1.82 is Gladstone Land Corp’s (NASDAQ:LAND) Institutional Investor Sentiment

December 8, 2017 - By Adrian Erickson

 1.82 is Gladstone Land Corp's (NASDAQ:LAND) Institutional Investor Sentiment

Sentiment for Gladstone Land Corp (NASDAQ:LAND)

Gladstone Land Corp (NASDAQ:LAND) institutional sentiment increased to 1.82 in Q2 2017. Its up 0.15, from 1.67 in 2017Q1. The ratio has improved, as 20 funds increased and opened new stock positions, while 11 reduced and sold their positions in Gladstone Land Corp. The funds in our partner’s database now hold: 2.74 million shares, up from 2.62 million shares in 2017Q1. Also, the number of funds holding Gladstone Land Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 9 Increased: 15 New Position: 5.

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 $182.75 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 291.3 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.

It closed at $13.4 lastly. It is down 10.50% since December 8, 2016 and is uptrending. It has underperformed by 6.20% the S&P500.

Analysts await Gladstone Land Corporation (NASDAQ:LAND) to report earnings on February, 20. They expect $0.15 earnings per share, up 7.14 % or $0.01 from last year’s $0.14 per share. LAND’s profit will be $2.05M for 22.33 P/E if the $0.15 EPS becomes a reality. After $0.14 actual earnings per share reported by Gladstone Land Corporation for the previous quarter, Wall Street now forecasts 7.14 % EPS growth.

Marathon Capital Management holds 1% of its portfolio in Gladstone Land Corporation for 181,190 shares. Diligent Investors Llc owns 100,371 shares or 0.83% of their US portfolio. Moreover, Bard Associates Inc has 0.71% invested in the company for 134,650 shares. The Ohio-based Foster & Motley Inc has invested 0.46% in the stock. Shufro Rose & Co Llc, a New York-based fund reported 48,000 shares.#img1#

Since January 1, 0001, it had 1 buy, and 0 insider sales for $227,640 activity.

Gladstone Land Corporation (NASDAQ:LAND) Ratings Coverage

Ratings analysis reveals 60% of Gladstone Land’s analysts are positive. Out of 5 Wall Street analysts rating Gladstone Land, 3 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $10.50 while the high is $15.0. The stock’s average target of $12.75 is -4.85% below today’s ($13.4) share price. LAND was included in 8 notes of analysts from August 10, 2015. The stock of Gladstone Land Corporation (NASDAQ:LAND) earned “Buy” rating by Maxim Group on Wednesday, November 8. The firm has “Buy” rating by Ladenburg given on Wednesday, June 28. The company was initiated on Thursday, December 3 by Janney Capital. The firm has “Buy” rating given on Wednesday, August 9 by Maxim Group. Maxim Group maintained Gladstone Land Corporation (NASDAQ:LAND) rating on Monday, August 10. Maxim Group has “Buy” rating and $14.0 target. The stock of Gladstone Land Corporation (NASDAQ:LAND) earned “Market Perform” rating by JMP Securities on Monday, August 15. The company was downgraded on Wednesday, November 8 by Hilliard Lyons. The firm has “Buy” rating by Maxim Group given on Friday, November 10.

More notable recent Gladstone Land Corporation (NASDAQ:LAND) news were published by: Globenewswire.com which released: “Gladstone Land Corporation Announces Pricing of Common Stock Offering” on September 08, 2017, also Globenewswire.com with their article: “Gladstone Land Corporation Announces Closing of Offering of 1150000 Shares of …” published on September 12, 2017, Globenewswire.com published: “Gladstone Land Reports No Damage to Farms from Wildfires in Southern California” on December 07, 2017. More interesting news about Gladstone Land Corporation (NASDAQ:LAND) were released by: Seekingalpha.com and their article: “Gladstone Land Corp’s (LAND) CEO David Gladstone on Q3 2017 Results – Earnings …” published on November 08, 2017 as well as Globenewswire.com‘s news article titled: “Gladstone Land Acquires Organic Farm in Washington State for $9.5 Million” with publication date: September 11, 2017.

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