America First Multifamily Investors LP (NASDAQ:ATAX) Director Patrick J. Jung acquired 2,500 shares of the stock in a transaction that occurred on Monday, September 19th. The stock was purchased at an average price of $5.97 per share, for a total transaction of $14,925.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of America First Multifamily Investors LP (NASDAQ:ATAX) opened at 6.04 on Wednesday. The firm’s 50 day moving average is $5.81 and its 200 day moving average is $5.51. The stock has a market capitalization of $363.92 million, a price-to-earnings ratio of 16.73 and a beta of 0.53. America First Multifamily Investors LP has a 12 month low of $4.27 and a 12 month high of $6.11.

America First Multifamily Investors (NASDAQ:ATAX) last posted its quarterly earnings results on Friday, August 5th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.07. America First Multifamily Investors had a return on equity of 8.12% and a net margin of 46.56%. On average, equities analysts predict that America First Multifamily Investors LP will post $0.48 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, October 31st. Investors of record on Friday, September 30th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 8.28%. The ex-dividend date of this dividend is Wednesday, September 28th. America First Multifamily Investors’s dividend payout ratio is currently 135.14%.

A number of research firms recently weighed in on ATAX. TheStreet upgraded shares of America First Multifamily Investors from a “hold” rating to a “buy” rating in a research report on Thursday, August 11th. Oppenheimer Holdings Inc. set a $6.00 price objective on shares of America First Multifamily Investors and gave the company a “buy” rating in a research report on Wednesday, August 10th. Finally, Zacks Investment Research upgraded shares of America First Multifamily Investors from a “sell” rating to a “hold” rating in a research report on Monday, July 11th.

Several large investors have recently bought and sold shares of ATAX. First Allied Advisory Services Inc. raised its stake in America First Multifamily Investors by 13.9% in the second quarter. First Allied Advisory Services Inc. now owns 156,837 shares of the company’s stock valued at $860,000 after buying an additional 19,172 shares in the last quarter. Citigroup Inc. raised its stake in America First Multifamily Investors by 0.4% in the second quarter. Citigroup Inc. now owns 32,636 shares of the company’s stock valued at $179,000 after buying an additional 123 shares in the last quarter. TFS Capital LLC purchased a new stake in America First Multifamily Investors during the second quarter valued at about $102,000. Janney Montgomery Scott LLC raised its stake in America First Multifamily Investors by 75.0% in the second quarter. Janney Montgomery Scott LLC now owns 21,000 shares of the company’s stock valued at $106,000 after buying an additional 9,000 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in America First Multifamily Investors by 135.9% in the second quarter. JPMorgan Chase & Co. now owns 71,022 shares of the company’s stock valued at $390,000 after buying an additional 40,921 shares in the last quarter. 7.96% of the stock is currently owned by institutional investors and hedge funds.

America First Multifamily Investors Company Profile

America First Multifamily Investors, L.P. is engaged in acquiring, holding, selling and dealing with a portfolio of mortgage revenue bonds, which have been issued to provide construction and/or permanent financing for multifamily and student housing (collectively Residential Properties) and commercial properties.

5 Day Chart for NASDAQ:ATAX

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