3,238 Shares in Greystone Housing Impact Investors LP $GHI Acquired by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC purchased a new position in shares of Greystone Housing Impact Investors LP (NYSE:GHI) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,238 shares of the company’s stock, valued at approximately $37,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. increased its position in Greystone Housing Impact Investors by 7.8% during the first quarter. Raymond James Financial Inc. now owns 340,762 shares of the company’s stock worth $4,202,000 after purchasing an additional 24,707 shares during the last quarter. Bluefin Capital Management LLC acquired a new position in Greystone Housing Impact Investors during the first quarter worth approximately $1,272,000. Freestone Capital Holdings LLC increased its position in Greystone Housing Impact Investors by 61.8% during the first quarter. Freestone Capital Holdings LLC now owns 40,927 shares of the company’s stock worth $505,000 after purchasing an additional 15,630 shares during the last quarter. Jones Financial Companies Lllp grew its stake in Greystone Housing Impact Investors by 14,338.9% during the first quarter. Jones Financial Companies Lllp now owns 32,632 shares of the company’s stock worth $402,000 after buying an additional 32,406 shares during the period. Finally, Royal Bank of Canada grew its stake in Greystone Housing Impact Investors by 9.3% during the first quarter. Royal Bank of Canada now owns 166,134 shares of the company’s stock worth $2,048,000 after buying an additional 14,163 shares during the period. Institutional investors and hedge funds own 9.01% of the company’s stock.

Greystone Housing Impact Investors Trading Down 0.8%

NYSE GHI opened at $9.88 on Wednesday. Greystone Housing Impact Investors LP has a 12 month low of $9.86 and a 12 month high of $13.64. The company has a debt-to-equity ratio of 3.85, a current ratio of 7.93 and a quick ratio of 7.93. The company has a market capitalization of $232.97 million, a price-to-earnings ratio of -123.48 and a beta of 0.57. The company’s fifty day moving average price is $10.57 and its two-hundred day moving average price is $11.24.

Greystone Housing Impact Investors (NYSE:GHI) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.08. Greystone Housing Impact Investors had a net margin of 0.98% and a return on equity of 5.63%. The firm had revenue of $23.59 million for the quarter, compared to the consensus estimate of $25.65 million. As a group, research analysts predict that Greystone Housing Impact Investors LP will post 1.9 earnings per share for the current fiscal year.

Greystone Housing Impact Investors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 12.1%. The ex-dividend date of this dividend is Tuesday, September 30th. Greystone Housing Impact Investors’s dividend payout ratio is -1,500.00%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on GHI. Jones Trading decreased their price objective on shares of Greystone Housing Impact Investors from $13.50 to $11.00 and set a “buy” rating for the company in a research note on Monday, August 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Greystone Housing Impact Investors in a research note on Wednesday, October 8th. Finally, JMP Securities decreased their price objective on shares of Greystone Housing Impact Investors from $16.00 to $14.00 and set a “market outperform” rating for the company in a research note on Friday, August 8th. Three equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, Greystone Housing Impact Investors presently has an average rating of “Moderate Buy” and an average target price of $14.00.

About Greystone Housing Impact Investors

Greystone Housing Impact Investors LP acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds (MRBs) that are issued to provide construction and/or permanent financing for multifamily, student, and senior citizen housing; skilled nursing properties; and commercial properties in the United States.