Accordant Advisory Group Inc Grows Stake in Farmland Partners Inc. $FPI

Key Points

• Accordant Advisory Group increased its stake in Farmland Partners by 14.7% to 1,337,831 shares (about 3.10% of the company), making FPI the firm's largest holding and roughly 8.9% of its portfolio (≈$12.96M).
• Farmland Partners reported stronger-than-expected quarterly results (EPS $0.43 vs. $0.20 consensus; revenue $20.72M vs. $17.14M), set FY2026 guidance of 0.330–0.370 EPS, and raised its quarterly dividend to $0.09 (annualized $0.36, ~3.1% yield; ex-dividend April 1).

Accordant Advisory Group Inc grew its holdings in shares of Farmland Partners Inc. (NYSE:FPI - Free Report) by 14.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,337,831 shares of the financial services provider's stock after purchasing an additional 171,813 shares during the quarter. Farmland Partners comprises about 8.9% of Accordant Advisory Group Inc's investment portfolio, making the stock its biggest position. Accordant Advisory Group Inc owned approximately 3.10% of Farmland Partners worth $12,964,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Advisory Services Network LLC bought a new position in shares of Farmland Partners during the 3rd quarter valued at $29,000. Oakworth Capital Inc. bought a new position in shares of Farmland Partners during the 3rd quarter valued at $34,000. Tower Research Capital LLC TRC raised its holdings in Farmland Partners by 218.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,209 shares of the financial services provider's stock worth $48,000 after acquiring an additional 2,886 shares during the period. Harbor Capital Advisors Inc. raised its holdings in Farmland Partners by 245.3% in the 4th quarter. Harbor Capital Advisors Inc. now owns 5,111 shares of the financial services provider's stock worth $50,000 after acquiring an additional 3,631 shares during the period. Finally, Strs Ohio bought a new position in Farmland Partners in the 1st quarter worth $96,000. Institutional investors own 58.00% of the company's stock.

Farmland Partners Stock Performance

NYSE:FPI opened at $11.74 on Friday. The firm's 50-day moving average is $11.85 and its 200-day moving average is $10.76. Farmland Partners Inc. has a 52-week low of $9.36 and a 52-week high of $13.23. The company has a market cap of $511.99 million, a price-to-earnings ratio of 19.56 and a beta of 0.83.

Farmland Partners (NYSE:FPI - Get Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.23. Farmland Partners had a net margin of 60.46% and a return on equity of 6.67%. The company had revenue of $20.72 million for the quarter, compared to the consensus estimate of $17.14 million. Farmland Partners has set its FY 2026 guidance at 0.330-0.370 EPS. Equities analysts predict that Farmland Partners Inc. will post 0.13 EPS for the current year.

Farmland Partners Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st will be given a dividend of $0.09 per share. This is an increase from Farmland Partners's previous quarterly dividend of $0.06. The ex-dividend date is Wednesday, April 1st. This represents a $0.36 annualized dividend and a dividend yield of 3.1%. Farmland Partners's dividend payout ratio (DPR) is presently 60.00%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on FPI. Zacks Research upgraded shares of Farmland Partners from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 2nd. Weiss Ratings reiterated a "hold (c-)" rating on shares of Farmland Partners in a report on Monday, December 29th. Wall Street Zen downgraded shares of Farmland Partners from a "hold" rating to a "sell" rating in a report on Saturday, March 21st. Raymond James Financial reiterated a "market perform" rating on shares of Farmland Partners in a report on Thursday, March 12th. Finally, B. Riley Financial reiterated a "neutral" rating on shares of Farmland Partners in a report on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy".

Farmland Partners Profile

Farmland Partners Inc is a real estate investment trust (REIT) that acquires and manages high-quality farmland in the United States. The company's primary business activity is the ownership of agricultural land, which it leases to farmers under various rental arrangements designed to generate stable cash rents and long-term capital appreciation. By focusing on farmland as a real asset, the company seeks to benefit from rising global demand for food, fiber and renewable fuels.

Founded in 2013 and headquartered in Scottsdale, Arizona, Farmland Partners completed its initial public offering in June 2017 and began trading on the New York Stock Exchange under the ticker FPI.

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