D. E. Shaw & Co. Inc. Has $9,338,000 Position in Adecoagro S.A. (AGRO), Report finds

D. E. Shaw & Co. Inc. Has $9,338,000 Position in Adecoagro S.A. (AGRO), Report finds

D. E. Shaw & Co. Inc. decreased its position in shares of Adecoagro S.A. (NYSE:AGRO) by 25.1% during the third quarter, Holdings Channel reports. The firm owned 818,471 shares of the company’s stock after selling 274,619 shares during the period. D. E. Shaw & Co. Inc. owned approximately 0.67% of Adecoagro worth $9,338,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AGRO. Pacific Alternative Asset Management Company LLC boosted its position in Adecoagro by 55.2% in the third quarter. Pacific Alternative Asset Management Company LLC now owns 66,123 shares of the company’s stock worth $754,000 after buying an additional 23,521 shares during the period. Citadel Advisors LLC boosted its position in Adecoagro by 49.3% in the third quarter. Citadel Advisors LLC now owns 366,083 shares of the company’s stock worth $4,177,000 after buying an additional 120,822 shares during the period. Brandes Investment Partners LP boosted its position in Adecoagro by 0.4% in the third quarter. Brandes Investment Partners LP now owns 1,872,096 shares of the company’s stock worth $21,303,000 after buying an additional 7,710 shares during the period. Bailard Inc. purchased a new position in Adecoagro during the third quarter worth $173,000. Finally, Engineers Gate Manager LP purchased a new position in Adecoagro during the third quarter worth $916,000. Institutional investors own 59.08% of the company’s stock.

Shares of Adecoagro S.A. (NYSE:AGRO) traded down 0.79% during mid-day trading on Wednesday, reaching $12.50. 570,338 shares of the company’s stock traded hands. The company has a market cap of $1.52 billion, a P/E ratio of 520.83 and a beta of 0.95. Adecoagro S.A. has a 12-month low of $9.38 and a 12-month high of $13.41. The company’s 50 day moving average is $11.17 and its 200 day moving average is $10.78.

Separately, Zacks Investment Research cut shares of Adecoagro from a “buy” rating to a “hold” rating in a research note on Friday, January 13th.

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.

Want to see what other hedge funds are holding AGRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Adecoagro S.A. (NYSE:AGRO).

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D. E. Shaw & Co. Inc. Has $9,338,000 Position in Adecoagro S.A. (AGRO)

D. E. Shaw & Co. Inc. Has $9,338,000 Position in Adecoagro S.A. (AGRO)

D. E. Shaw & Co. Inc. decreased its position in shares of Adecoagro S.A. (NYSE:AGRO) by 25.1% during the third quarter, Holdings Channel reports. The firm owned 818,471 shares of the company’s stock after selling 274,619 shares during the period. D. E. Shaw & Co. Inc. owned approximately 0.67% of Adecoagro worth $9,338,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AGRO. Pacific Alternative Asset Management Company LLC boosted its position in Adecoagro by 55.2% in the third quarter. Pacific Alternative Asset Management Company LLC now owns 66,123 shares of the company’s stock worth $754,000 after buying an additional 23,521 shares during the period. Citadel Advisors LLC boosted its position in Adecoagro by 49.3% in the third quarter. Citadel Advisors LLC now owns 366,083 shares of the company’s stock worth $4,177,000 after buying an additional 120,822 shares during the period. Brandes Investment Partners LP boosted its position in Adecoagro by 0.4% in the third quarter. Brandes Investment Partners LP now owns 1,872,096 shares of the company’s stock worth $21,303,000 after buying an additional 7,710 shares during the period. Bailard Inc. purchased a new position in Adecoagro during the third quarter worth $173,000. Finally, Engineers Gate Manager LP purchased a new position in Adecoagro during the third quarter worth $916,000. Institutional investors own 59.08% of the company’s stock.

Shares of Adecoagro S.A. (NYSE:AGRO) traded down 0.79% during mid-day trading on Wednesday, reaching $12.50. 570,338 shares of the company’s stock traded hands. The company has a market cap of $1.52 billion, a P/E ratio of 520.83 and a beta of 0.95. Adecoagro S.A. has a 12-month low of $9.38 and a 12-month high of $13.41. The company’s 50 day moving average is $11.17 and its 200 day moving average is $10.78.

Separately, Zacks Investment Research cut shares of Adecoagro from a “buy” rating to a “hold” rating in a research note on Friday, January 13th.

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.

Want to see what other hedge funds are holding AGRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Adecoagro S.A. (NYSE:AGRO).

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Leave a Comment