Raymond James Trust N.A. Purchases 18,000 Shares of Village Farms International, Inc. (NASDAQ:VFF)

Raymond James Trust N.A. lifted its position in shares of Village Farms International, Inc. (NASDAQ:VFF) by 94.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,063 shares of the company’s stock after buying an additional 18,000 shares during the quarter. Raymond James Trust N.A.’s holdings in Village Farms International were worth $28,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Cetera Investment Advisers purchased a new stake in shares of Village Farms International during the 1st quarter worth $25,000. ExodusPoint Capital Management LP purchased a new stake in shares of Village Farms International during the 2nd quarter worth $30,000. NewEdge Advisors LLC lifted its stake in shares of Village Farms International by 87.5% during the 1st quarter. NewEdge Advisors LLC now owns 37,511 shares of the company’s stock worth $31,000 after purchasing an additional 17,500 shares during the last quarter. Stephens Inc. AR lifted its stake in shares of Village Farms International by 31.0% during the 2nd quarter. Stephens Inc. AR now owns 55,000 shares of the company’s stock worth $33,000 after purchasing an additional 13,000 shares during the last quarter. Finally, Stifel Financial Corp purchased a new stake in shares of Village Farms International during the 3rd quarter worth $36,000. Institutional investors own 12.15% of the company’s stock.

Village Farms International Trading Up 7.8 %

Village Farms International stock opened at $1.32 on Thursday. The stock has a 50-day moving average of $0.83 and a two-hundred day moving average of $0.81. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.02 and a current ratio of 2.10. Village Farms International, Inc. has a one year low of $0.55 and a one year high of $1.35. The stock has a market cap of $144.98 million, a PE ratio of -4.70 and a beta of 2.36.

Wall Street Analysts Forecast Growth

Separately, Craig Hallum increased their price target on Village Farms International from $1.00 to $1.20 and gave the company a “buy” rating in a research note on Thursday, March 14th.

About Village Farms International

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.