Macquarie Group Ltd. Has $30.54 Million Holdings in Cresud S.A.C.I.F. y A. (NASDAQ:CRESY)

Macquarie Group Ltd. raised its stake in Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) by 4.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,513,344 shares of the company’s stock after purchasing an additional 99,632 shares during the period. Macquarie Group Ltd. owned 4.80% of Cresud S.A.C.I.F. y A. worth $30,539,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in CRESY. Newfoundland Capital Management lifted its holdings in Cresud S.A.C.I.F. y A. by 19.5% in the fourth quarter. Newfoundland Capital Management now owns 5,437,112 shares of the company’s stock valued at $66,061,000 after acquiring an additional 887,526 shares during the period. City of London Investment Management Co. Ltd. increased its position in shares of Cresud S.A.C.I.F. y A. by 23.7% in the fourth quarter. City of London Investment Management Co. Ltd. now owns 1,117,106 shares of the company’s stock valued at $13,562,000 after buying an additional 214,106 shares in the last quarter. VR Advisory Services Ltd increased its position in shares of Cresud S.A.C.I.F. y A. by 4.3% in the fourth quarter. VR Advisory Services Ltd now owns 316,416 shares of the company’s stock valued at $3,844,000 after buying an additional 13,029 shares in the last quarter. Credit Suisse AG increased its position in shares of Cresud S.A.C.I.F. y A. by 20.6% in the third quarter. Credit Suisse AG now owns 205,084 shares of the company’s stock valued at $2,904,000 after buying an additional 35,000 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of Cresud S.A.C.I.F. y A. by 6.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 122,765 shares of the company’s stock valued at $1,492,000 after buying an additional 7,708 shares in the last quarter. Institutional investors own 30.58% of the company’s stock.

Cresud S.A.C.I.F. y A. stock traded down $0.46 during midday trading on Friday, reaching $10.04. 63,994 shares of the company were exchanged, compared to its average volume of 69,925. Cresud S.A.C.I.F. y A. has a 1 year low of $10.02 and a 1 year high of $21.49. The company has a current ratio of 1.73, a quick ratio of 1.64 and a debt-to-equity ratio of 0.02.

Separately, BidaskClub upgraded Cresud S.A.C.I.F. y A. from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 5th.

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Cresud S.A.C.I.F. y A. Profile

Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, produces basic agricultural commodities in Brazil and other Latin American countries. The Agricultural business is involved in planting, harvesting, and sale of crops, such as wheat, corn, soybean, cotton, and sunflower, as well as sugarcane; breeding, purchasing, and fattening of cattle for sale to slaughterhouses and local livestock auction markets; producing raw milk for sale to local milk and milk-related products producers; the leasing of farms to third parties; the disposal and development of farmlands activities; and feedlot farming, as well as meat slaughtering and processing activities.

See Also: Systematic Risk

Institutional Ownership by Quarter for Cresud S.A.C.I.F. y A. (NASDAQ:CRESY)

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