Adecoagro Plunges 10.26% as Sei Investments Cuts Stake
1min read Adecoagro's stock experienced a significant drop of 10.26% in pre-market trading on April 10, 2025, reflecting a notable decline in investor sentiment.
Sei Investments Co. reduced its stake in adecoagro S.A. by 20.5% in the fourth quarter, selling 15,383 shares. This move was part of a broader trend among institutional investors, who have been adjusting their positions in the company. B. Riley Wealth Advisors Inc. increased its stake by 1.3%, while Ping Capital Management Inc. raised its holdings by 1.9%. principal securities Inc. lifted its position by 9.6%, and Blue Trust Inc. grew its stake by 87.2%. These adjustments indicate a mixed outlook among institutional investors, with some increasing their holdings while others reducing theirs.
Adecoagro recently announced a semi-annual dividend of $0.175 per share, payable on May 16th. This represents a slight increase from the previous dividend of $0.17 and offers a yield of 3%. The dividend payout ratio is currently at 39.33%, suggesting that the company is committed to returning value to its shareholders.
Analysts have recently weighed in on Adecoagro's stock. StockNews.com downgraded the stock from a "buy" rating to a "hold" rating, citing concerns about the company's performance. Currently, four analysts have assigned a "hold" rating, while one has given a "buy" rating, resulting in an average rating of "Hold" and a consensus target price of $12.63.
Ask Aime: What is the future outlook for Adecoagro's stock after significant institutional investor changes?
