Mirae Asset Global Investments Co. Ltd. Has $731,000 Holdings in Village Farms International, Inc. (NASDAQ:VFF)

Mirae Asset Global Investments Co. Ltd. lowered its position in shares of Village Farms International, Inc. (NASDAQ:VFF) by 4.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 960,973 shares of the company’s stock after selling 43,474 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned 0.87% of Village Farms International worth $731,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in VFF. Raymond James Trust N.A. increased its stake in Village Farms International by 94.4% in the 4th quarter. Raymond James Trust N.A. now owns 37,063 shares of the company’s stock valued at $28,000 after buying an additional 18,000 shares during the period. Sustainable Insight Capital Management LLC increased its stake in Village Farms International by 32.9% in the 3rd quarter. Sustainable Insight Capital Management LLC now owns 93,300 shares of the company’s stock valued at $74,000 after buying an additional 23,100 shares during the period. Commonwealth Equity Services LLC increased its stake in Village Farms International by 693.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 100,690 shares of the company’s stock valued at $80,000 after buying an additional 88,000 shares during the period. Formidable Asset Management LLC increased its stake in Village Farms International by 96.4% in the 3rd quarter. Formidable Asset Management LLC now owns 151,615 shares of the company’s stock valued at $121,000 after buying an additional 74,408 shares during the period. Finally, Key Client Fiduciary Advisors LLC grew its position in Village Farms International by 7.7% in the fourth quarter. Key Client Fiduciary Advisors LLC now owns 545,705 shares of the company’s stock worth $415,000 after acquiring an additional 39,045 shares in the last quarter. Institutional investors and hedge funds own 12.15% of the company’s stock.

Village Farms International Stock Performance

VFF stock opened at $1.32 on Thursday. The company has a quick ratio of 1.02, a current ratio of 2.10 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $145.53 million, a price-to-earnings ratio of -4.71 and a beta of 2.44. Village Farms International, Inc. has a 12 month low of $0.55 and a 12 month high of $1.57. The firm has a 50 day moving average of $1.03 and a two-hundred day moving average of $0.87.

Village Farms International (NASDAQ:VFF) last posted its quarterly earnings data on Wednesday, March 13th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.06). The firm had revenue of $74.23 million for the quarter, compared to the consensus estimate of $70.03 million. Village Farms International had a negative return on equity of 5.58% and a negative net margin of 11.13%. As a group, equities analysts anticipate that Village Farms International, Inc. will post -0.06 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Craig Hallum boosted their target price on shares of Village Farms International from $1.00 to $1.20 and gave the stock a “buy” rating in a research report on Thursday, March 14th.

Village Farms International Company Profile

Village Farms International, Inc, together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. The company also produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications; and produces power.