Farmland Partners Inc. (FPI): Who Are The Top holders?

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Farmland Partners Inc. (NYSE:FPI) changes shares on Tuesday trading session, with a change of 2.34% or $0.16 shares. The trading starts at $7.05 and closed at $6.85 throughout the day. The trading session low price was $6.91 and day high was $7.14 on Tuesday, June 16. After the session, the Real Estate sector daily volume shifted to 0.13 million while its average volume is 174.94K. In other hand, the FPI market cap reached to $199.22M. While, its current target price is $7.01 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -0.85% and up 9.19% for month. Its quarterly performance was 11.45% above, while its half year performance is up 8.68%. FPI yearly performance stood at positive 5.41% and rise 3.39% for year-to-date. Current recommendation for Farmland Partners Inc. is 2.80.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. FPI EPS (TTM) for 12-month is 0.02. EPS for this year is 436.10%, while for the next year its value is -0.05. Its EPS Q/Q reached 9.20%. It has an EPS of 18.10% up for past five years.

Let’s take a look on the analyst recommendations on FPI for the current month and previous month. For the current month, 0 of 4 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 3 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $6.50-$7.50. Average target price for FPI was reached at $7.00.

Global Alpha Capital Management Ltd., Blackrock Inc. and Massachusetts Financial Services Co. are the top three holders in Farmland Partners Inc. (FPI) stock. On Mar 30, 2020, Global Alpha Capital Management Ltd. has 2.42 million shares which valued 14.7 million. On Mar 30, 2020, Blackrock Inc. owned 2.16 million shares which valued at 13.13 million. On Mar 30, 2020, Massachusetts Financial Services Co. has a total of 2.02 million shares which valued at 12.26 million. In the end, Massachusetts Financial Services Co. have 6.77% shares outstanding of Farmland Partners Inc. (FPI) on Mar 30, 2020. The insider ownership moved to 9.20% and institutional holding shifted to 53.10%.

The company posted an EPS (TTM) of 0.02. According to the most recent quarter report on (Jun 2020), 3 analysts estimated an average EPS of -0.09, while 0.08 EPS posted a year ago period. Analyst Estimated EPS for FPI published in the report was -0.13–0.04 during the same period. Comparing with last year, the average estimated EPS was 0.08 which is higher than -0.09 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for FPI rise 7.63% for period of 200 days. SMA for 50 days was 7.23% which is showing green signal, while SMA-20 was 1.13%. The moving average value for Farmland Partners Inc. (FPI) is 6.49 and 6.74 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in FPI stock. On Jun 11, Pittman Paul A, Chief Executive Officer, bought 2,000 trading shares at the cost of $6.46, which valued at 12920.0. On Jun 05, Pittman Paul A, Chief Executive Officer, bought 1,000 shares at the cost of $7.39, with total shares of 2,436,603. On May 29, Pittman Paul A, Chief Executive Officer, bought 1,000 shares at the cost of 6.88. After this transaction, Pittman Paul A total shares reached to 2,435,603 which valued at 6880.0.