Barings LLC Acquires Shares of 269,206 Adecoagro SA (AGRO)

Barings LLC acquired a new position in shares of Adecoagro SA (NYSE:AGRO) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 269,206 shares of the company’s stock, valued at approximately $2,784,000. Barings LLC owned 0.22% of Adecoagro as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. New York State Common Retirement Fund lifted its holdings in Adecoagro by 8.8% during the second quarter. New York State Common Retirement Fund now owns 143,902 shares of the company’s stock worth $1,438,000 after acquiring an additional 11,681 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Adecoagro by 46.5% during the second quarter. Vanguard Group Inc. now owns 21,113 shares of the company’s stock worth $211,000 after acquiring an additional 6,700 shares in the last quarter. FMR LLC lifted its holdings in Adecoagro by 13.8% during the second quarter. FMR LLC now owns 82,600 shares of the company’s stock worth $825,000 after acquiring an additional 10,000 shares in the last quarter. California Public Employees Retirement System lifted its holdings in Adecoagro by 116.4% during the second quarter. California Public Employees Retirement System now owns 38,300 shares of the company’s stock worth $383,000 after acquiring an additional 20,600 shares in the last quarter. Finally, Virtu KCG Holdings LLC lifted its holdings in Adecoagro by 106.3% during the second quarter. Virtu KCG Holdings LLC now owns 27,108 shares of the company’s stock worth $271,000 after acquiring an additional 13,968 shares in the last quarter. 42.81% of the stock is owned by institutional investors and hedge funds.

AGRO has been the topic of several recent analyst reports. BidaskClub upgraded Adecoagro from a “sell” rating to a “hold” rating in a report on Friday, October 27th. TheStreet lowered Adecoagro from a “c” rating to a “d+” rating in a report on Wednesday, November 15th. Finally, Zacks Investment Research upgraded Adecoagro from a “sell” rating to a “hold” rating in a report on Monday, January 15th.

Shares of Adecoagro SA (NYSE AGRO) opened at $9.21 on Friday. The company has a market capitalization of $1,142.36, a PE ratio of 65.79 and a beta of 0.96. Adecoagro SA has a twelve month low of $8.33 and a twelve month high of $12.90. The company has a quick ratio of 2.40, a current ratio of 3.28 and a debt-to-equity ratio of 1.34.

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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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Institutional Ownership by Quarter for Adecoagro (NYSE:AGRO)

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