Holistic Financial Partners raised its position in Adecoagro SA (NYSE:AGRO) by 11.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 19,745 shares of the company’s stock after acquiring an additional 2,028 shares during the quarter. Holistic Financial Partners’ holdings in Adecoagro were worth $136,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Brandes Investment Partners LP lifted its holdings in Adecoagro by 1.0% in the fourth quarter. Brandes Investment Partners LP now owns 7,791,909 shares of the company’s stock valued at $54,232,000 after acquiring an additional 79,193 shares during the period. Jennison Associates LLC raised its stake in shares of Adecoagro by 1.1% in the fourth quarter. Jennison Associates LLC now owns 6,115,520 shares of the company’s stock worth $42,564,000 after buying an additional 68,882 shares during the period. Norges Bank bought a new position in shares of Adecoagro in the fourth quarter worth about $9,660,000. CLARET ASSET MANAGEMENT Corp raised its stake in Adecoagro by 1.3% during the 4th quarter. CLARET ASSET MANAGEMENT Corp now owns 450,763 shares of the company’s stock valued at $3,137,000 after purchasing an additional 5,883 shares during the period. Finally, Deutsche Bank AG raised its stake in Adecoagro by 1,529.9% during the 4th quarter. Deutsche Bank AG now owns 338,568 shares of the company’s stock valued at $2,356,000 after purchasing an additional 317,796 shares during the period. 43.40% of the stock is currently owned by institutional investors.

Shares of Adecoagro stock traded up $0.02 on Thursday, reaching $6.62. The company had a trading volume of 360 shares, compared to its average volume of 336,306. The stock has a market cap of $768.13 million, a price-to-earnings ratio of 8.50 and a beta of 0.56. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.58 and a current ratio of 2.38. Adecoagro SA has a 1 year low of $6.33 and a 1 year high of $9.06.

Adecoagro (NYSE:AGRO) last announced its earnings results on Thursday, March 14th. The company reported ($0.15) EPS for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.37). The company had revenue of $226.51 million during the quarter. Adecoagro had a positive return on equity of 11.36% and a negative net margin of 3.10%. Sell-side analysts predict that Adecoagro SA will post 0.31 earnings per share for the current fiscal year.

Several analysts recently issued reports on the company. Zacks Investment Research downgraded Adecoagro from a “buy” rating to a “hold” rating in a research note on Thursday, February 21st. Morgan Stanley downgraded Adecoagro from an “overweight” rating to an “equal weight” rating and set a $10.00 target price on the stock. in a research note on Wednesday, January 16th. Finally, ValuEngine downgraded Adecoagro from a “hold” rating to a “sell” rating in a research note on Monday, April 1st. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the stock. Adecoagro currently has an average rating of “Hold” and an average target price of $9.50.

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Adecoagro Profile

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.

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Institutional Ownership by Quarter for Adecoagro (NYSE:AGRO)

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