Global Alpha Capital Management Ltd. Cuts Position in Farmland Partners Inc. $FPI

Global Alpha Capital Management Ltd. reduced its stake in shares of Farmland Partners Inc. (NYSE:FPI) by 48.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,496,785 shares of the financial services provider’s stock after selling 1,406,967 shares during the period. Global Alpha Capital Management Ltd.’s holdings in Farmland Partners were worth $14,504,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Intech Investment Management LLC lifted its stake in shares of Farmland Partners by 5.5% in the fourth quarter. Intech Investment Management LLC now owns 19,276 shares of the financial services provider’s stock valued at $187,000 after purchasing an additional 1,004 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Farmland Partners by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,322 shares of the financial services provider’s stock worth $293,000 after buying an additional 1,092 shares during the period. State of Alaska Department of Revenue increased its holdings in Farmland Partners by 6.0% in the fourth quarter. State of Alaska Department of Revenue now owns 23,744 shares of the financial services provider’s stock valued at $228,000 after buying an additional 1,339 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Farmland Partners by 6.5% during the 2nd quarter. Cetera Investment Advisers now owns 33,898 shares of the financial services provider’s stock valued at $390,000 after acquiring an additional 2,057 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of Farmland Partners by 5.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 41,757 shares of the financial services provider’s stock valued at $437,000 after acquiring an additional 2,126 shares during the period. Hedge funds and other institutional investors own 58.00% of the company’s stock.

Farmland Partners Stock Performance

Shares of FPI opened at $10.36 on Friday. The stock has a fifty day moving average of $10.96 and a two-hundred day moving average of $10.91. The company has a market capitalization of $451.69 million, a PE ratio of 17.85 and a beta of 0.66. Farmland Partners Inc. has a fifty-two week low of $9.36 and a fifty-two week high of $13.23.

Farmland Partners (NYSE:FPI) last issued its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). The business had revenue of $10.10 million for the quarter, compared to analysts’ expectations of $5.67 million. Farmland Partners had a return on equity of 6.48% and a net margin of 57.94%.Farmland Partners has set its FY 2026 guidance at 0.300-0.350 EPS. As a group, equities research analysts forecast that Farmland Partners Inc. will post 0.31 earnings per share for the current fiscal year.

Farmland Partners Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Wednesday, July 1st. Farmland Partners’s dividend payout ratio (DPR) is presently 62.07%.

Wall Street Analyst Weigh In

Several analysts have weighed in on FPI shares. Wall Street Zen lowered Farmland Partners from a “hold” rating to a “sell” rating in a report on Saturday, March 21st. B. Riley Financial reiterated a “neutral” rating on shares of Farmland Partners in a research report on Thursday, February 19th. Raymond James Financial reissued a “market perform” rating on shares of Farmland Partners in a research note on Thursday, March 12th. Zacks Research downgraded shares of Farmland Partners from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Finally, Weiss Ratings cut shares of Farmland Partners from a “buy (b-)” rating to a “hold (c)” rating in a research report on Friday, May 15th. Four investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company 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.