Jay Beckhorn, Gladstone Land (LAND)’s insider Bought 138 Shares; Rare Infrastructure LTD Boosted Its Genesee & Wyo (GWR) Position

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Rare Infrastructure Ltd increased Genesee & Wyo Inc (GWR) stake by 22.99% reported in 2017Q4 SEC filing. Rare Infrastructure Ltd acquired 180,260 shares as Genesee & Wyo Inc (GWR)’s stock declined 9.03%. The Rare Infrastructure Ltd holds 964,438 shares with $75.93M value, up from 784,178 last quarter. Genesee & Wyo Inc now has $4.70 billion valuation. The stock increased 0.25% or $0.19 during the last trading session, reaching $77.32. About 150,813 shares traded. Genesee & Wyoming Inc. (NYSE:GWR) has risen 8.57% since May 16, 2017 and is uptrending. It has underperformed by 2.98% the S&P500.

Investors sentiment decreased to 1.29 in 2017 Q4. Its down 1.71, from 3 in 2017Q3. It dived, as 2 investors sold Gladstone Land Corporation shares while 15 reduced holdings. 9 funds opened positions while 13 raised stakes. 3.62 million shares or 2.20% more from 3.54 million shares in 2017Q3 were reported. Strs Ohio has invested 0% in Gladstone Land Corporation (NASDAQ:LAND). Stelac Advisory Limited Liability Company stated it has 0.09% of its portfolio in Gladstone Land Corporation (NASDAQ:LAND). Moreover, Blackrock Incorporated has 0% invested in Gladstone Land Corporation (NASDAQ:LAND). Shufro Rose Ltd Liability reported 46,800 shares or 0.06% of all its holdings. 28,826 were reported by Goldman Sachs Gru Inc. Millennium Management Limited Liability Company, a New York-based fund reported 67,612 shares. Bard Associates Inc reported 0.86% of its portfolio in Gladstone Land Corporation (NASDAQ:LAND). Geode Capital Mgmt Limited Liability Company accumulated 80,282 shares or 0% of the stock. Schroder Investment Mgmt reported 3,535 shares stake. New York-based Horizon Kinetics Ltd has invested 0.04% in Gladstone Land Corporation (NASDAQ:LAND). Vanguard Group holds 0% or 452,500 shares. 7,871 are held by Sei Invs Company. Wells Fargo Co Mn holds 0% of its portfolio in Gladstone Land Corporation (NASDAQ:LAND) for 282,732 shares. Morgan Stanley has 0% invested in Gladstone Land Corporation (NASDAQ:LAND). Bahl And Gaynor holds 0% of its portfolio in Gladstone Land Corporation (NASDAQ:LAND) for 24,375 shares.

More recent Gladstone Land Corporation (NASDAQ:LAND) news were published by: Nasdaq.com which released: “Gladstone Land Corporation Earnings Call and Webcast Information” on May 07, 2018. Also Nasdaq.com published the news titled: “Gladstone Land Announces First Quarter 2018 Results” on May 08, 2018. Streetinsider.com‘s news article titled: “How a trade row may split the fortunes of two US farm companies” with publication date: May 06, 2018 was also an interesting one.

Analysts await Gladstone Land Corporation (NASDAQ:LAND) to report earnings on August, 14. They expect $0.13 EPS, down 7.14% or $0.01 from last year’s $0.14 per share. LAND’s profit will be $2.10M for 24.60 P/E if the $0.13 EPS becomes a reality. After $0.14 actual EPS reported by Gladstone Land Corporation for the previous quarter, Wall Street now forecasts -7.14% negative EPS growth.

Jay Beckhorn – a well-known insider in Gladstone Land Corp who is presently the Treasurer – purchased some 138 shares of Gladstone Land Corp, valued by the market at approximately U.S. Dollars 1,768 at average stock price per share of U.S. Dollars 12.8. Dated 15/05/2018, this giant acquisition by Jay Beckhorn was revealed in a public report submitted with the U.S. Security and Exchange Commission. It is on hand here. Jay Beckhorn now indirectly has ownership of 0 shares. He also directly has ownership of 588 shares. In total he holds a stake of 0.00%.

Since February 23, 2018, it had 2 buys, and 0 selling transactions for $72,993 activity. WILKINSON WALTER H bought $59,137 worth of stock or 4,700 shares. ADELGREN PAUL W also bought $13,856 worth of Gladstone Land Corporation (NASDAQ:LAND) on Friday, February 23.

Gladstone Land is a publicly-traded real estate investment trust that invests in farmland and farm-related properties located in major agricultural markets in the U.S., which it leases to farmers, and pays monthly distributions to its stockholders. The company has market cap of $207.03 million. The Firm reports the current fair value of its farmland on a quarterly basis; as of September 30, 2017, the estimated net asset value of the Company was $14.15 per share. It currently has negative earnings. Gladstone Land currently owns 73 farms, comprised of 63,074 acres in 9 different states across the U.S., valued at approximately $533 million.

