Raymond James Financial Services Advisors Inc. Sells 20,776 Shares of Village Farms International, Inc. (NASDAQ:VFF)

Raymond James Financial Services Advisors Inc. reduced its holdings in Village Farms International, Inc. (NASDAQ:VFF) by 9.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 202,234 shares of the company’s stock after selling 20,776 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Village Farms International were worth $154,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Raymond James Trust N.A. raised its holdings in shares of Village Farms International by 94.4% in the 4th quarter. Raymond James Trust N.A. now owns 37,063 shares of the company’s stock valued at $28,000 after purchasing an additional 18,000 shares during the period. Sustainable Insight Capital Management LLC increased its position in Village Farms International by 32.9% during the third quarter. Sustainable Insight Capital Management LLC now owns 93,300 shares of the company’s stock worth $74,000 after buying an additional 23,100 shares during the last quarter. Key Client Fiduciary Advisors LLC boosted its position in Village Farms International by 7.7% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 545,705 shares of the company’s stock worth $415,000 after purchasing an additional 39,045 shares during the period. Formidable Asset Management LLC increased its holdings in shares of Village Farms International by 96.4% in the third quarter. Formidable Asset Management LLC now owns 151,615 shares of the company’s stock valued at $121,000 after purchasing an additional 74,408 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its position in shares of Village Farms International by 693.5% in the third quarter. Commonwealth Equity Services LLC now owns 100,690 shares of the company’s stock valued at $80,000 after purchasing an additional 88,000 shares during the period. Institutional investors own 12.15% of the company’s stock.

Analyst Ratings Changes

Separately, Craig Hallum upped their price target on shares of Village Farms International from $1.00 to $1.20 and gave the company a “buy” rating in a research note on Thursday, March 14th.

Village Farms International Stock Down 3.8 %

NASDAQ VFF opened at $1.27 on Friday. The company has a current ratio of 2.10, a quick ratio of 1.02 and a debt-to-equity ratio of 0.13. The company has a market cap of $140.02 million, a price-to-earnings ratio of -4.54 and a beta of 2.44. The company has a 50 day moving average of $1.04 and a 200-day moving average of $0.87. Village Farms International, Inc. has a 1-year low of $0.55 and a 1-year high of $1.57.

Village Farms International (NASDAQ:VFF) last posted its quarterly earnings data on Wednesday, March 13th. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.06). The company had revenue of $74.23 million for the quarter, compared to the consensus estimate of $70.03 million. Village Farms International had a negative return on equity of 5.58% and a negative net margin of 11.13%. On average, equities research analysts expect that Village Farms International, Inc. will post -0.06 earnings per share for the current fiscal year.

Village Farms International Profile

Village Farms International, Inc, together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. The company also produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications; and produces power.