Northern Trust Corp Boosts Stake in Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM)

Northern Trust Corp raised its holdings in shares of Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) by 38.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,185 shares of the company’s stock after buying an additional 6,414 shares during the quarter. Northern Trust Corp owned about 0.59% of Bluerock Homes Trust worth $308,000 as of its most recent filing with the Securities & Exchange Commission.

Bluerock Homes Trust Stock Performance

Shares of NYSEAMERICAN:BHM opened at $10.32 on Monday. Bluerock Homes Trust, Inc. has a 52-week low of $9.30 and a 52-week high of $19.01. The firm has a fifty day moving average of $10.45 and a 200 day moving average of $12.46. The firm has a market capitalization of $40.87 million, a PE ratio of -10.53 and a beta of 0.70.

Bluerock Homes Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Wednesday, December 24th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.84%. The ex-dividend date is Wednesday, December 24th. Bluerock Homes Trust’s payout ratio is currently -51.02%.

Bluerock Homes Trust Company Profile

Bluerock Homes Trust, Inc (the Company) was incorporated in Maryland on December 16, 2021. The Company owns and operates high-quality single-family properties located in attractive markets with a focus on the knowledge-economy and high-quality of life growth markets of the Sunbelt and Western United States.