Two Sigma Advisers LP Increases Stock Holdings in Village Farms International, Inc. (NASDAQ:VFF)

Two Sigma Advisers LP grew its holdings in shares of Village Farms International, Inc. (NASDAQ:VFF) by 625.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 193,000 shares of the company’s stock after acquiring an additional 166,400 shares during the quarter. Two Sigma Advisers LP owned 0.17% of Village Farms International worth $149,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in VFF. AdvisorShares Investments LLC boosted its stake in Village Farms International by 0.6% in the 4th quarter. AdvisorShares Investments LLC now owns 3,342,808 shares of the company’s stock worth $2,577,000 after purchasing an additional 19,410 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of Village Farms International by 7.3% during the fourth quarter. Renaissance Technologies LLC now owns 1,190,633 shares of the company’s stock valued at $918,000 after buying an additional 80,567 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Village Farms International in the fourth quarter valued at $146,000. Finally, Tudor Investment Corp ET AL purchased a new position in shares of Village Farms International in the fourth quarter valued at $146,000. 12.15% of the stock is owned by hedge funds and other institutional investors.

Village Farms International Stock Down 4.0%

Shares of NASDAQ:VFF opened at $1.19 on Friday. The stock has a market cap of $133.68 million, a P/E ratio of -2.64 and a beta of 2.22. The company has a quick ratio of 1.09, a current ratio of 2.05 and a debt-to-equity ratio of 0.16. Village Farms International, Inc. has a 52-week low of $0.45 and a 52-week high of $1.32. The business has a fifty day moving average of $0.82 and a two-hundred day moving average of $0.77.

Village Farms International (NASDAQ:VFF) last posted its quarterly earnings results on Monday, May 12th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.05). Village Farms International had a negative net margin of 15.16% and a negative return on equity of 8.26%. The company had revenue of $77.07 million during the quarter, compared to analyst estimates of $78.44 million. On average, research analysts expect that Village Farms International, Inc. will post -0.15 earnings per share for the current year.

Insider Activity

In other Village Farms International news, CFO Stephen C. Ruffini bought 25,000 shares of the company’s stock in a transaction that occurred on Friday, May 30th. The stock was purchased at an average cost of $1.21 per share, for a total transaction of $30,250.00. Following the completion of the purchase, the chief financial officer now owns 9,783,127 shares of the company’s stock, valued at $11,837,583.67. This trade represents a 0.26% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 12.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on VFF. Wall Street Zen downgraded Village Farms International from a “hold” rating to a “sell” rating in a research report on Thursday, May 22nd. Alliance Global Partners reaffirmed a “buy” rating on shares of Village Farms International in a research report on Tuesday, May 13th.

Village Farms International Company 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.