Re: Farmland Partners Inc (FPI) peeled off 25% @ $11.85/share and put 50% of those proceeds into a few more FPI @ $4.37/share.
ROTH Reits basket (23% of ROTH account) includes: OHI 24%, UBA 15%, CTT 10%, STAG 10%, WSR 9.5%, FPI 8.9%, MPW 6.5%, BRG 5.9%, CIO 3.8%, LXP 2.5%, FSP 2.5%, MAC 1.4% ,
Move increases my Blended yield in the REIT basket, important in the ROTH account.
FPI getting close to stated BV but earnings and FCF not growing that fast (earnings est +3.5% growth) to support a higher dividend (yielding 1.75%). FWIW, if/when commodity prices increase, FPI earnings s/d keep up and grow at the inflation rate.
FSP selling 40% below BV and Debt/equity at 1.3x one of the lowest I have seen for REITs.
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