Somerset Capital Management Llp Exits Position in Adecoagro SA (AGRO)

Adecoagro SA (AGRO) : Somerset Capital Management Llp has sold out all of its stake in Adecoagro SA during the most recent quarter, according to the disclosure filed by the company on Aug 9, 2016 with the SEC. The investment management company has sold out 19,742 shares of Adecoagro SA which is valued at $197,025.

Other Hedge Funds, Including , Global X Management Co boosted its stake in AGRO in the latest quarter, The investment management firm added 92,793 additional shares and now holds a total of 250,247 shares of Adecoagro SA which is valued at $2,497,465. Adecoagro SA makes up approx 0.12% of Global X Management Co’s portfolio. Monashee Investment Management sold out all of its stake in AGRO during the most recent quarter. The investment firm sold 50,000 shares of AGRO which is valued $513,000.State Of New Jersey Common Pension Fund D boosted its stake in AGRO in the latest quarter, The investment management firm added 112,616 additional shares and now holds a total of 129,216 shares of Adecoagro SA which is valued at $1,325,756. Adecoagro SA makes up approx 0.01% of State Of New Jersey Common Pension Fund D’s portfolio.Parkwood reduced its stake in AGRO by selling 50,000 shares or 50.0% in the most recent quarter. The Hedge Fund company now holds 50,000 shares of AGRO which is valued at $559,500. Adecoagro SA makes up approx 0.09% of Parkwood’s portfolio. Palo Capital added AGRO to its portfolio by purchasing 38,446 company shares during the most recent quarter which is valued at $430,211. Adecoagro SA makes up approx 0.14% of Palo Capital’s portfolio.

Adecoagro SA closed down -0.17 points or -1.71% at $9.79 with 8,29,335 shares getting traded on Wednesday. Post opening the session at $9.93, the shares hit an intraday low of $9.7 and an intraday high of $9.93 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

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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