Key Client Fiduciary Advisors LLC Boosts Stock Position in Village Farms International, Inc. $VFF

Key Client Fiduciary Advisors LLC raised its holdings in Village Farms International, Inc. (NASDAQ:VFF) by 116.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,334,631 shares of the company’s stock after purchasing an additional 718,382 shares during the quarter. Village Farms International accounts for 0.8% of Key Client Fiduciary Advisors LLC’s investment portfolio, making the stock its 27th largest position. Key Client Fiduciary Advisors LLC’s holdings in Village Farms International were worth $2,663,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd bought a new stake in shares of Village Farms International during the 4th quarter worth $27,000. Barclays PLC purchased a new position in shares of Village Farms International in the 4th quarter worth about $29,000. Cetera Investment Advisers boosted its holdings in shares of Village Farms International by 45.7% in the 4th quarter. Cetera Investment Advisers now owns 34,282 shares of the company’s stock worth $125,000 after buying an additional 10,755 shares during the last quarter. Kestra Private Wealth Services LLC bought a new position in Village Farms International during the fourth quarter valued at about $40,000. Finally, Mariner LLC bought a new position in Village Farms International during the fourth quarter valued at about $44,000. 12.15% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

VFF has been the topic of several research reports. Weiss Ratings raised shares of Village Farms International from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. Zacks Research upgraded shares of Village Farms International from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, Village Farms International currently has a consensus rating of “Hold”.

Village Farms International Stock Performance

NASDAQ:VFF opened at $2.08 on Monday. The company has a market capitalization of $237.76 million, a P/E ratio of 5.94 and a beta of 1.31. The business has a fifty day simple moving average of $2.02 and a two-hundred day simple moving average of $2.64. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.06 and a quick ratio of 2.03. Village Farms International, Inc. has a 1 year low of $1.61 and a 1 year high of $4.99.

Village Farms International (NASDAQ:VFF) last issued its quarterly earnings results on Monday, May 11th. The company reported $0.02 EPS for the quarter, meeting analysts’ consensus estimates of $0.02. The firm had revenue of $50.24 million for the quarter, compared to analysts’ expectations of $47.81 million. Village Farms International had a return on equity of 8.84% and a net margin of 18.57%. On average, analysts expect that Village Farms International, Inc. will post 0.15 earnings per share for the current year.

Village Farms International 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.