Teachers Advisors LLC boosted its stake in Adecoagro S.A. (NYSE:AGRO) by 48.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,251,837 shares of the company’s stock after buying an additional 410,500 shares during the period. Teachers Advisors LLC owned 1.03% of Adecoagro worth $12,506,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of AGRO. Wells Fargo & Company MN grew its stake in shares of Adecoagro by 1,071.1% in the first quarter. Wells Fargo & Company MN now owns 39,699 shares of the company’s stock worth $455,000 after purchasing an additional 36,309 shares in the last quarter. US Bancorp DE grew its stake in shares of Adecoagro by 20.0% in the first quarter. US Bancorp DE now owns 22,379 shares of the company’s stock worth $256,000 after purchasing an additional 3,727 shares in the last quarter. Parametric Portfolio Associates LLC grew its stake in shares of Adecoagro by 3.3% in the first quarter. Parametric Portfolio Associates LLC now owns 735,504 shares of the company’s stock worth $8,429,000 after purchasing an additional 23,466 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Adecoagro by 11.3% in the first quarter. PNC Financial Services Group Inc. now owns 245,089 shares of the company’s stock worth $2,809,000 after purchasing an additional 24,816 shares in the last quarter. Finally, Global X Management Co. LLC grew its stake in shares of Adecoagro by 30.0% in the first quarter. Global X Management Co. LLC now owns 377,932 shares of the company’s stock worth $4,331,000 after purchasing an additional 87,197 shares in the last quarter. 47.64% of the stock is currently owned by hedge funds and other institutional investors.

Adecoagro S.A. (NYSE:AGRO) opened at 10.80 on Friday. The stock has a 50 day moving average price of $9.97 and a 200 day moving average price of $10.67. The company has a market cap of $1.30 billion, a PE ratio of 49.09 and a beta of 1.10. Adecoagro S.A. has a 1-year low of $9.52 and a 1-year high of $13.29.

Several research analysts have recently issued reports on AGRO shares. Zacks Investment Research cut Adecoagro from a “buy” rating to a “hold” rating in a research note on Tuesday, June 13th. BidaskClub cut Adecoagro from a “hold” rating to a “sell” rating in a research note on Saturday, June 17th.

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Adecoagro Profile

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.

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Institutional Ownership by Quarter for Adecoagro (NYSE:AGRO)

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