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RASARA, an institutional investment management firm that invest on behalf of state, municipal, and corporate pension funds, is focused on investing in small- to mid-cap bank stocks that have a low price-to-earnings ratio. Hansen's price-to-earnings ratio topped out at roughly 60 to 1 in late May, but earlier this month it was still in the 50 to 1 range. But he warned a continued high price-to-earnings ratio on farmland could mean "the increase . |
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