2 weeks Ago By ABMN Staff
Marathon Capital Management boosted its holdings in Gladstone Land Co. ( NASDAQ:LAND – Free Report ) by 0.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor owned 154,271 shares of the real estate investment trust’s stock after acquiring an additional 781 shares during the quarter. Marathon Capital Management’s holdings in Gladstone Land were worth $2,112,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also added to or reduced their stakes in LAND.
Tidal Investments LLC bought a new position in Gladstone Land in the 1st quarter valued at approximately $652,000. GSA Capital Partners LLP lifted its holdings in shares of Gladstone Land by 216.8% during the 1st quarter.
GSA Capital Partners LLP now owns 70,383 shares of the real estate investment trust’s stock valued at $939,000 after buying an additional 48,167 shares during the period. Pullen Investment Management LLC bought a new position in shares of Gladstone Land during the 1st quarter valued at $617,000. Prevail Innovative Wealth Advisors LLC bought a new position in shares of Gladstone Land during the 4th quarter valued at $233,000.
Finally, State Board of Administration of Florida Retirement System bought a new position in shares of Gladstone Land during the 1st quarter valued at $213,000. 53.60% of the stock is owned by institutional investors.
Gladstone Land Trading Down 0.5 % NASDAQ:LAND opened at $13.84 on Friday.
The company has a debt-to-equity ratio of 0.78, a current ratio of 4.43 and a quick ratio of 4.
43. The firm has a market capitalization of $496.00 million, a price-to-earnings ratio of 230.
67, a price-to-earnings-growth ratio of 4.52 and a beta of 1.07.
Gladstone Land Co. has a one year low of $12.31 and a one year high of $15.
36. The business has a fifty day moving average price of $14.07 and a 200-day moving average price of $13.
55. Gladstone Land Announces Dividend Analyst Ratings Changes Several equities analysts have recently weighed in on the company. Maxim Group cut Gladstone Land from a “buy” rating to a “hold” rating in a report on Monday, August 12th.
Alliance Global Partners assumed coverage on Gladstone Land in a report on Tuesday, June 11th. They set a “buy” rating and a $16.00 price target on the stock.
Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, Gladstone Land presently has an average rating of “Hold” and a consensus price target of $16.00.
View Our Latest Research Report on LAND Gladstone Land Profile ( Free Report ) Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers.
The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 169 farms, comprised of approximately 116,000 acres in 15 different states and over 45,000 acre-feet of banked water in California, valued at a total of approximately $1.6 billion. Further Reading Want to see what other hedge funds are holding LAND? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Gladstone Land Co. ( NASDAQ:LAND – Free Report ). Receive News & Ratings for Gladstone Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gladstone Land and related companies with MarketBeat.
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