Barclays PLC Has $712,000 Holdings in Farmland Partners Inc. (NYSE:FPI)

Barclays PLC boosted its stake in Farmland Partners Inc. (NYSE:FPI) by 221.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 68,150 shares of the financial services provider’s stock after purchasing an additional 46,968 shares during the period. Barclays PLC owned about 0.14% of Farmland Partners worth $712,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. GSA Capital Partners LLP acquired a new stake in shares of Farmland Partners in the third quarter valued at about $105,000. Point72 Asset Management L.P. bought a new stake in Farmland Partners in the third quarter valued at approximately $111,000. MQS Management LLC acquired a new stake in Farmland Partners during the 2nd quarter valued at approximately $134,000. D.A. Davidson & CO. raised its holdings in Farmland Partners by 11.3% during the 3rd quarter. D.A. Davidson & CO. now owns 11,639 shares of the financial services provider’s stock worth $122,000 after purchasing an additional 1,182 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its position in shares of Farmland Partners by 22.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 12,107 shares of the financial services provider’s stock worth $127,000 after purchasing an additional 2,183 shares during the period. 58.00% of the stock is owned by institutional investors.

Insider Activity

In related news, Director John A. Good bought 15,000 shares of the company’s stock in a transaction on Thursday, December 19th. The stock was acquired at an average cost of $12.23 per share, for a total transaction of $183,450.00. Following the completion of the transaction, the director now directly owns 101,465 shares in the company, valued at $1,240,916.95. This trade represents a 17.35 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 8.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Farmland Partners from a “sell” rating to a “hold” rating in a research note on Saturday, November 9th.

Farmland Partners Stock Performance

Shares of FPI stock opened at $11.76 on Wednesday. Farmland Partners Inc. has a fifty-two week low of $9.70 and a fifty-two week high of $12.85. The stock has a 50 day simple moving average of $12.07 and a two-hundred day simple moving average of $11.19. The company has a market cap of $566.51 million, a P/E ratio of 42.00 and a beta of 0.70.

Farmland Partners Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Monday, December 23rd will be given a $1.15 dividend. This is an increase from Farmland Partners’s previous dividend of $0.13. The ex-dividend date of this dividend is Monday, December 23rd. Farmland Partners’s dividend payout ratio is presently 85.71%.

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.