Adecoagro Plunges 10.26% as Sei Investments Cuts Stake

Generado por agente de IAAinvest Movers Radar
jueves, 10 de abril de 2025, 7:08 am ET1 min de lectura
AGRO--
SEEM--

Adecoagro's stock experienced a significant drop of 10.26% in pre-market trading on April 10, 2025, reflecting a notable decline in investor sentiment.

Sei Investments Co. reduced its stake in AdecoagroAGRO-- S.A. by 20.5% in the fourth quarter, selling 15,383 shares. This move was part of a broader trend among institutional investors, who have been adjusting their positions in the company. B. Riley Wealth Advisors Inc. increased its stake by 1.3%, while Ping Capital Management Inc. raised its holdings by 1.9%. Principal SecuritiesPREF-- Inc. lifted its position by 9.6%, and Blue Trust Inc. grew its stake by 87.2%. These adjustments indicate a mixed outlook among institutional investors, with some increasing their holdings while others reducing theirs.

Adecoagro recently announced a semi-annual dividend of $0.175 per share, payable on May 16th. This represents a slight increase from the previous dividend of $0.17 and offers a yield of 3%. The dividend payout ratio is currently at 39.33%, suggesting that the company is committed to returning value to its shareholders.

Analysts have recently weighed in on Adecoagro's stock. StockNews.com downgraded the stock from a "buy" rating to a "hold" rating, citing concerns about the company's performance. Currently, four analysts have assigned a "hold" rating, while one has given a "buy" rating, resulting in an average rating of "Hold" and a consensus target price of $12.63.

Comentarios



Add a public comment...
Sin comentarios

Aún no hay comentarios