EMS Capital LP Has $87.51 Million Holdings in Adecoagro (NYSE:AGRO)

EMS Capital LP raised its stake in shares of Adecoagro (NYSE:AGRO) by 19.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,462,958 shares of the company’s stock after acquiring an additional 1,349,400 shares during the period. Adecoagro makes up 7.8% of EMS Capital LP’s investment portfolio, making the stock its 4th biggest holding. EMS Capital LP owned 6.97% of Adecoagro worth $87,507,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Brandes Investment Partners LP grew its holdings in shares of Adecoagro by 26.0% in the 4th quarter. Brandes Investment Partners LP now owns 2,028,604 shares of the company’s stock worth $20,976,000 after acquiring an additional 418,316 shares during the period. Barings LLC acquired a new stake in Adecoagro during the 4th quarter valued at $2,784,000. Bailard Inc. grew its holdings in Adecoagro by 650.0% during the 4th quarter. Bailard Inc. now owns 300,000 shares of the company’s stock valued at $3,102,000 after buying an additional 260,000 shares during the last quarter. OxFORD Asset Management LLP acquired a new stake in Adecoagro during the 3rd quarter valued at $2,159,000. Finally, Global X Management Co. LLC grew its holdings in Adecoagro by 22.6% during the 4th quarter. Global X Management Co. LLC now owns 469,312 shares of the company’s stock valued at $4,853,000 after buying an additional 86,510 shares during the last quarter. 41.10% of the stock is owned by hedge funds and other institutional investors.

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NYSE:AGRO opened at $8.09 on Friday. The stock has a market capitalization of $978.47, a P/E ratio of 100.75 and a beta of 1.12. Adecoagro has a one year low of $7.22 and a one year high of $11.92. The company has a debt-to-equity ratio of 1.03, a current ratio of 2.44 and a quick ratio of 1.50.

Several research firms have recently issued reports on AGRO. Zacks Investment Research upgraded Adecoagro from a “sell” rating to a “hold” rating in a report on Monday, January 15th. ValuEngine lowered Adecoagro from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. JPMorgan Chase lowered Adecoagro from an “overweight” rating to a “neutral” rating and set a $9.00 price objective on the stock. in a research report on Wednesday. Finally, UBS lowered Adecoagro from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 15th. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. Adecoagro presently has a consensus rating of “Hold” and an average price target of $9.00.

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About Adecoagro

Adecoagro SA, an agricultural company, engages in farming crops and other agricultural products, dairy operations, sugar, ethanol and energy production, and land transformation activities in South America. The company is involved in planting, harvesting, and selling grains, oilseeds, and fibers, including wheat, corn, soybeans, cotton, sunflowers, and others; and providing grain warehousing/conditioning, and handling and drying services to third parties.

Institutional Ownership by Quarter for Adecoagro (NYSE:AGRO)

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