Village Farms International (NYSE:VFF) Rating Lowered to Hold at Zacks Investment Research
According to Zacks, “Village Farms International Inc. is a producer, marketer and distributor of greenhouse-grown tomatoes, bell peppers and cucumbers primarily in North America. The Company’s operating segments consists of Produce business and the Energy business. Produce business markets and sells the product group, which consists of tomatoes, bell peppers and cucumbers. Energy business produces power. Village Farms International Inc. is based in Delta, Canada. “
VFF has been the subject of several other reports. Craig Hallum assumed coverage on Village Farms International in a report on Monday, July 22nd. They issued a “buy” rating for the company. Roth Capital set a $29.00 target price on Village Farms International and gave the company a “buy” rating in a report on Tuesday.
Village Farms International (NYSE:VFF) last posted its earnings results on Monday, August 12th. The company reported $0.20 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.16. The firm had revenue of $41.33 million during the quarter, compared to analysts’ expectations of $46.59 million.
Several institutional investors have recently bought and sold shares of the company. Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of Village Farms International by 17.8% in the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 14,601 shares of the company’s stock valued at $167,000 after purchasing an additional 2,201 shares during the last quarter. Van ECK Associates Corp purchased a new stake in shares of Village Farms International in the 2nd quarter valued at about $42,000. CWM LLC purchased a new stake in Village Farms International during the 2nd quarter valued at approximately $50,000. Certified Advisory Corp purchased a new stake in Village Farms International during the 2nd quarter valued at approximately $60,000. Finally, Toronto Dominion Bank raised its stake in Village Farms International by 32,788.0% during the 2nd quarter. Toronto Dominion Bank now owns 8,222 shares of the company’s stock valued at $94,000 after acquiring an additional 8,197 shares during the last quarter.
About Village Farms International
Village Farms International, Inc, together with its subsidiaries, produces, markets, and distributes greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. The company operates in two segments, Produce Business and Energy Business. It also owns and operates a 7.0 megawatt power plant that generates and sells electricity to British Columbia Hydro and Power Authority.
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