Quantbot Technologies LP Has $183,000 Stock Holdings in Farmland Partners Inc. (NYSE:FPI)

Quantbot Technologies LP raised its holdings in Farmland Partners Inc. (NYSE:FPI) by 34.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 15,543 shares of the financial services provider’s stock after acquiring an additional 4,019 shares during the quarter. Quantbot Technologies LP’s holdings in Farmland Partners were worth $183,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Global Alpha Capital Management Ltd. boosted its holdings in Farmland Partners by 9.2% in the fourth quarter. Global Alpha Capital Management Ltd. now owns 3,387,769 shares of the financial services provider’s stock valued at $39,840,000 after acquiring an additional 284,000 shares during the last quarter. State Street Corp boosted its stake in shares of Farmland Partners by 1.4% in the 3rd quarter. State Street Corp now owns 1,136,755 shares of the financial services provider’s stock valued at $11,879,000 after purchasing an additional 15,638 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Farmland Partners by 0.7% during the third quarter. Geode Capital Management LLC now owns 1,136,338 shares of the financial services provider’s stock worth $11,877,000 after buying an additional 8,413 shares during the period. Accordant Advisory Group Inc lifted its holdings in Farmland Partners by 9.9% in the fourth quarter. Accordant Advisory Group Inc now owns 893,712 shares of the financial services provider’s stock valued at $10,510,000 after buying an additional 80,736 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in Farmland Partners by 1.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 373,855 shares of the financial services provider’s stock valued at $4,397,000 after acquiring an additional 3,564 shares during the last quarter. Institutional investors own 58.00% of the company’s stock.

Farmland Partners Price Performance

Shares of NYSE FPI opened at $11.16 on Monday. Farmland Partners Inc. has a 1 year low of $9.70 and a 1 year high of $12.87. The stock has a market capitalization of $513.02 million, a P/E ratio of 11.16 and a beta of 0.66. The company has a 50-day moving average price of $11.48 and a 200-day moving average price of $11.53.

Farmland Partners (NYSE:FPI) last announced its quarterly earnings results on Wednesday, February 19th. The financial services provider reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. The business had revenue of $21.47 million during the quarter, compared to the consensus estimate of $20.29 million. Farmland Partners had a return on equity of 11.47% and a net margin of 102.89%. As a group, equities research analysts anticipate that Farmland Partners Inc. will post 0.13 earnings per share for the current fiscal year.

Farmland Partners Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be given a $0.06 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $0.24 annualized dividend and a yield of 2.15%. Farmland Partners’s dividend payout ratio is currently 24.00%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Farmland Partners from a “sell” rating to a “hold” rating in a report on Friday, February 28th.

Farmland Partners Company Profile

Farmland Partners Inc is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of December 31, 2023, the Company owns and/or manages approximately 171,100 acres in 16 states, including Arkansas, California, Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, Oklahoma, South Carolina and Texas.