The stock decreased 2.29% or $0.3 during the last trading session, reaching $12.79. About 31,334 shares traded. Gladstone Land Corporation (NASDAQ:LAND) has risen 10.34% since May 16, 2017 and is uptrending. It has underperformed by 1.21% the S&P500.

Among 5 analysts covering Gladstone Land (NASDAQ:LAND), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Gladstone Land has $15.0 highest and $10.50 lowest target. $13.50’s average target is 5.55% above currents $12.79 stock price. Gladstone Land had 10 analyst reports since August 10, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, December 8 by Ladenburg. The stock of Gladstone Land Corporation (NASDAQ:LAND) earned “Buy” rating by Maxim Group on Wednesday, August 9. The rating was downgraded by Hilliard Lyons on Wednesday, November 8 to “Neutral”. The stock has “Buy” rating by Ladenburg on Wednesday, June 28. As per Friday, November 10, the company rating was maintained by Maxim Group. Maxim Group maintained Gladstone Land Corporation (NASDAQ:LAND) on Monday, August 10 with “Buy” rating. The stock has “Buy” rating by Janney Capital on Thursday, December 3. JMP Securities downgraded the shares of LAND in report on Monday, August 15 to “Market Perform” rating. The firm earned “Buy” rating on Wednesday, February 21 by Maxim Group. The company was maintained on Wednesday, November 8 by Maxim Group.

Another recent and important Genesee & Wyoming Inc. (NYSE:GWR) news was published by Streetinsider.com which published an article titled: “Genesee & Wyoming (GWR) March Carloads Decline 3.7%” on April 17, 2018.

Since May 7, 2018, it had 0 insider buys, and 1 sale for $74,720 activity. $74,720 worth of stock was sold by Liucci Christopher F on Monday, May 7.

Among 14 analysts covering Genesee & Wyoming Inc. (NYSE:GWR), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. Genesee & Wyoming Inc. had 47 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Genesee & Wyoming Inc. (NYSE:GWR) has “Underperform” rating given on Friday, December 4 by Bank of America. RBC Capital Markets downgraded it to “Sector Perform” rating and $55.0 target in Thursday, January 7 report. RBC Capital Markets maintained Genesee & Wyoming Inc. (NYSE:GWR) on Thursday, July 6 with “Hold” rating. The stock of Genesee & Wyoming Inc. (NYSE:GWR) earned “Hold” rating by Goldman Sachs on Tuesday, April 10. The firm earned “Buy” rating on Friday, August 11 by Cowen & Co. The firm earned “Outperform” rating on Wednesday, November 2 by Cowen & Co. Bank of America upgraded the stock to “Buy” rating in Wednesday, April 19 report. On Friday, September 29 the stock rating was maintained by Cowen & Co with “Buy”. The rating was upgraded by Bank of America to “Neutral” on Monday, February 22. The firm has “Buy” rating given on Tuesday, September 12 by Cowen & Co.

Investors sentiment increased to 1.4 in 2017 Q4. Its up 0.33, from 1.07 in 2017Q3. It improved, as 28 investors sold GWR shares while 70 reduced holdings. 43 funds opened positions while 94 raised stakes. 57.56 million shares or 2.30% less from 58.92 million shares in 2017Q3 were reported. Federated Invsts Pa reported 24,626 shares or 0.01% of all its holdings. Pinebridge Investments LP has 1,817 shares for 0% of their portfolio. Guggenheim Capital Limited Company accumulated 112,997 shares. Comerica Bancshares invested in 0.06% or 117,481 shares. 11,517 were reported by Commonwealth Of Pennsylvania Pub School Empls Retrmt. Eagle Asset Mngmt Inc holds 0.06% or 128,518 shares. Retirement Of Alabama holds 0.03% in Genesee & Wyoming Inc. (NYSE:GWR) or 79,746 shares. Pillar Pacific Cap Management Ltd Liability Com invested in 0.04% or 3,925 shares. Wellington Mngmt Gru Limited Liability Partnership accumulated 0.1% or 5.58M shares. Winfield Associate holds 0% of its portfolio in Genesee & Wyoming Inc. (NYSE:GWR) for 30 shares. The California-based Fdx has invested 0.01% in Genesee & Wyoming Inc. (NYSE:GWR). 4,750 were reported by First Mercantile Tru. Arizona State Retirement Sys reported 0.03% in Genesee & Wyoming Inc. (NYSE:GWR). Penn Mngmt Communications owns 24,017 shares or 0.14% of their US portfolio. Massachusetts-based Fmr Limited Company has invested 0.06% in Genesee & Wyoming Inc. (NYSE:GWR).

Rare Infrastructure Ltd decreased Pg&E Corp (NYSE:PCG) stake by 450,086 shares to 1.14M valued at $50.95 million in 2017Q4. It also reduced Edison Intl (NYSE:EIX) stake by 585,427 shares and now owns 3,838 shares. Nextera Energy Inc (NYSE:NEE) was reduced too.

Genesee & Wyoming Inc. (NYSE:GWR) Institutional Positions Chart