Adecoagro S.A. (AGRO) Holdings Decreased by Sloane Robinson LLP

Sloane Robinson LLP lessened its holdings in shares of Adecoagro S.A. (NYSE:AGRO) by 20.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 138,500 shares of the company’s stock after selling 36,100 shares during the quarter. Adecoagro makes up about 0.7% of Sloane Robinson LLP’s investment portfolio, making the stock its 15th biggest position. Sloane Robinson LLP owned 0.11% of Adecoagro worth $1,496,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of AGRO. Gotham Asset Management LLC purchased a new position in shares of Adecoagro during the 2nd quarter worth $127,000. HighTower Advisors LLC acquired a new stake in shares of Adecoagro during the 2nd quarter worth $129,000. KCG Holdings Inc. acquired a new stake in shares of Adecoagro during the 1st quarter worth $151,000. Yorktown Management & Research Co Inc increased its holdings in shares of Adecoagro by 40.0% during the 2nd quarter. Yorktown Management & Research Co Inc now owns 17,500 shares of the company’s stock worth $175,000 after buying an additional 5,000 shares during the last quarter. Finally, Eqis Capital Management Inc. acquired a new stake in shares of Adecoagro during the 2nd quarter worth $182,000. 46.82% of the stock is currently owned by institutional investors.

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Adecoagro S.A. (NYSE:AGRO) traded up $0.29 during mid-day trading on Thursday, hitting $9.47. The stock had a trading volume of 732,200 shares, compared to its average volume of 726,960. The firm has a market cap of $1,114.44, a P/E ratio of 65.57 and a beta of 1.07. The company has a current ratio of 3.28, a quick ratio of 2.40 and a debt-to-equity ratio of 1.34. Adecoagro S.A. has a 1-year low of $8.33 and a 1-year high of $13.29.

Adecoagro (NYSE:AGRO) last released its quarterly earnings data on Monday, November 13th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.13). The firm had revenue of $262.99 million for the quarter. Adecoagro had a return on equity of 2.58% and a net margin of 1.78%. equities analysts forecast that Adecoagro S.A. will post 0.31 earnings per share for the current year.

A number of analysts have recently commented on the company. TheStreet downgraded Adecoagro from a “c” rating to a “d+” rating in a report on Wednesday, November 15th. BidaskClub upgraded Adecoagro from a “sell” rating to a “hold” rating in a report on Tuesday, October 3rd.

About Adecoagro

Adecoagro SA is a holding company. The Company is involved in a range of businesses, including farming crops and other agricultural products, dairy operations, sugar, ethanol and energy production and land transformation. The Company is organized into three main lines of business: farming; land transformation, and sugar, ethanol and energy.

Institutional Ownership by Quarter for Adecoagro (NYSE:AGRO)

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