27,783 Shares in Adecoagro S.A. (NYSE:AGRO) Bought by MQS Management LLC

MQS Management LLC acquired a new position in shares of Adecoagro S.A. (NYSE:AGRO) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 27,783 shares of the company’s stock, valued at approximately $306,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tower Research Capital LLC TRC grew its holdings in Adecoagro by 168.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 4,659 shares of the company’s stock worth $52,000 after acquiring an additional 2,923 shares during the period. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Adecoagro during the first quarter valued at $128,000. Cornerstone Investment Partners LLC acquired a new stake in shares of Adecoagro during the first quarter valued at $176,000. Principal Securities Inc. acquired a new stake in shares of Adecoagro during the fourth quarter valued at $204,000. Finally, Semanteon Capital Management LP acquired a new stake in shares of Adecoagro during the fourth quarter valued at $225,000. Institutional investors and hedge funds own 45.25% of the company’s stock.

Adecoagro Trading Down 1.5 %

Shares of Adecoagro stock traded down $0.14 during trading hours on Friday, reaching $9.27. The stock had a trading volume of 99,662 shares, compared to its average volume of 576,058. The firm has a 50 day simple moving average of $9.58 and a two-hundred day simple moving average of $10.21. The firm has a market capitalization of $965.38 million, a price-to-earnings ratio of 3.99, a P/E/G ratio of 1.49 and a beta of 1.10. The company has a current ratio of 2.87, a quick ratio of 1.16 and a debt-to-equity ratio of 0.49. Adecoagro S.A. has a 1 year low of $8.96 and a 1 year high of $12.51.

Adecoagro (NYSE:AGRO) last issued its earnings results on Thursday, May 16th. The company reported $0.22 EPS for the quarter. The company had revenue of $261.78 million during the quarter. Adecoagro had a return on equity of 10.55% and a net margin of 19.18%. As a group, equities research analysts anticipate that Adecoagro S.A. will post 1.63 earnings per share for the current year.

Adecoagro Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Wednesday, May 29th. Investors of record on Tuesday, May 14th were paid a $0.1682 dividend. This is an increase from Adecoagro’s previous semi-annual dividend of $0.17. This represents a yield of 2.9%. The ex-dividend date of this dividend was Monday, May 13th. Adecoagro’s dividend payout ratio is currently 14.41%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. JPMorgan Chase & Co. raised Adecoagro from an “underweight” rating to a “neutral” rating and increased their price objective for the company from $10.50 to $11.50 in a research note on Monday, July 1st. StockNews.com downgraded Adecoagro from a “buy” rating to a “hold” rating in a research report on Tuesday, July 2nd. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $12.50.

Adecoagro Company Profile

Adecoagro SA operates as an agro-industrial company in South America. The company mainly operates through three segments: Farming; Sugar, Ethanol and Energy; and Land Transformation. It engages in farming crops, rice and other agricultural products, dairy operations, and land transformation activities, as well as sugar, ethanol, and energy production activities.