Cresud S.A.C.I.F. y A. (CRESY) is VR Advisory Services Ltd’s 6th Largest Position

VR Advisory Services Ltd decreased its holdings in Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) by 20.0% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 473,312 shares of the company’s stock after selling 117,983 shares during the period. Cresud S.A.C.I.F. y A. makes up about 5.0% of VR Advisory Services Ltd’s investment portfolio, making the stock its 6th largest position. VR Advisory Services Ltd’s holdings in Cresud S.A.C.I.F. y A. were worth $9,537,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Carmignac Gestion raised its stake in shares of Cresud S.A.C.I.F. y A. by 47.2% during the first quarter. Carmignac Gestion now owns 834,035 shares of the company’s stock valued at $16,806,000 after purchasing an additional 267,413 shares during the period. Russell Investments Group Ltd. raised its stake in shares of Cresud S.A.C.I.F. y A. by 51.7% during the first quarter. Russell Investments Group Ltd. now owns 643,717 shares of the company’s stock valued at $12,971,000 after purchasing an additional 219,518 shares during the period. Senvest Management LLC raised its stake in shares of Cresud S.A.C.I.F. y A. by 13.7% during the fourth quarter. Senvest Management LLC now owns 1,620,987 shares of the company’s stock valued at $35,808,000 after purchasing an additional 195,830 shares during the period. Triarii Capital Management LP purchased a new stake in shares of Cresud S.A.C.I.F. y A. during the fourth quarter valued at approximately $2,917,000. Finally, BlackRock Inc. raised its stake in shares of Cresud S.A.C.I.F. y A. by 23.3% during the fourth quarter. BlackRock Inc. now owns 226,360 shares of the company’s stock valued at $5,000,000 after purchasing an additional 42,720 shares during the period. Hedge funds and other institutional investors own 31.27% of the company’s stock.

CRESY opened at $17.79 on Thursday. Cresud S.A.C.I.F. y A. has a 52-week low of $15.53 and a 52-week high of $23.69. The company has a debt-to-equity ratio of 2.35, a current ratio of 1.51 and a quick ratio of 1.35.

Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) last posted its quarterly earnings data on Monday, May 14th. The company reported $0.48 earnings per share (EPS) for the quarter. The company had revenue of $1.17 billion for the quarter. Cresud S.A.C.I.F. y A. had a net margin of 6.69% and a return on equity of 14.14%.

Separately, BidaskClub upgraded shares of Cresud S.A.C.I.F. y A. from a “sell” rating to a “hold” rating in a research note on Wednesday, April 11th.

About Cresud S.A.C.I.F. y A.

Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, produces basic agricultural commodities in Brazil and other Latin American countries. The Agricultural business is involved in planting, harvesting, and sale of crops, such as wheat, corn, soybean, cotton, and sunflower, as well as sugarcane; breeding, purchasing, and fattening of beef cattle for sale to meat processors and local livestock auction markets; producing raw milk for sale to local milk and milk-related products producers; the leasing of farms to third parties; the disposal and development of farmlands activities; and feedlot farming, as well as meat slaughtering and processing activities.

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Institutional Ownership by Quarter for Cresud S.A.C.I.F. y A. (NASDAQ:CRESY)

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