Sapient Capital LLC Reduces Holdings in Adecoagro S.A. (NYSE:AGRO)

Sapient Capital LLC decreased its position in Adecoagro S.A. (NYSE:AGRO) by 81.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,492 shares of the company’s stock after selling 147,460 shares during the period. Sapient Capital LLC’s holdings in Adecoagro were worth $316,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in AGRO. nVerses Capital LLC acquired a new position in shares of Adecoagro in the 3rd quarter worth approximately $94,000. Blue Trust Inc. lifted its holdings in shares of Adecoagro by 1,281.5% in the 3rd quarter. Blue Trust Inc. now owns 7,322 shares of the company’s stock worth $81,000 after acquiring an additional 6,792 shares during the last quarter. Helikon Investments Ltd lifted its holdings in shares of Adecoagro by 169.2% in the 3rd quarter. Helikon Investments Ltd now owns 6,941,857 shares of the company’s stock worth $76,846,000 after acquiring an additional 4,363,628 shares during the last quarter. Advisors Asset Management Inc. acquired a new position in shares of Adecoagro in the 3rd quarter worth approximately $195,000. Finally, Citigroup Inc. lifted its holdings in shares of Adecoagro by 111.0% in the 3rd quarter. Citigroup Inc. now owns 500,113 shares of the company’s stock worth $5,536,000 after acquiring an additional 263,125 shares during the last quarter. Hedge funds and other institutional investors own 45.25% of the company’s stock.

Adecoagro Stock Performance

Shares of AGRO stock opened at $9.71 on Wednesday. The firm’s 50 day moving average price is $9.81 and its 200-day moving average price is $10.60. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.09 and a current ratio of 2.40. Adecoagro S.A. has a one year low of $8.72 and a one year high of $12.07. The firm has a market cap of $1.01 billion, a P/E ratio of 6.47, a P/E/G ratio of 1.29 and a beta of 1.03.

About Adecoagro

Adecoagro SA operates as an agro-industrial company in South America. The company mainly operates through three segments: Farming; Sugar, Ethanol and Energy; and Land Transformation. It engages in farming crops, rice and other agricultural products, dairy operations, and land transformation activities, as well as sugar, ethanol, and energy production activities.