Anti-Farmer Brothers Co Institutional Investors Sentiment Runs Low in 2019 Q1

Farmer Bros. Co. (NASDAQ:FARM) Logo

Sentiment for Farmer Brothers Co (NASDAQ:FARM)

Farmer Brothers Co (NASDAQ:FARM) institutional sentiment decreased to 1.56 in 2019 Q1. Its down -0.09, from 1.65 in 2018Q4. The ratio is negative, as 39 investment managers increased or started new equity positions, while 25 sold and decreased their stock positions in Farmer Brothers Co. The investment managers in our partner’s database now possess: 8.70 million shares, down from 9.39 million shares in 2018Q4. Also, the number of investment managers holding Farmer Brothers Co in their top 10 equity positions was flat from 1 to 1 for the same number . Sold All: 7 Reduced: 18 Increased: 28 New Position: 11.

Farmer Bros. Co. engages in the manufacture, wholesale, and distribution of coffee, tea, and culinary products in the United States. The company has market cap of $290.53 million. The firm offers roast and ground coffee; frozen liquid coffee; flavored and unflavored iced and hot teas; culinary products, including gelatins and puddings, soup bases, dressings, gravy and sauce mixes, pancake and biscuit mixes, jellies and preserves, and coffee-related products, such as coffee filters, sugar, and creamers; spices; and other beverages comprising cappuccino, cocoa, granitas, and ready-to-drink iced coffee. It currently has negative earnings. It sells its products under the Farmer Brothers, Artisan Collection by Farmer Brothers, Superior, Metropolitan, China Mist, Direct Trade, Fair Trade Certified, Rainforest Alliance Certified, Un Momento, Collaborative Coffee, Cain's, and McGarvey brand names, as well as under various private labels.

The stock increased 0.06% or $0.01 during the last trading session, reaching $17.05. About 131,406 shares traded. Farmer Bros. Co. (NASDAQ:FARM) has declined 22.42% since July 14, 2018 and is downtrending. It has underperformed by 26.85% the S&P500.

Analysts await Farmer Bros. Co. (NASDAQ:FARM) to report earnings on September, 10. They expect $-0.15 EPS, down 207.14 % or $0.29 from last year’s $0.14 per share. After $-0.27 actual EPS reported by Farmer Bros. Co. for the previous quarter, Wall Street now forecasts -44.44 % EPS growth.

Trigran Investments Inc. holds 6% of its portfolio in Farmer Bros. Co. for 1.75 million shares. Perritt Capital Management Inc owns 125,941 shares or 0.94% of their US portfolio. Moreover, Punch & Associates Investment Management Inc. has 0.62% invested in the company for 363,262 shares. The California-based Granite Investment Partners Llc has invested 0.58% in the stock. Teton Advisors Inc., a New York-based fund reported 292,034 shares.

Since January 1, 0001, it had 4 insider purchases, and 0 insider sales for $2.63 million activity.

More notable recent Farmer Bros. Co. (NASDAQ:FARM) news were published by: Nasdaq.com which released: “Brazil’s JBS buying cattle from deforested Amazon land – Nasdaq” on July 02, 2019, also Nasdaq.com with their article: “Forex: This is the #1 Event Risk This Week – Nasdaq” published on July 08, 2019, Nasdaq.com published: “Stocks rise on trade hopes, but off from earlier high – Nasdaq” on July 01, 2019. More interesting news about Farmer Bros. Co. (NASDAQ:FARM) were released by: Nasdaq.com and their article: “Canadian Solar’s EPC Solar Project in Vietnam Comes Online – Nasdaq” published on July 12, 2019 as well as Nasdaq.com‘s news article titled: “Veritas Farms Announces 2019 Outdoor Planting Season Improvements and Anticipated 5x Hemp Flower Production Increase – Nasdaq” with publication date: June 27, 2019.

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