Prince Street Capital Management buys $7,016,880 stake in Adecoagro SA (AGRO)

Adecoagro SA (AGRO) : Prince Street Capital Management scooped up 373,000 additional shares in Adecoagro SA during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 692,000 shares of Adecoagro SA which is valued at $7,016,880.Adecoagro SA makes up approximately 1.97% of Prince Street Capital Management’s portfolio.

Other Hedge Funds, Including , Campbell Co Investment Adviser sold out all of its stake in AGRO during the most recent quarter. The investment firm sold 16,071 shares of AGRO which is valued $162,960.Tiaa Cref Investment Management reduced its stake in AGRO by selling 103,939 shares or 63.37% in the most recent quarter. The Hedge Fund company now holds 60,086 shares of AGRO which is valued at $609,272. Cipher Capital Lp added AGRO to its portfolio by purchasing 26,624 company shares during the most recent quarter which is valued at $269,967. Adecoagro SA makes up approx 0.02% of Cipher Capital Lp’s portfolio. Edmond De Rothschild Asset Management (france) added AGRO to its portfolio by purchasing 30,300 company shares during the most recent quarter which is valued at $307,242. Adecoagro SA makes up approx 0.01% of Edmond De Rothschild Asset Management (france)’s portfolio. Quantbot Technologies Lp sold out all of its stake in AGRO during the most recent quarter. The investment firm sold 12,963 shares of AGRO which is valued $133,000.

Adecoagro SA opened for trading at $10.04 and hit $10.23 on the upside on Thursday, eventually ending the session at $10.23, with a gain of 1.79% or 0.18 points. The heightened volatility saw the trading volume jump to 5,36,142 shares. Company has a market cap of $1,252 M.

Adecoagro S.A. is a holding company. The Company through its operating subsidiaries primarily engaged in agricultural and agro-industrial activities. The Company has three operating segments: Farming Sugar Ethanol and Energy and Land Transformation. The Company’s Farming segment is further consisted of four segments: Crops which produces a range of agricultural commodities; Rice which produces irrigated rice; Dairy which produces raw milk and All Other which consists of leasing pasture land to cattle farmers in Argentina and leasing its coffee plantation in the Rio de Janeiro farm to a third party. Its Sugar Ethanol and Energy segment consists of cultivating sugarcane which is processed in owned sugar mills transformed into ethanol sugar and electricity and marketed. Its Land Transformation segment consists of the identification and acquisition of underdeveloped and undermanaged farmland businesses and realization of value through the strategic disposition of assets.

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