Route One Investment Company LP Holds Holding in Adecoagro S.A. (AGRO)

Route One Investment Company Lp increased its stake in Adecoagro S.A. (AGRO) by 5.34% based on its latest 2019Q2 regulatory filing with the SEC. Route One Investment Company Lp bought 579,273 shares as the company’s stock declined 1.60% . The hedge fund held 11.42M shares of the farming and seeds and milling company at the end of 2019Q2, valued at $81.54M, up from 10.84 million at the end of the previous reported quarter. Route One Investment Company Lp who had been investing in Adecoagro S.A. for a number of months, seems to be bullish on the $697.84 million market cap company. The stock increased 0.59% or $0.04 during the last trading session, reaching $5.93. About 392,755 shares traded or 24.92% up from the average. Adecoagro S.A. (NYSE:AGRO) has declined 20.68% since September 13, 2018 and is downtrending. It has underperformed by 20.68% the S&P500.

More notable recent Adecoagro S.A. (NYSE:AGRO) news were published by: Seekingalpha.com which released: “Adecoagro Continues To Underperform Despite A Respectable Underlying Business – Seeking Alpha” on June 24, 2019, also Benzinga.com with their article: “76 Biggest Movers From Yesterday – Benzinga” published on August 13, 2019, Finance.Yahoo.com published: “Adecoagro’s gross sales during 6M19 reached 382.1 million, 2.8% higher year-over-year. Adjusted EBITDA totaled $145.3 million – Yahoo Finance” on August 15, 2019. More interesting news about Adecoagro S.A. (NYSE:AGRO) were released by: Prnewswire.com and their article: “Air Products to Showcase Industrial Gas Solutions at Specialty & Agro Chemicals America – PRNewswire” published on August 26, 2019 as well as Finance.Yahoo.com‘s news article titled: “Adecoagro┬┤s gross sales in 1Q19 reached $162.1 million, 4.2% higher year-over-year. Adjusted EBITDA totaled $58.3 million – Yahoo Finance” with publication date: May 21, 2019.

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