Shares of Farmland Partners Inc. (NYSE:FPI) were down 0.1% on Friday . The company traded as low as $11.48 and last traded at $11.51, with a volume of 54,350 shares trading hands. The stock had previously closed at $11.50.

A number of analysts have weighed in on FPI shares. Zacks Investment Research cut Farmland Partners from a “buy” rating to a “hold” rating in a research note on Tuesday, March 29th. Stifel Nicolaus cut their price target on Farmland Partners from $12.50 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, March 17th. FBR & Co restated a “buy” rating on shares of Farmland Partners in a research note on Wednesday, March 16th. Finally, BMO Capital Markets cut Farmland Partners from an “outperform” rating to a “market perform” rating and raised their price target for the company from $11.30 to $11.50 in a research note on Monday, April 18th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $12.00.

The company has a 50 day moving average price of $11.16 and a 200-day moving average price of $10.85. The stock’s market cap is $136.68 million.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 15th. Stockholders of record on Friday, July 1st will be issued a dividend of $0.1275 per share. The ex-dividend date is Wednesday, June 29th. This represents a $0.51 dividend on an annualized basis and a dividend yield of 4.42%.

An institutional investor recently raised its position in Farmland Partners stock. Tocqueville Asset Management L.P. raised its position in Farmland Partners Inc. (NYSE:FPI) by 4.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 91,250 shares of the company’s stock after buying an additional 3,550 shares during the period. Tocqueville Asset Management L.P. owned approximately 0.77% of Farmland Partners worth $1,001,000 at the end of the most recent quarter.

Farmland Partners Inc is an internally managed real estate company. The Company owns and seeks to acquire primary crop farmland located in agricultural markets throughout North America. The Company is the sole member of the general partner of Farmland Partners Operating Partnership, LP (the Operating Partnership).

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