36,217 Shares in IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) Bought by Crocodile Capital Partners GmbH

Crocodile Capital Partners GmbH acquired a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 36,217 shares of the financial services provider’s stock, valued at approximately $541,000. IRSA Inversiones y Representaciones Sociedad Anónima comprises about 1.5% of Crocodile Capital Partners GmbH’s investment portfolio, making the stock its 9th largest position.

Other hedge funds have also recently made changes to their positions in the company. GAMMA Investing LLC boosted its stake in IRSA Inversiones y Representaciones Sociedad Anónima by 71.0% in the third quarter. GAMMA Investing LLC now owns 3,418 shares of the financial services provider’s stock valued at $39,000 after acquiring an additional 1,419 shares in the last quarter. Quadrature Capital Ltd acquired a new position in shares of IRSA Inversiones y Representaciones Sociedad Anónima in the third quarter worth about $199,000. JPMorgan Chase & Co. raised its position 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 worth $228,000 after acquiring an additional 8,258 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima during the second quarter worth about $473,000. Finally, Mirabella Financial Services LLP purchased a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima during the third quarter worth about $877,000. 45.46% of the stock is currently owned by hedge funds and other institutional investors.

IRSA Inversiones y Representaciones Sociedad Anónima Stock Up 2.5 %

IRSA Inversiones y Representaciones Sociedad Anónima stock opened at $15.77 on Friday. IRSA Inversiones y Representaciones Sociedad Anónima has a 52-week low of $7.10 and a 52-week high of $17.67. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.15. The company’s 50 day moving average is $15.92 and its two-hundred day moving average is $12.87.

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) last posted its earnings results on Wednesday, November 6th. The financial services provider reported ($1.55) EPS for the quarter. IRSA Inversiones y Representaciones Sociedad Anónima had a negative net margin of 79.31% and a positive return on equity of 8.91%. The company had revenue of $95.57 million during the quarter.

IRSA Inversiones y Representaciones Sociedad Anónima Increases Dividend

The company also recently announced a — dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 29th were paid a $3.60 dividend. The ex-dividend date was Friday, November 29th. This is a boost from IRSA Inversiones y Representaciones Sociedad Anónima’s previous — dividend of $1.02. IRSA Inversiones y Representaciones Sociedad Anónima’s dividend payout ratio (DPR) is -21.53%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of IRSA Inversiones y Representaciones Sociedad Anónima from a “buy” rating to a “hold” rating in a research note on Friday, November 8th.

IRSA Inversiones y Representaciones Sociedad Anónima Profile

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.