies LLC boosted its stake in IRSA Inversiones Y Representaciones by 160.2% in the fourth quarter. Renaissance Technologies LLC now owns 44,237 shares of the financial services provider’s stock valued at $816,000 after buying an additional 27,237 shares during the period. Finally, Macquarie Group Ltd. boosted its stake in IRSA Inversiones Y Representaciones by 2.3% in the fourth quarter. Macquarie Group Ltd. now owns 1,677,386 shares of the financial services provider’s stock valued at $30,929,000 after buying an additional 38,500 shares during the period. 19.65% of the stock is owned by institutional investors.

Shares of IRSA Inversiones Y Representaciones S.A. (NYSE IRS) traded up 1.69% during midday trading on Friday, hitting $22.84. 11,647 shares of the stock traded hands. The stock has a 50-day moving average of $23.51 and a 200-day moving average of $23.71. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 14.46 and a beta of 2.03. IRSA Inversiones Y Representaciones S.A. has a 52-week low of $16.13 and a 52-week high of $26.50.

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IRS has been the subject of several research reports. BidaskClub cut shares of IRSA Inversiones Y Representaciones from a “hold” rating to a “sell” rating in a research report on Monday. TheStreet raised shares of IRSA Inversiones Y Representaciones from a “d+” rating to a “c-” rating in a research report on Tuesday, May 9th. Finally, Zacks Investment Research cut shares of IRSA Inversiones Y Representaciones from a “buy” rating to a “hold” rating in a research report on Thursday, June 29th.

IRSA Inversiones Y Representaciones Company Profile

Institutional Ownership by Quarter for IRSA Inversiones Y Representaciones (NYSE:IRS)

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