Friday’s trading began at $3.38 per share for IRS shares. IRSA Inversiones representations Sociedad Anónima has a 12-month low that is currently sitting at $3.26 and a 12-month high that is currently sitting at $5.77.
The company’s debt-to-equity ratio is 0.40, its quick ratio is 1.25, and its current ratio is also 1.25. The price of the stock has a simple moving average of $3.91 for the past 50 days, and it has a price of $4.35 for the past 200 days.
The most recent quarterly earnings report for RSA Inversiones y Representaciones Sociedad Anónima (NYSE: IRS – Get Rating) was announced on May 11 of this year.
Earnings per share (EPS) for the quarter were recorded at a loss of ($2.02) for the financial services business. During the period in question, the business brought in a total of $62.31 million in revenue.
IRSA, or Inversiones y Representaciones Sociedad Anónima, Receives Feedback From Hedge Funds
Recent months have seen several hedge funds and other institutional investors either increase or decrease their holdings of IRS shares.
During the fourth quarter, Clear Harbor Asset Management LLC purchased a new investment with an approximate value of $81,000 in IRSA Inversiones y Representaciones Sociedad Anónima.
During the fourth quarter, Mercer Global Advisors Inc. ADV increased its holdings in IRSA Inversiones y Representaciones Sociedad Anónima by a factor of 25.0 per cent.
After purchasing an additional 2,861 shares during the most recent quarter, Mercer Global Advisors Inc.
ADV now owns a total of 14,317 shares of the financial services provider’s stock, which has a value of $61,000. During the fourth quarter, Envestnet Asset Management Inc. increased its holdings in IRSA Inversiones y Representaciones Sociedad Anónima by an impressive 154.7 per cent.
Following the acquisition of 21,975 more shares during the preceding quarter, Envestnet Asset Management Inc. now holds a total of 36,182 shares of the stock of the financial services provider, which have an estimated value of $154,000.
During the fourth quarter of 2018, Mirae Asset Global Investments Co. Ltd. increased its holdings in IRSA Inversiones y Representaciones Sociedad Anónima by 63.1 percent.
After purchasing an additional 25,618 shares during the most recent quarter, Mirae Asset Global Investments Co. Ltd. now has a total of 66,189 shares of the stock of the financial services provider, which are worth a combined total of $282,000.
Last but not least, Levin Capital Strategies L.P. finished the first quarter by investing $75,000 in IRSA Inversiones y Representaciones Sociedad Anónima by purchasing a new investment in the company. Institutional investors own 15.53 per cent of the company’s outstanding stock.
About IRSA Inversiones y Representaciones Sociedad Anónima
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IRSA Inversiones y Representaciones Sociedad Anónima is a company that operates in Argentina and is involved in a variety of real estate business ventures.
The company’s primary focus is on the rental market when acquiring, developing, and operating properties, including office buildings, shopping malls, and other types of real estate that do not involve shopping malls.
In addition to this, the company builds and sells residential properties, purchases and operates luxury hotels and purchases undeveloped land reserves for the purpose of later development or sale.
