Herr Investment Group LLC Takes $821,000 Position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY)

Herr Investment Group LLC acquired a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 99,860 shares of the company’s stock, valued at approximately $821,000. Herr Investment Group LLC owned 0.17% of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Deuterium Capital Management LLC purchased a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 1st quarter valued at $92,000. Anson Capital Inc. acquired a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the second quarter valued at approximately $97,000. Dynamic Technology Lab Private Ltd purchased a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 4th quarter worth $104,000. Meixler Investment Management Ltd. increased its position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 62.9% during the first quarter. Meixler Investment Management Ltd. now owns 29,753 shares of the company’s stock worth $266,000 after acquiring an additional 11,483 shares during the last quarter. Finally, Russell Investments Group Ltd. purchased a new position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the fourth quarter valued at about $306,000. 12.90% of the stock is owned by hedge funds and other institutional investors.

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

CRESY opened at $9.23 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.80 and a current ratio of 1.08. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 1-year low of $6.16 and a 1-year high of $10.75. The company has a 50-day moving average of $8.04 and a 200-day moving average of $8.60. The company has a market capitalization of $547.70 million, a P/E ratio of 4.78 and a beta of 1.10.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Company 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.