Alpine Global Management LLC Sells 80,000 Shares of Village Farms International, Inc. (NASDAQ:VFF)

Alpine Global Management LLC lowered its position in Village Farms International, Inc. (NASDAQ:VFF) by 44.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 100,000 shares of the company’s stock after selling 80,000 shares during the period. Alpine Global Management LLC owned 0.09% of Village Farms International worth $124,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Raymond James Trust N.A. raised its position 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 worth $28,000 after purchasing an additional 18,000 shares during the last quarter. Concurrent Investment Advisors LLC bought a new position in Village Farms International in the 1st quarter worth approximately $80,000. Formidable Asset Management LLC raised its position in Village Farms International by 28.2% in the 4th quarter. Formidable Asset Management LLC now owns 194,415 shares of the company’s stock worth $148,000 after purchasing an additional 42,800 shares during the last quarter. GSA Capital Partners LLP raised its position in Village Farms International by 119.2% in the 1st quarter. GSA Capital Partners LLP now owns 513,739 shares of the company’s stock worth $637,000 after purchasing an additional 279,370 shares during the last quarter. Finally, Key Client Fiduciary Advisors LLC raised its position in Village Farms International by 13.0% in the 1st quarter. Key Client Fiduciary Advisors LLC now owns 616,745 shares of the company’s stock worth $765,000 after purchasing an additional 71,040 shares during the last quarter. Institutional investors own 12.15% of the company’s stock.

Village Farms International Stock Performance

VFF traded down $0.01 during trading on Friday, reaching $1.15. 281,720 shares of the company’s stock were exchanged, compared to its average volume of 378,751. The company’s fifty day moving average price is $1.07 and its 200-day moving average price is $1.04. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.08 and a quick ratio of 1.06. Village Farms International, Inc. has a fifty-two week low of $0.55 and a fifty-two week high of $1.62.

Village Farms International (NASDAQ:VFF) last released its earnings results on Wednesday, May 8th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). Village Farms International had a negative return on equity of 4.49% and a negative net margin of 9.37%. The business had revenue of $78.08 million for the quarter, compared to analyst estimates of $72.51 million. On average, research analysts forecast that Village Farms International, Inc. will post -0.08 earnings per share for the current year.

Village Farms International 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.