AdvisorShares Investments LLC Has $18.67 Million Position in Village Farms International, Inc. $VFF

AdvisorShares Investments LLC increased its position in Village Farms International, Inc. (NASDAQ:VFF) by 77.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,963,842 shares of the company’s stock after acquiring an additional 2,595,154 shares during the period. Village Farms International comprises approximately 3.0% of AdvisorShares Investments LLC’s holdings, making the stock its 4th largest position. AdvisorShares Investments LLC owned approximately 0.05% of Village Farms International worth $18,667,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Traynor Capital Management Inc. purchased a new stake in Village Farms International during the 3rd quarter valued at $31,000. Brian Low Financial Group LLC bought a new position in shares of Village Farms International during the third quarter valued at $144,000. Rydar Equities Inc. bought a new position in shares of Village Farms International during the second quarter valued at $53,000. Stephens Inc. AR boosted its position in shares of Village Farms International by 50.6% during the second quarter. Stephens Inc. AR now owns 59,500 shares of the company’s stock valued at $65,000 after buying an additional 20,000 shares during the last quarter. Finally, Concurrent Investment Advisors LLC boosted its position in shares of Village Farms International by 100.8% during the third quarter. Concurrent Investment Advisors LLC now owns 85,133 shares of the company’s stock valued at $266,000 after buying an additional 42,739 shares during the last quarter. 12.15% of the stock is owned by institutional investors.

Village Farms International Stock Up 8.0%

VFF opened at $3.24 on Friday. The company has a current ratio of 2.78, a quick ratio of 2.17 and a debt-to-equity ratio of 0.11. Village Farms International, Inc. has a 1-year low of $0.45 and a 1-year high of $4.99. The company has a market capitalization of $374.28 million, a PE ratio of 18.00 and a beta of 1.29. The firm’s 50 day simple moving average is $3.56 and its two-hundred day simple moving average is $3.11.

Village Farms International (NASDAQ:VFF) last issued its quarterly earnings data on Monday, November 10th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.05. The firm had revenue of $66.74 million during the quarter, compared to the consensus estimate of $58.63 million. Village Farms International had a net margin of 7.47% and a return on equity of 1.98%. As a group, equities analysts forecast that Village Farms International, Inc. will post -0.15 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on VFF shares. Weiss Ratings reissued 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 downgraded shares of Village Farms International from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 9th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Insider Activity

In other Village Farms International news, insider Orville Bovenschen sold 61,586 shares of the company’s 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 sale, the insider owned 50,000 shares in the company, valued at $165,000. This represents a 55.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Carolyn Hauger sold 22,000 shares of the firm’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $3.75, for a total value of $82,500.00. Following the completion of the transaction, the director directly owned 29,020 shares in the company, valued at $108,825. This trade represents a 43.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 148,786 shares of company stock valued at $541,318 in the last three months. 12.60% of the stock is currently owned by corporate insiders.

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.