Global Alpha Capital Management Ltd. Reduces Holdings in Farmland Partners Inc. $FPI

Global Alpha Capital Management Ltd. reduced its position in Farmland Partners Inc. (NYSE:FPI) by 48.5% in the 4th quarter, according to its most recent filing with the SEC. The fund 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. owned 3.47% of Farmland Partners worth $14,504,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Jupiter Asset Management Ltd. acquired a new position in Farmland Partners during the third quarter worth approximately $3,525,000. Cauble & Harre Wealth Management Inc. acquired a new stake in shares of Farmland Partners in the fourth quarter valued at approximately $2,151,000. JPMorgan Chase & Co. grew its position in shares of Farmland Partners by 73.9% during the third quarter. JPMorgan Chase & Co. now owns 509,394 shares of the financial services provider’s stock worth $5,542,000 after acquiring an additional 216,544 shares during the last quarter. Accordant Advisory Group Inc grew its position in shares of Farmland Partners by 14.7% during the fourth quarter. Accordant Advisory Group Inc now owns 1,337,831 shares of the financial services provider’s stock worth $12,964,000 after acquiring an additional 171,813 shares during the last quarter. Finally, Man Group plc acquired a new position in shares of Farmland Partners in the 3rd quarter valued at $1,561,000. 58.00% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FPI has been the subject of several research reports. Weiss Ratings downgraded shares of Farmland Partners from a “buy (b-)” rating to a “hold (c)” rating in a research report on Friday, May 15th. B. Riley Financial restated a “neutral” rating on shares of Farmland Partners in a research note on Thursday, February 19th. Raymond James Financial reaffirmed a “market perform” rating on shares of Farmland Partners in a report on Thursday, March 12th. Zacks Research downgraded shares of Farmland Partners from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Finally, Wall Street Zen lowered Farmland Partners from a “hold” rating to a “sell” rating in a report on Saturday, March 21st. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Farmland Partners currently has a consensus rating of “Hold”.

Farmland Partners Price Performance

Shares of NYSE FPI opened at $10.36 on Friday. The stock has a fifty day moving average price of $10.96 and a 200 day moving average price of $10.91. Farmland Partners Inc. has a 1-year low of $9.36 and a 1-year high of $13.23. The company has a market cap of $451.69 million, a PE ratio of 17.85 and a beta of 0.66.

Farmland Partners (NYSE:FPI) last announced its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.03). Farmland Partners had a net margin of 57.94% and a return on equity of 6.48%. The firm had revenue of $10.10 million during the quarter, compared to analyst estimates of $5.67 million. Farmland Partners has set its FY 2026 guidance at 0.300-0.350 EPS. Analysts anticipate that Farmland Partners Inc. will post 0.31 earnings per share for the current fiscal year.

Farmland Partners Announces Dividend

The company 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 dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Wednesday, July 1st. Farmland Partners’s dividend payout ratio is currently 62.07%.

Farmland Partners Company Profile

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.