Y Intercept Hong Kong Ltd Makes New $1.56 Million Investment in Farmland Partners Inc. $FPI

Y Intercept Hong Kong Ltd acquired a new stake in Farmland Partners Inc. (NYSE:FPI) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 138,591 shares of the financial services provider’s stock, valued at approximately $1,556,000.

A number of other hedge funds have also made changes to their positions in the stock. Intech Investment Management LLC increased its position in shares of Farmland Partners by 5.5% in the 4th quarter. Intech Investment Management LLC now owns 19,276 shares of the financial services provider’s stock worth $187,000 after purchasing an additional 1,004 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Farmland Partners by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,322 shares of the financial services provider’s stock valued at $293,000 after purchasing an additional 1,092 shares in the last quarter. Kestra Advisory Services LLC lifted its position in shares of Farmland Partners by 9.9% during the fourth quarter. Kestra Advisory Services LLC now owns 13,040 shares of the financial services provider’s stock worth $126,000 after purchasing an additional 1,171 shares during the last quarter. State of Alaska Department of Revenue lifted its position in shares of Farmland Partners by 6.0% during the fourth quarter. State of Alaska Department of Revenue now owns 23,744 shares of the financial services provider’s stock worth $228,000 after purchasing an additional 1,339 shares during the last quarter. Finally, Principal Securities Inc. grew its stake in Farmland Partners by 12.9% in the fourth quarter. Principal Securities Inc. now owns 15,792 shares of the financial services provider’s stock worth $153,000 after purchasing an additional 1,809 shares in the last quarter. Institutional investors and hedge funds own 58.00% of the company’s stock.

Farmland Partners Stock Up 1.4%

Shares of NYSE:FPI traded up $0.14 on Friday, reaching $9.62. 454,363 shares of the company’s stock were exchanged, compared to its average volume of 451,993. The firm has a market capitalization of $419.41 million, a price-to-earnings ratio of 16.58 and a beta of 0.67. Farmland Partners Inc. has a fifty-two week low of $9.36 and a fifty-two week high of $13.23. The business’s 50-day moving average is $10.09 and its two-hundred day moving average is $10.89.

Farmland Partners (NYSE:FPI) last posted its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). Farmland Partners had a return on equity of 6.48% and a net margin of 57.94%.The business had revenue of $10.10 million during the quarter, compared to the consensus estimate of $5.67 million. Farmland Partners has set its FY 2026 guidance at 0.300-0.350 EPS. Analysts predict that Farmland Partners Inc. will post 0.26 earnings per share for the current fiscal year.

Farmland Partners Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be issued a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $0.36 annualized dividend and a dividend yield of 3.7%. Farmland Partners’s dividend payout ratio (DPR) is 62.07%.

Analyst Ratings Changes

Several brokerages recently weighed in on FPI. Zacks Research lowered Farmland Partners from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Weiss Ratings downgraded Farmland Partners from a “buy (b-)” rating to a “hold (c)” rating in a report on Friday, May 15th. Finally, Wall Street Zen lowered Farmland Partners from a “hold” rating to a “sell” rating in a research report on Saturday, March 21st. Four investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

About Farmland Partners

Farmland Partners Inc is a real estate investment trust (REIT) that acquires and manages high-quality farmland in the United States. The company’s primary business activity is the ownership of agricultural land, which it leases to farmers under various rental arrangements designed to generate stable cash rents and long-term capital appreciation. By focusing on farmland as a real asset, the company seeks to benefit from rising global demand for food, fiber and renewable fuels.

Founded in 2013 and headquartered in Scottsdale, Arizona, Farmland Partners completed its initial public offering in June 2017 and began trading on the New York Stock Exchange under the ticker FPI.