Ramin Kamfar Buys 22,727 Shares of Bluerock Homes Trust (NYSEAMERICAN:BHM) Stock

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) CEO Ramin Kamfar acquired 22,727 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were purchased at an average price of $10.97 per share, with a total value of $249,315.19. Following the completion of the purchase, the chief executive officer owned 50,446 shares in the company, valued at $553,392.62. This represents a 81.99% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

Ramin Kamfar also recently made the following trade(s):

• On Thursday, March 19th, Ramin Kamfar bought 3,071 shares of Bluerock Homes Trust stock. The shares were purchased at an average cost of $10.68 per share, with a total value of $32,798.28.
• On Tuesday, March 3rd, Ramin Kamfar bought 25,000 shares of Bluerock Homes Trust stock. The stock was purchased at an average price of $11.65 per share, for a total transaction of $291,250.00.

Bluerock Homes Trust Price Performance

Shares of NYSEAMERICAN:BHM opened at $11.09 on Friday. The business’s 50 day moving average price is $10.01 and its 200-day moving average price is $10.26. The firm has a market capitalization of $45.03 million, a PE ratio of -3.67 and a beta of 0.58. Bluerock Homes Trust, Inc. has a 1 year low of $8.05 and a 1 year high of $14.81.

Bluerock Homes Trust declared that its Board of Directors has authorized a share repurchase plan on Tuesday, February 17th that permits the company to repurchase $10.00 million in outstanding shares. This repurchase authorization permits the company to reacquire up to 27.5% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

Bluerock Homes Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Wednesday, March 25th will be issued a $0.125 dividend. The ex-dividend date is Wednesday, March 25th. This represents a $0.50 dividend on an annualized basis and a yield of 4.5%. Bluerock Homes Trust’s dividend payout ratio (DPR) is presently -51.02%.

Institutional Investors Weigh In On Bluerock Homes Trust

Large investors have recently modified their holdings of the business. Arkadios Wealth Advisors lifted its stake in shares of Bluerock Homes Trust by 26.4% in the third quarter. Arkadios Wealth Advisors now owns 113,676 shares of the company’s stock worth $1,362,000 after buying an additional 23,772 shares in the last quarter. Millennium Management LLC grew its stake in Bluerock Homes Trust by 17.3% during the 4th quarter. Millennium Management LLC now owns 78,142 shares of the company’s stock valued at $834,000 after acquiring an additional 11,523 shares in the last quarter. Geode Capital Management LLC raised its holdings in Bluerock Homes Trust by 4.9% in the 4th quarter. Geode Capital Management LLC now owns 38,768 shares of the company’s stock valued at $414,000 after acquiring an additional 1,817 shares during the last quarter. Dearborn Partners LLC acquired a new stake in Bluerock Homes Trust in the 4th quarter valued at about $150,000. Finally, Kestra Advisory Services LLC purchased a new position in Bluerock Homes Trust in the 4th quarter worth approximately $35,000. Hedge funds and other institutional investors own 56.06% of the company’s stock.

About Bluerock Homes Trust

Bluerock Homes Trust is a real estate investment trust (REIT) that specializes in the acquisition, ownership and management of factory-built residential housing. The company’s portfolio primarily consists of single-family and modular homes that are installed on leased land or held for rental and sale. By focusing on factory-built housing, Bluerock aims to deliver an affordable, high-quality alternative to conventional home construction and to generate stable rental income through long-term lease agreements.

The company’s core activities include sourcing newly manufactured homes directly from builders, overseeing their delivery and installation, and managing ongoing property operations.