IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) Shares Sold by Helikon Investments Ltd

Helikon Investments Ltd reduced its stake in IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,239,902 shares of the financial services provider’s stock after selling 26,446 shares during the quarter. IRSA Inversiones y Representaciones Sociedad Anónima comprises approximately 1.9% of Helikon Investments Ltd’s portfolio, making the stock its 13th biggest holding. Helikon Investments Ltd owned approximately 1.66% of IRSA Inversiones y Representaciones Sociedad Anónima worth $18,512,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. Sanctuary Advisors LLC purchased a new position in IRSA Inversiones y Representaciones Sociedad Anónima in the 2nd quarter valued at about $473,000. GAMMA Investing LLC raised its position in shares of IRSA Inversiones y Representaciones Sociedad Anónima by 71.0% in the third quarter. GAMMA Investing LLC now owns 3,418 shares of the financial services provider’s stock valued at $39,000 after buying an additional 1,419 shares during the last quarter. Systrade AG purchased a new position in shares of IRSA Inversiones y Representaciones Sociedad Anónima during the third quarter valued at approximately $1,138,000. Secure Asset Management LLC boosted its position in IRSA Inversiones y Representaciones Sociedad Anónima by 12.6% during the third quarter. Secure Asset Management LLC now owns 96,927 shares of the financial services provider’s stock worth $1,103,000 after acquiring an additional 10,824 shares during the last quarter. Finally, Mirabella Financial Services LLP purchased a new stake in IRSA Inversiones y Representaciones Sociedad Anónima in the 3rd quarter worth approximately $877,000. Institutional investors and hedge funds own 45.46% of the company’s stock.

IRSA Inversiones y Representaciones Sociedad Anónima Stock Performance

IRS opened at $15.77 on Monday. IRSA Inversiones y Representaciones Sociedad Anónima has a 12 month low of $7.10 and a 12 month high of $17.67. The business has a 50-day moving average of $15.92 and a two-hundred day moving average of $12.93. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.93 and a current ratio of 0.93.

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) last released its earnings results on Wednesday, November 6th. The financial services provider reported ($1.55) earnings per share (EPS) for the quarter. The company had revenue of $95.57 million during the quarter. IRSA Inversiones y Representaciones Sociedad Anónima had a negative net margin of 79.31% and a positive return on equity of 8.91%.

IRSA Inversiones y Representaciones Sociedad Anónima Increases Dividend

The company also recently announced a — dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 29th were given a $3.60 dividend. This is a positive change from IRSA Inversiones y Representaciones Sociedad Anónima’s previous — dividend of $1.02. The ex-dividend date of this dividend was Friday, November 29th. IRSA Inversiones y Representaciones Sociedad Anónima’s dividend payout ratio (DPR) is -21.53%.

Analysts Set New Price Targets

Separately, StockNews.com lowered IRSA Inversiones y Representaciones Sociedad Anónima from a “buy” rating to a “hold” rating in a research note on Friday, November 8th.

IRSA Inversiones y Representaciones Sociedad Anónima Company Profile

IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina. It operates through five segments: Shopping Malls, Offices, Hotels, Sales and Developments, and Others. The company is involved in the acquisition, development, and operation of shopping malls, office buildings, and other non-shopping mall properties primarily for rental purposes.