Glenorchy Capital Ltd purchased a new position in shares of IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 50,798 shares of the financial services provider’s stock, valued at approximately $437,000. Glenorchy Capital Ltd owned about 0.07% of IRSA Inversiones y Representaciones Sociedad Anónima as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently modified their holdings of IRS. FNY Investment Advisers LLC bought a new stake in IRSA Inversiones y Representaciones Sociedad Anónima in the fourth quarter worth approximately $38,000. Jump Financial LLC acquired a new position in shares of IRSA Inversiones y Representaciones Sociedad Anónima during the 3rd quarter valued at $81,000. RFG Advisory LLC bought a new position in IRSA Inversiones y Representaciones Sociedad Anónima during the fourth quarter worth $568,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in IRSA Inversiones y Representaciones Sociedad Anónima by 14.1% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 115,908 shares of the financial services provider’s stock worth $679,000 after purchasing an additional 14,332 shares during the period. Finally, Capricorn Fund Managers Ltd increased its stake in IRSA Inversiones y Representaciones Sociedad Anónima by 0.8% in the fourth quarter. Capricorn Fund Managers Ltd now owns 189,242 shares of the financial services provider’s stock valued at $1,627,000 after purchasing an additional 1,589 shares in the last quarter. Institutional investors and hedge funds own 45.46% of the company’s stock.
IRSA Inversiones y Representaciones Sociedad Anónima Price Performance
Shares of NYSE:IRS traded down $0.21 on Tuesday, hitting $9.89. The company’s stock had a trading volume of 104,202 shares, compared to its average volume of 163,308. IRSA Inversiones y Representaciones Sociedad Anónima has a 1 year low of $5.17 and a 1 year high of $10.40. The company has a 50-day simple moving average of $8.74 and a 200 day simple moving average of $8.13. The company has a market capitalization of $728.30 million, a PE ratio of 1.45 and a beta of 1.32. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.19 and a quick ratio of 1.19.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered shares of IRSA Inversiones y Representaciones Sociedad Anónima from a “buy” rating to a “hold” rating in a research note on Thursday, February 15th.
IRSA Inversiones y Representaciones Sociedad Anónima 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.
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