Bioceres Crop Solutions Corp. (NASDAQ:BIOX) Shares Bought by Wellington Management Group LLP

Wellington Management Group LLP lifted its position in shares of Bioceres Crop Solutions Corp. (NASDAQ:BIOX) by 3.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 236,906 shares of the company’s stock after buying an additional 7,096 shares during the period. Wellington Management Group LLP owned approximately 0.38% of Bioceres Crop Solutions worth $3,253,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in BIOX. Fourth Sail Capital LP acquired a new stake in Bioceres Crop Solutions during the fourth quarter worth $9,465,000. Polar Capital Holdings Plc acquired a new stake in shares of Bioceres Crop Solutions during the 3rd quarter worth about $2,112,000. Federated Hermes Inc. raised its holdings in Bioceres Crop Solutions by 8.5% in the 3rd quarter. Federated Hermes Inc. now owns 141,684 shares of the company’s stock valued at $1,600,000 after buying an additional 11,057 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in Bioceres Crop Solutions by 46.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 136,635 shares of the company’s stock valued at $1,876,000 after buying an additional 43,484 shares during the last quarter. Finally, One Degree Advisors Inc purchased a new position in Bioceres Crop Solutions during the fourth quarter worth about $291,000. Hedge funds and other institutional investors own 17.68% of the company’s stock.

Bioceres Crop Solutions Price Performance

Bioceres Crop Solutions stock opened at $11.21 on Monday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.83 and a current ratio of 1.22. The company has a market capitalization of $703.95 million, a price-to-earnings ratio of 1,121.00 and a beta of 0.59. The company’s 50 day simple moving average is $11.40 and its 200-day simple moving average is $12.53. Bioceres Crop Solutions Corp. has a 1 year low of $10.10 and a 1 year high of $14.05.

Bioceres Crop Solutions (NASDAQ:BIOX) last announced its earnings results on Wednesday, May 29th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.02). Bioceres Crop Solutions had a net margin of 0.21% and a return on equity of 0.28%. The firm had revenue of $83.98 million during the quarter, compared to analysts’ expectations of $88.80 million. As a group, equities research analysts expect that Bioceres Crop Solutions Corp. will post 0.39 earnings per share for the current year.

Bioceres Crop Solutions Profile

Bioceres Crop Solutions Corp., together with its subsidiaries, provides crop productivity solutions. It operates through Seed and Integrated Products, Crop Protection, and Crop Nutrition segments. The Seed and Integrated Products segment provides seed traits, germplasms, and seed treatment packs for healthier, and higher yielding crops.