GAM Holding AG raised its stake in Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) by 68.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 148,000 shares of the company’s stock after buying an additional 60,000 shares during the period. GAM Holding AG owned 0.30% of Cresud S.A.C.I.F. y A. worth $2,878,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. William Blair Investment Management LLC purchased a new stake in Cresud S.A.C.I.F. y A. during the second quarter worth about $847,000. Stelac Advisory Services LLC purchased a new stake in Cresud S.A.C.I.F. y A. during the second quarter worth about $103,000. Global X Management Co. LLC increased its stake in Cresud S.A.C.I.F. y A. by 19.2% in the second quarter. Global X Management Co. LLC now owns 185,483 shares of the company’s stock worth $3,608,000 after buying an additional 29,941 shares in the last quarter. Parkwood LLC increased its stake in Cresud S.A.C.I.F. y A. by 18.9% in the second quarter. Parkwood LLC now owns 34,638 shares of the company’s stock worth $674,000 after buying an additional 5,500 shares in the last quarter. Finally, Opera Trading Capital purchased a new stake in Cresud S.A.C.I.F. y A. during the second quarter worth about $1,273,000. Institutional investors own 24.90% of the company’s stock.

Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) opened at 18.93 on Monday. Cresud S.A.C.I.F. y A. has a 52-week low of $13.59 and a 52-week high of $22.28.

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Separately, BidaskClub upgraded Cresud S.A.C.I.F. y A. from a “sell” rating to a “hold” rating in a research note on Friday, July 14th.

About Cresud S.A.C.I.F. y A.

Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria is an agricultural company engaged in the production of basic agricultural commodities with presence in the agricultural sector of Brazil, through its investment in Brasilagro, as well as in other Latin American countries. In addition, the Company leases lands to third parties and perform agency and agro-industrial services, including a meat packing plant.

Institutional Ownership by Quarter for Cresud S.A.C.I.F. y A. (NASDAQ:CRESY)

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