IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) Shares Bought by Stokes Family Office LLC

Stokes Family Office LLC raised its position in IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) by 3.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,416 shares of the financial services provider’s stock after purchasing an additional 1,611 shares during the quarter. Stokes Family Office LLC’s holdings in IRSA Inversiones y Representaciones Sociedad Anónima were worth $693,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Mirabella Financial Services LLP acquired a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima in the third quarter valued at approximately $877,000. GAMMA Investing LLC increased its stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima by 37.7% in the fourth quarter. GAMMA Investing LLC now owns 4,706 shares of the financial services provider’s stock valued at $70,000 after purchasing an additional 1,288 shares during the period. JPMorgan Chase & Co. increased its stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima by 70.2% in the third quarter. JPMorgan Chase & Co. now owns 20,014 shares of the financial services provider’s stock valued at $228,000 after purchasing an additional 8,258 shares during the period. Crocodile Capital Partners GmbH acquired a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima in the fourth quarter valued at approximately $541,000. Finally, BNP Paribas Financial Markets increased its stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima by 14.0% in the third quarter. BNP Paribas Financial Markets now owns 98,416 shares of the financial services provider’s stock valued at $1,120,000 after purchasing an additional 12,071 shares during the period. Institutional investors and hedge funds own 45.46% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of IRSA Inversiones y Representaciones Sociedad Anónima from a “hold” rating to a “buy” rating in a research note on Monday, February 17th.

IRSA Inversiones y Representaciones Sociedad Anónima Price Performance

NYSE IRS opened at $13.09 on Wednesday. IRSA Inversiones y Representaciones Sociedad Anónima has a 12 month low of $7.92 and a 12 month 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. The firm has a market capitalization of $979.67 million, a PE ratio of -3.06 and a beta of 1.45. The company’s 50 day simple moving average is $14.19 and its 200 day simple moving average is $14.01.

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) last posted its quarterly earnings data on Friday, February 7th. The financial services provider reported $0.92 EPS for the quarter. IRSA Inversiones y Representaciones Sociedad Anónima had a negative net margin of 79.08% and a positive return on equity of 10.23%.

About IRSA Inversiones y Representaciones Sociedad Anónima

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.