Do Institutional Investors Love Farmer Brothers Co (NASDAQ:FARM)?

June 14, 2018 - By Migdalia James

Farmer Bros. Co. (NASDAQ:FARM) Logo

Sentiment for Farmer Brothers Co (NASDAQ:FARM)

Farmer Brothers Co (NASDAQ:FARM) institutional sentiment increased to 1.27 in Q1 2018. Its up 0.22, from 1.05 in 2017Q4. The ratio has increased, as 42 active investment managers increased and started new holdings, while 33 decreased and sold stock positions in Farmer Brothers Co. The active investment managers in our partner’s database now hold: 9.73 million shares, up from 9.35 million shares in 2017Q4. Also, the number of active investment managers holding Farmer Brothers Co in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 10 Reduced: 23 Increased: 31 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 $509.33 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 decreased 0.65% or $0.2 during the last trading session, reaching $30.35. About 39,900 shares traded. Farmer Bros. Co. (NASDAQ:FARM) has declined 8.64% since June 14, 2017 and is downtrending. It has underperformed by 21.21% the S&P500.

Analysts await Farmer Bros. Co. (NASDAQ:FARM) to report earnings on September, 27. They expect $0.09 earnings per share, down 52.63 % or $0.10 from last year’s $0.19 per share. FARM’s profit will be $1.51M for 84.31 P/E if the $0.09 EPS becomes a reality. After $-0.20 actual earnings per share reported by Farmer Bros. Co. for the previous quarter, Wall Street now forecasts -145.00 % EPS growth.

Trigran Investments Inc. holds 7.53% of its portfolio in Farmer Bros. Co. for 1.18 million shares. Perritt Capital Management Inc owns 127,741 shares or 0.91% of their US portfolio. Moreover, Punch & Associates Investment Management Inc. has 0.91% invested in the company for 341,061 shares. The California-based Granite Investment Partners Llc has invested 0.88% in the stock. Portolan Capital Management Llc, a Massachusetts-based fund reported 246,165 shares.

Since January 1, 0001, it had 1 insider buy, and 3 insider sales for $1.85 million activity.

More notable recent Farmer Bros. Co. (NASDAQ:FARM) news were published by: Globenewswire.com which released: “Investor Expectations to Drive Momentum within Jack Henry & Associates, The Providence Service, Farmer Brothers …” on May 24, 2018, also Benzinga.com with their article: “32 Stocks Moving In Thursday’s Mid-Day Session” published on May 17, 2018, Seekingalpha.com published: “Levin reports 8.4% stake in Farmer Brothers and may pursue discussions” on May 25, 2018. More interesting news about Farmer Bros. Co. (NASDAQ:FARM) were released by: Globenewswire.com and their article: “Farmer Brothers Releases 2017 Sustainability Report” published on June 07, 2018 as well as Nasdaq.com‘s news article titled: “Farmer Bros. Co. to Present at the 19th Annual B. Riley FBR Institutional Investor Conference” with publication date: May 22, 2018.

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