Systrade AG Boosts Stock Holdings in IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS)

Systrade AG boosted its stake in IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) by 3.6% during the 4th quarter, HoldingsChannel reports. The fund owned 103,601 shares of the financial services provider’s stock after acquiring an additional 3,601 shares during the quarter. IRSA Inversiones y Representaciones Sociedad Anónima comprises 2.5% of Systrade AG’s investment portfolio, making the stock its 7th largest position. Systrade AG’s holdings in IRSA Inversiones y Representaciones Sociedad Anónima were worth $1,547,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in IRSA Inversiones y Representaciones Sociedad Anónima by 71.0% in the 3rd quarter. GAMMA Investing LLC now owns 3,418 shares of the financial services provider’s stock valued at $39,000 after acquiring an additional 1,419 shares in the last quarter. Quadrature Capital Ltd bought a new stake in IRSA Inversiones y Representaciones Sociedad Anónima during the 3rd quarter worth about $199,000. JPMorgan Chase & Co. lifted its position in IRSA Inversiones y Representaciones Sociedad Anónima by 70.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,014 shares of the financial services provider’s stock worth $228,000 after buying an additional 8,258 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in IRSA Inversiones y Representaciones Sociedad Anónima during the 2nd quarter worth about $473,000. Finally, Mirabella Financial Services LLP bought a new stake in IRSA Inversiones y Representaciones Sociedad Anónima during the 3rd quarter worth about $877,000. 45.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of IRSA Inversiones y Representaciones Sociedad Anónima from a “buy” rating to a “hold” rating in a research report on Friday, November 8th.

IRSA Inversiones y Representaciones Sociedad Anónima Price Performance

Shares of NYSE:IRS opened at $14.74 on Monday. The company’s 50-day moving average price is $15.83 and its two-hundred day moving average price is $12.70. IRSA Inversiones y Representaciones Sociedad Anónima has a one year low of $7.10 and a one year high of $17.67. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.93 and a quick ratio of 0.93.

IRSA Inversiones y Representaciones Sociedad Anónima Increases Dividend

The company also recently disclosed a — dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 29th were paid a dividend of $3.60 per share. The ex-dividend date was Friday, November 29th. This is a positive change from IRSA Inversiones y Representaciones Sociedad Anónima’s previous — dividend of $1.02. IRSA Inversiones y Representaciones Sociedad Anónima’s payout ratio is currently -21.53%.

IRSA Inversiones y Representaciones Sociedad Anónima Company Profile

IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina. It operates through five segments: Shopping Malls, Offices, Hotels, Sales and Developments, and Others. The company is involved in the acquisition, development, and operation of shopping malls, office buildings, and other non-shopping mall properties primarily for rental purposes.