Village Farms International, Inc. $VFF Position Boosted by AdvisorShares Investments LLC

AdvisorShares Investments LLC lifted its holdings in shares of Village Farms International, Inc. (NASDAQ:VFF) by 77.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,963,842 shares of the company’s stock after acquiring an additional 2,595,154 shares during the quarter. Village Farms International makes up 3.0% of AdvisorShares Investments LLC’s portfolio, making the stock its 4th biggest position. AdvisorShares Investments LLC owned 5.29% of Village Farms International worth $18,667,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VFF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Village Farms International by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 737,574 shares of the company’s stock valued at $446,000 after purchasing an additional 35,913 shares during the period. Stephens Inc. AR boosted its stake in shares of Village Farms International by 50.6% during the 2nd quarter. Stephens Inc. AR now owns 59,500 shares of the company’s stock valued at $65,000 after purchasing an additional 20,000 shares in the last quarter. iA Global Asset Management Inc. bought a new stake in shares of Village Farms International during the 2nd quarter valued at about $440,000. Jane Street Group LLC increased its position in shares of Village Farms International by 8.9% during the second quarter. Jane Street Group LLC now owns 203,772 shares of the company’s stock valued at $224,000 after buying an additional 16,631 shares during the period. Finally, Hilton Capital Management LLC purchased a new position in shares of Village Farms International during the second quarter valued at about $94,000. Hedge funds and other institutional investors own 12.15% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Wall Street Zen upgraded shares of Village Farms International from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 15th. Zacks Research lowered Village Farms International from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 9th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Village Farms International in a research note on Tuesday, January 27th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Village Farms International currently has an average rating of “Moderate Buy”.

Insider Buying and Selling at Village Farms International

In other news, insider Orville Bovenschen sold 61,586 shares of Village Farms International stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $3.30, for a total value of $203,233.80. Following the completion of the transaction, the insider owned 50,000 shares of the company’s stock, valued at $165,000. The trade was a 55.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Carolyn Hauger sold 22,000 shares of the company’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $3.75, for a total transaction of $82,500.00. Following the completion of the transaction, the director owned 29,020 shares in the company, valued at approximately $108,825. The trade was a 43.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 148,786 shares of company stock worth $541,318 over the last three months. Corporate insiders own 12.60% of the company’s stock.

Village Farms International Price Performance

Shares of NASDAQ VFF opened at $3.24 on Friday. The company has a 50 day simple moving average of $3.56 and a two-hundred day simple moving average of $3.11. Village Farms International, Inc. has a fifty-two week low of $0.45 and a fifty-two week high of $4.99. The company has a market capitalization of $374.28 million, a price-to-earnings ratio of 18.00 and a beta of 1.29. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.17 and a current ratio of 2.78.

Village Farms International (NASDAQ:VFF) last posted its quarterly earnings results on Monday, November 10th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.05. Village Farms International had a return on equity of 1.98% and a net margin of 7.47%.The company had revenue of $66.74 million for the quarter, compared to the consensus estimate of $58.63 million. Analysts expect that Village Farms International, Inc. will post -0.15 EPS for the current fiscal year.

Village Farms International Company Profile

Village Farms International, Inc is a North American agricultural company specializing in greenhouse cultivation of fresh produce and cannabis. Through its wholly owned operations, the company grows a variety of high-quality vegetables, including tomatoes, cucumbers and sweet peppers, using controlled-environment agriculture techniques designed to maximize yield and sustainability. Village Farms leverages advanced climate and hydroponic systems to deliver consistent year-round supply to major grocery retailers across the United States and Canada.

In its produce segment, Village Farms operates large-scale greenhouse facilities in Texas and Canada.