Adecoagro S.A. (NYSE:AGRO) was downgraded by research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

AGRO has been the topic of a number of other research reports. Zacks Investment Research upgraded shares of Adecoagro from a “hold” rating to a “buy” rating and set a $13.00 price target on the stock in a research note on Friday, April 14th. ValuEngine lowered shares of Adecoagro from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd.

Adecoagro (NYSE AGRO) traded up 1.42% during trading on Friday, reaching $9.98. 1,956,096 shares of the company were exchanged. The company’s 50-day moving average price is $10.98 and its 200-day moving average price is $11.27. The stock has a market capitalization of $1.21 billion, a P/E ratio of 207.92 and a beta of 1.03. Adecoagro has a 1-year low of $9.38 and a 1-year high of $13.29.

Adecoagro (NYSE:AGRO) last issued its quarterly earnings results on Monday, May 15th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.21 by $0.17. Adecoagro had a net margin of 0.61% and a return on equity of 0.83%. The company had revenue of $166.09 million for the quarter. On average, equities analysts forecast that Adecoagro will post $0.91 EPS for the current year.

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Hedge funds and other institutional investors have recently modified their holdings of the stock. Ellington Management Group LLC acquired a new stake in Adecoagro during the fourth quarter valued at approximately $106,000. Acrospire Investment Management LLC acquired a new stake in Adecoagro during the first quarter valued at approximately $140,000. Yorktown Management & Research Co Inc acquired a new stake in Adecoagro during the first quarter valued at approximately $143,000. Campbell & CO Investment Adviser LLC acquired a new stake in Adecoagro during the first quarter valued at approximately $150,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Adecoagro during the fourth quarter valued at approximately $151,000. Institutional investors and hedge funds own 57.70% of the company’s stock.

Adecoagro Company Profile

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.

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