Gilder Gagnon Howe & Co. LLC cut its stake in shares of Farmer Brothers Company (NASDAQ:FARM) by 0.8% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 91,822 shares of the company’s stock after selling 718 shares during the period. Gilder Gagnon Howe & Co. LLC’s holdings in Farmer Brothers were worth $2,778,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of FARM. Hodges Capital Management Inc. boosted its position in Farmer Brothers by 951.0% in the second quarter. Hodges Capital Management Inc. now owns 90,000 shares of the company’s stock valued at $2,722,000 after buying an additional 81,437 shares in the last quarter. Anchor Capital Advisors LLC boosted its position in Farmer Brothers by 1.8% in the second quarter. Anchor Capital Advisors LLC now owns 59,260 shares of the company’s stock valued at $1,793,000 after buying an additional 1,044 shares in the last quarter. Strs Ohio boosted its position in Farmer Brothers by 5.9% in the second quarter. Strs Ohio now owns 19,900 shares of the company’s stock valued at $601,000 after buying an additional 1,100 shares in the last quarter. US Bancorp DE boosted its position in Farmer Brothers by 3.2% in the second quarter. US Bancorp DE now owns 44,259 shares of the company’s stock valued at $1,339,000 after buying an additional 1,359 shares in the last quarter. Finally, Aperio Group LLC boosted its position in Farmer Brothers by 90.7% in the second quarter. Aperio Group LLC now owns 18,373 shares of the company’s stock valued at $556,000 after buying an additional 8,736 shares in the last quarter. Hedge funds and other institutional investors own 50.93% of the company’s stock.

Farmer Brothers Company (NASDAQ:FARM) opened at 30.45 on Thursday. The firm has a market capitalization of $505.62 million, a PE ratio of 4.73 and a beta of 0.48. Farmer Brothers Company has a 1-year low of $28.90 and a 1-year high of $37.55. The company has a 50 day moving average of $30.51 and a 200 day moving average of $32.64.

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Several research firms recently issued reports on FARM. B. Riley reiterated a “buy” rating and issued a $37.25 target price on shares of Farmer Brothers in a research note on Monday, July 10th. ValuEngine upgraded shares of Farmer Brothers from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. TheStreet cut shares of Farmer Brothers from a “b” rating to a “c+” rating in a research note on Tuesday, May 30th. Finally, Zacks Investment Research cut shares of Farmer Brothers from a “hold” rating to a “sell” rating in a research note on Thursday, May 11th.

Farmer Brothers Company Profile

Farmer Bros. Co is a national coffee roaster, wholesaler and distributor of coffee, tea and culinary products. The Company offers private brand and consumer-branded coffee products to small independent restaurants and foodservice operators, and institutional buyers. Its product line includes organic, Direct Trade, Direct Trade Verified Sustainable (DTVS) coffees and other coffees, iced and hot teas, cappuccino, spices, and baking/biscuit mixes.

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Institutional Ownership by Quarter for Farmer Brothers (NASDAQ:FARM)

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