Do Institutional Investors Hate Gladstone Land Corp (NASDAQ:LAND)?

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Sentiment for Gladstone Land Corp (NASDAQ:LAND)

Gladstone Land Corp (NASDAQ:LAND) institutional sentiment decreased to 1.71 in 2018 Q3. Its down -0.73, from 2.44 in 2018Q2. The ratio dropped, as 36 active investment managers opened new and increased stock positions, while 21 trimmed and sold equity positions in Gladstone Land Corp. The active investment managers in our partner’s database now own: 5.22 million shares, down from 5.55 million shares in 2018Q2. Also, the number of active investment managers holding Gladstone Land Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 16 Increased: 26 New Position: 10.

Gladstone Land Corporation, an externally-managed agricultural real estate investment trust, owns and leases farmland for independent and corporate farming activities in the United States. The company has market cap of $214.16 million. The firm also owns various farm-related facilities, such as cooling facilities, buildings for the storage and assembly of boxes for shipping produce, packinghouses, processing facilities, and various storage facilities. It has a 51.1 P/E ratio. As of September 5, 2017, it owned 71 farms covering an area of 61,048 acres in 8 states in the United States.

The stock decreased 7.94% or $1 during the last trading session, reaching $11.6. About 244,083 shares traded or 114.40% up from the average. Gladstone Land Corporation (NASDAQ:LAND) has risen 0.75% since January 14, 2018 and is uptrending. It has outperformed by 0.75% the S&P500.

Analysts await Gladstone Land Corporation (NASDAQ:LAND) to report earnings on February, 19. They expect $0.13 EPS, down 7.14 % or $0.01 from last year’s $0.14 per share. LAND’s profit will be $2.40M for 22.31 P/E if the $0.13 EPS becomes a reality. After $0.15 actual EPS reported by Gladstone Land Corporation for the previous quarter, Wall Street now forecasts -13.33 % negative EPS growth.

Foster & Motley Inc holds 0.86% of its portfolio in Gladstone Land Corporation for 466,707 shares. Bard Associates Inc owns 127,000 shares or 0.72% of their US portfolio. Moreover, Marathon Capital Management has 0.52% invested in the company for 107,784 shares. The Minnesota-based Punch & Associates Investment Management Inc. has invested 0.33% in the stock. Diligent Investors Llc, a California-based fund reported 40,778 shares.

Gladstone Land Corporation (NASDAQ:LAND) Institutional Positions Chart

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