Baader Bank Aktiengesellschaft Sells 244,580 Shares of Village Farms International, Inc. $VFF

Baader Bank Aktiengesellschaft cut its holdings in Village Farms International, Inc. (NASDAQ:VFF) by 54.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 206,803 shares of the company’s stock after selling 244,580 shares during the period. Baader Bank Aktiengesellschaft owned 0.18% of Village Farms International worth $639,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. AdvisorShares Investments LLC grew its holdings in Village Farms International by 77.0% during the third quarter. AdvisorShares Investments LLC now owns 5,963,842 shares of the company’s stock valued at $18,667,000 after purchasing an additional 2,595,154 shares during the period. iA Global Asset Management Inc. purchased a new position in shares of Village Farms International during the 2nd quarter valued at about $440,000. Stephens Inc. AR grew 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 acquiring an additional 20,000 shares during the period. Tidal Investments LLC grew its stake in shares of Village Farms International by 3.3% during the 2nd quarter. Tidal Investments LLC now owns 2,778,410 shares of the company’s stock valued at $3,056,000 after acquiring an additional 87,726 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Village Farms International by 5.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 737,574 shares of the company’s stock worth $446,000 after acquiring an additional 35,913 shares in the last quarter. Institutional investors own 12.15% of the company’s stock.

Wall Street Analyst Weigh In

VFF has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Village Farms International in a research report on Tuesday, January 27th. Wall Street Zen raised shares of Village Farms International from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 15th. Finally, Zacks Research cut Village Farms International from a “strong-buy” rating to a “hold” rating in a report on Friday, January 9th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Insider Transactions at Village Farms International

In other Village Farms International news, Director Carolyn Hauger sold 22,000 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $3.75, for a total transaction of $82,500.00. Following the sale, the director directly owned 29,020 shares of the company’s stock, valued at $108,825. The trade was a 43.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Orville Bovenschen sold 61,586 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $3.30, for a total value of $203,233.80. Following the sale, the insider owned 50,000 shares in the company, valued at approximately $165,000. This trade represents a 55.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 148,786 shares of company stock worth $541,318. Insiders own 12.60% of the company’s stock.

Village Farms International Stock Performance

NASDAQ VFF opened at $3.13 on Thursday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.78 and a quick ratio of 2.17. Village Farms International, Inc. has a 1-year low of $0.45 and a 1-year high of $4.99. The business has a 50 day simple moving average of $3.52 and a two-hundred day simple moving average of $3.15. The stock has a market capitalization of $361.58 million, a PE ratio of 17.39 and a beta of 1.29.

Village Farms International (NASDAQ:VFF) last posted its earnings results on Monday, November 10th. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $66.74 million during the quarter, compared to the consensus estimate of $58.63 million. On average, research analysts predict 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.