Gladstone Land Corp (LAND) : Marathon Capital Management scooped up 500 additional shares in Gladstone Land Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 202,115 shares of Gladstone Land Corp which is valued at $2,318,259.Gladstone Land Corp makes up approximately 1.21% of Marathon Capital Management’s portfolio.
Other Hedge Funds, Including , Vanguard Group Inc boosted its stake in LAND in the latest quarter, The investment management firm added 17,218 additional shares and now holds a total of 227,884 shares of Gladstone Land Corp which is valued at $2,613,829. Acrospire Investment Management added LAND to its portfolio by purchasing 1,456 company shares during the most recent quarter which is valued at $16,569. Gladstone Land Corp makes up approx 0.01% of Acrospire Investment Management’s portfolio.Janney Montgomery Scott boosted its stake in LAND in the latest quarter, The investment management firm added 19,496 additional shares and now holds a total of 36,246 shares of Gladstone Land Corp which is valued at $412,479. Gladstone Land Corp makes up approx 0.01% of Janney Montgomery Scott’s portfolio.Diligent Investors reduced its stake in LAND by selling 2,015 shares or 1.93% in the most recent quarter. The Hedge Fund company now holds 102,652 shares of LAND which is valued at $1,178,445. Gladstone Land Corp makes up approx 1.07% of Diligent Investors’s portfolio.
Gladstone Land Corp closed down -0.1 points or -0.88% at $11.21 with 23,980 shares getting traded on Friday. Post opening the session at $11.2, the shares hit an intraday low of $11.2 and an intraday high of $11.36 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Many Wall Street Analysts have commented on Gladstone Land Corp. Gladstone Land Corp was Downgraded by JMP Securities to ” Mkt Perform” on Aug 15, 2016.
Gladstone Land Corporation is an externally-managed agricultural Real Estate Investment Trust (REIT). The Company is engaged in the business of owning and leasing farmland. The Company is engaged in leasing its farms to independent farming operations and corporate farming operations. As of December 31 2014 the Company owns 8370 acres consisted of 33 farms 15 in California nine in Florida four in Michigan four in Oregon and one in Arizona. The Company also owns three cooling facilities and one box barn. These properties are leased to 30 separate and unrelated tenants that are either corporate or independent farmers. The Company’s business and real estate portfolio investments are managed by Gladstone Management Corporation.