Glenorchy Capital Ltd Buys New Position in IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS)

Glenorchy Capital Ltd purchased a new position in shares of IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 50,798 shares of the financial services provider’s stock, valued at approximately $437,000. Glenorchy Capital Ltd owned about 0.07% of IRSA Inversiones y Representaciones Sociedad Anónima as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IRS. FNY Investment Advisers LLC bought a new stake in IRSA Inversiones y Representaciones Sociedad Anónima in the fourth quarter worth approximately $38,000. Jump Financial LLC acquired a new position in shares of IRSA Inversiones y Representaciones Sociedad Anónima during the 3rd quarter valued at $81,000. RFG Advisory LLC bought a new position in IRSA Inversiones y Representaciones Sociedad Anónima during the fourth quarter worth $568,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in IRSA Inversiones y Representaciones Sociedad Anónima by 14.1% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 115,908 shares of the financial services provider’s stock worth $679,000 after purchasing an additional 14,332 shares during the period. Finally, Capricorn Fund Managers Ltd increased its stake in IRSA Inversiones y Representaciones Sociedad Anónima by 0.8% in the fourth quarter. Capricorn Fund Managers Ltd now owns 189,242 shares of the financial services provider’s stock valued at $1,627,000 after purchasing an additional 1,589 shares in the last quarter. Institutional investors and hedge funds own 45.46% of the company’s stock.

IRSA Inversiones y Representaciones Sociedad Anónima Price Performance

Shares of NYSE:IRS traded down $0.21 on Tuesday, hitting $9.89. The company’s stock had a trading volume of 104,202 shares, compared to its average volume of 163,308. IRSA Inversiones y Representaciones Sociedad Anónima has a 1 year low of $5.17 and a 1 year high of $10.40. The company has a 50-day simple moving average of $8.74 and a 200 day simple moving average of $8.13. The company has a market capitalization of $728.30 million, a PE ratio of 1.45 and a beta of 1.32. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.19 and a quick ratio of 1.19.

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) last released its quarterly earnings data on Monday, February 5th. The financial services provider reported $0.76 EPS for the quarter. IRSA Inversiones y Representaciones Sociedad Anónima had a return on equity of 25.70% and a net margin of 99.91%. The firm had revenue of $132.42 million for the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of IRSA Inversiones y Representaciones Sociedad Anónima from a “buy” rating to a “hold” rating in a research note on Thursday, February 15th.

IRSA Inversiones y Representaciones Sociedad Anónima Profile

IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina. It operates through five segments: Shopping Malls, Offices, Hotels, Sales and Developments, and Others. The company is involved in the acquisition, development, and operation of shopping malls, office buildings, and other non-shopping mall properties primarily for rental purposes.