America First Investment Advisors LLC Lowers Position in Greystone Housing Impact Investors LP (NYSE:GHI)

America First Investment Advisors LLC lessened its holdings in shares of Greystone Housing Impact Investors LP (NYSE:GHI) by 51.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 56,731 shares of the company’s stock after selling 59,807 shares during the period. Greystone Housing Impact Investors accounts for about 0.1% of America First Investment Advisors LLC’s investment portfolio, making the stock its 27th largest holding. America First Investment Advisors LLC’s holdings in Greystone Housing Impact Investors were worth $581,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of GHI. Raymond James Financial Inc. bought a new stake in Greystone Housing Impact Investors during the fourth quarter valued at approximately $3,240,000. Samalin Investment Counsel LLC raised its position in shares of Greystone Housing Impact Investors by 40.7% during the 4th quarter. Samalin Investment Counsel LLC now owns 61,826 shares of the company’s stock valued at $634,000 after buying an additional 17,881 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Greystone Housing Impact Investors during the 4th quarter worth $164,000. Commonwealth Equity Services LLC grew its position in Greystone Housing Impact Investors by 12.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 13,389 shares of the company’s stock worth $137,000 after acquiring an additional 1,527 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in Greystone Housing Impact Investors by 15.4% in the fourth quarter. EverSource Wealth Advisors LLC now owns 7,477 shares of the company’s stock valued at $77,000 after acquiring an additional 1,000 shares during the last quarter. Hedge funds and other institutional investors own 9.01% of the company’s stock.

Greystone Housing Impact Investors Stock Performance

Shares of GHI opened at $12.86 on Wednesday. Greystone Housing Impact Investors LP has a one year low of $10.12 and a one year high of $16.67. The company has a 50-day simple moving average of $12.48 and a two-hundred day simple moving average of $12.29. The company has a debt-to-equity ratio of 3.36, a current ratio of 10.78 and a quick ratio of 10.78. The firm has a market capitalization of $297.98 million, a PE ratio of 16.70 and a beta of 0.69.

Greystone Housing Impact Investors (NYSE:GHI) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.06. The company had revenue of $22.59 million for the quarter, compared to the consensus estimate of $26.02 million. Greystone Housing Impact Investors had a return on equity of 5.76% and a net margin of 22.35%. On average, analysts anticipate that Greystone Housing Impact Investors LP will post 1.9 EPS for the current fiscal year.

Greystone Housing Impact Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be issued a $0.37 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.48 annualized dividend and a yield of 11.51%. Greystone Housing Impact Investors’s payout ratio is 192.21%.

Analyst Ratings Changes

Separately, Raymond James reiterated an “outperform” rating and issued a $17.00 price objective (down from $17.50) on shares of Greystone Housing Impact Investors in a report on Tuesday, March 18th.

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.