B. Riley Wealth Advisors Inc. Sells 21,500 Shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY)

B. Riley Wealth Advisors Inc. reduced its stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) by 13.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 141,900 shares of the company’s stock after selling 21,500 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria were worth $1,792,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of CRESY. Tower Research Capital LLC TRC bought a new position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 4th quarter worth $38,000. Bank of America Corp DE raised its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 464.8% in the 4th quarter. Bank of America Corp DE now owns 8,116 shares of the company’s stock worth $103,000 after purchasing an additional 6,679 shares during the period. Meixler Investment Management Ltd. raised its position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 4.3% during the 4th quarter. Meixler Investment Management Ltd. now owns 49,741 shares of the company’s stock valued at $628,000 after purchasing an additional 2,071 shares during the period. Ping Capital Management Inc. lifted its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 26.3% during the 4th quarter. Ping Capital Management Inc. now owns 145,300 shares of the company’s stock valued at $1,835,000 after buying an additional 30,300 shares in the last quarter. Finally, Glenorchy Capital Ltd lifted its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 24.2% during the 4th quarter. Glenorchy Capital Ltd now owns 351,183 shares of the company’s stock valued at $4,435,000 after buying an additional 68,442 shares in the last quarter. 12.90% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria from a “sell” rating to a “hold” rating in a report on Thursday, May 15th.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Price Performance

NASDAQ:CRESY opened at $12.07 on Tuesday. The company has a quick ratio of 0.85, a current ratio of 1.09 and a debt-to-equity ratio of 0.30. The business’s 50-day simple moving average is $11.24 and its two-hundred day simple moving average is $11.76. The stock has a market cap of $730.30 million, a PE ratio of -11.18 and a beta of 1.11. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 52 week low of $6.56 and a 52 week high of $14.23.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last posted its quarterly earnings results on Thursday, May 8th. The company reported $1.18 EPS for the quarter. The business had revenue of $189.16 million for the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a negative return on equity of 2.40% and a negative net margin of 5.78%.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Profile

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, engages in the production of agricultural commodities in Brazil and other Latin American countries. The company operates through Agricultural Business, and Business Urban Properties and Investments segments.