Baader Bank Aktiengesellschaft Reduces Holdings in Village Farms International, Inc. $VFF

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

Other institutional investors have also recently made changes to their positions in the company. AdvisorShares Investments LLC grew its holdings in Village Farms International by 77.0% during the 3rd 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 last quarter. iA Global Asset Management Inc. purchased a new position in shares of Village Farms International during the second quarter valued at approximately $440,000. Stephens Inc. AR grew its stake 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. Tidal Investments LLC raised its holdings in shares of Village Farms International by 3.3% in the second quarter. Tidal Investments LLC now owns 2,778,410 shares of the company’s stock worth $3,056,000 after buying an additional 87,726 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of 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 worth $446,000 after acquiring an additional 35,913 shares during the last quarter. Institutional investors own 12.15% of the company’s stock.

Insider Activity

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

Analyst Ratings Changes

Several equities analysts have commented on VFF shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Village Farms International in a research report on Tuesday, January 27th. Zacks Research cut shares of Village Farms International from a “strong-buy” rating to a “hold” rating in a report on Friday, January 9th. Finally, 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. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Village Farms International currently has a consensus rating of “Moderate Buy”.

Village Farms International Price Performance

Shares of VFF opened at $3.13 on Thursday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.17 and a current ratio of 2.78. The company has a 50 day moving average price of $3.52 and a 200-day moving average price of $3.15. Village Farms International, Inc. has a fifty-two week low of $0.45 and a fifty-two week high of $4.99. 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 issued its quarterly earnings data on Monday, November 10th. The company reported $0.08 earnings per share for the quarter, topping 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 analysts’ expectations of $58.63 million. Equities analysts predict that Village Farms International, Inc. will post -0.15 earnings per share for the current fiscal year.

About Village Farms International

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.