Farmland Partners Inc. $FPI Shares Acquired by Brookwood Investment Group LLC

Brookwood Investment Group LLC grew its holdings in Farmland Partners Inc. (NYSE:FPI) by 21.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,221 shares of the financial services provider’s stock after acquiring an additional 4,092 shares during the quarter. Brookwood Investment Group LLC owned 0.05% of Farmland Partners worth $267,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in FPI. Ameritas Advisory Services LLC acquired a new stake in Farmland Partners in the second quarter worth about $28,000. Gables Capital Management Inc. acquired a new stake in Farmland Partners in the second quarter worth about $40,000. Strs Ohio acquired a new stake in Farmland Partners in the first quarter worth about $96,000. New Age Alpha Advisors LLC acquired a new stake in Farmland Partners in the first quarter worth about $109,000. Finally, LaSalle St. Investment Advisors LLC acquired a new stake in Farmland Partners in the first quarter worth about $140,000. Institutional investors and hedge funds own 58.00% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on FPI shares. Wall Street Zen downgraded Farmland Partners from a “hold” rating to a “sell” rating in a report on Saturday, September 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Farmland Partners in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Farmland Partners Stock Up 0.1%

Farmland Partners stock opened at $10.28 on Wednesday. Farmland Partners Inc. has a 52 week low of $9.66 and a 52 week high of $12.87. The company has a market capitalization of $461.45 million, a price-to-earnings ratio of 8.42 and a beta of 0.89. The stock has a 50-day moving average price of $10.68 and a 200 day moving average price of $10.80.

About Farmland Partners

Farmland Partners Inc is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of December 31, 2023, the Company owns and/or manages approximately 171,100 acres in 16 states, including Arkansas, California, Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, Oklahoma, South Carolina and Texas.