Macquarie Group Ltd. lifted its stake in shares of IRSA Inversiones Y Representaciones S.A. (NYSE:IRS) by 1.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,075,613 shares of the financial services provider’s stock after acquiring an additional 34,980 shares during the quarter. Macquarie Group Ltd. owned about 3.59% of IRSA Inversiones Y Representaciones worth $50,066,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of IRS. Harbor Advisors LLC acquired a new position in shares of IRSA Inversiones Y Representaciones during the first quarter valued at approximately $214,000. Dorsey Wright & Associates increased its stake in shares of IRSA Inversiones Y Representaciones by 51.5% during the second quarter. Dorsey Wright & Associates now owns 117,683 shares of the financial services provider’s stock valued at $1,210,000 after acquiring an additional 40,012 shares during the period. Dumac Inc. increased its stake in shares of IRSA Inversiones Y Representaciones by 9.1% during the second quarter. Dumac Inc. now owns 56,949 shares of the financial services provider’s stock valued at $1,374,000 after acquiring an additional 4,731 shares during the period. Parametric Portfolio Associates LLC increased its stake in shares of IRSA Inversiones Y Representaciones by 41.3% during the first quarter. Parametric Portfolio Associates LLC now owns 94,815 shares of the financial services provider’s stock valued at $2,324,000 after acquiring an additional 27,700 shares during the period. Finally, Global X Management Co. LLC increased its stake in shares of IRSA Inversiones Y Representaciones by 29.9% during the first quarter. Global X Management Co. LLC now owns 109,166 shares of the financial services provider’s stock valued at $2,676,000 after acquiring an additional 25,146 shares during the period. Institutional investors and hedge funds own 20.13% of the company’s stock.

Separately, BidaskClub upgraded shares of IRSA Inversiones Y Representaciones from a “sell” rating to a “hold” rating in a research note on Tuesday, June 20th.

IRSA Inversiones Y Representaciones S.A. (NYSE:IRS) opened at 25.63 on Friday. The company’s 50 day moving average is $24.78 and its 200-day moving average is $24.36. IRSA Inversiones Y Representaciones S.A. has a 1-year low of $16.13 and a 1-year high of $26.53. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 8.46 and a beta of 2.04.

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IRSA Inversiones Y Representaciones Company Profile

Institutional Ownership by Quarter for IRSA Inversiones Y Representaciones (NYSE:IRS)

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