Greystone Housing Impact Investors LP (NYSE:GHI) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lifted its holdings in Greystone Housing Impact Investors LP (NYSE:GHI) by 12.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 13,389 shares of the company’s stock after purchasing an additional 1,527 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Greystone Housing Impact Investors were worth $137,000 at the end of the most recent reporting period.

Separately, EverSource Wealth Advisors LLC boosted its position in shares of Greystone Housing Impact Investors by 15.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 7,477 shares of the company’s stock worth $77,000 after purchasing an additional 1,000 shares in the last quarter. 9.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Greystone Housing Impact Investors Stock Performance

GHI opened at $11.06 on Friday. Greystone Housing Impact Investors LP has a 1-year low of $10.12 and a 1-year high of $15.90. The stock has a market cap of $256.16 million, a P/E ratio of 14.36 and a beta of 0.52. The stock’s 50 day simple moving average is $12.45 and its 200 day simple moving average is $12.14. The company has a debt-to-equity ratio of 3.36, a current ratio of 10.78 and a quick ratio of 10.78.

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

Greystone Housing Impact Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 13.39%. The ex-dividend date is Monday, March 31st. Greystone Housing Impact Investors’s payout ratio is currently 192.21%.

Greystone Housing Impact Investors Company Profile

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.