Greystone Housing Impact Investors (NYSE:GHI) CEO Buys $21,840.00 in Stock

Greystone Housing Impact Investors LP (NYSE:GHI) CEO Kenneth Rogozinski purchased 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The shares were purchased at an average cost of $6.24 per share, for a total transaction of $21,840.00. Following the completion of the transaction, the chief executive officer owned 170,233 shares in the company, valued at approximately $1,062,253.92. This represents a 2.10% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Greystone Housing Impact Investors Stock Performance

Shares of GHI opened at $6.45 on Friday. The stock has a market capitalization of $151.96 million, a PE ratio of -26.87 and a beta of 0.68. The business’s fifty day moving average price is $5.83 and its 200 day moving average price is $5.82. The company has a debt-to-equity ratio of 3.80, a current ratio of 6.19 and a quick ratio of 6.19. Greystone Housing Impact Investors LP has a 12-month low of $4.71 and a 12-month high of $10.95.

Greystone Housing Impact Investors (NYSE:GHI) last released its earnings results on Monday, August 10th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.01). Greystone Housing Impact Investors had a negative net margin of 1.03% and a positive return on equity of 3.72%. The business had revenue of $21.19 million for the quarter, compared to the consensus estimate of $20.49 million.

Greystone Housing Impact Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date of this dividend was Tuesday, June 30th. Greystone Housing Impact Investors’s dividend payout ratio is currently -233.33%.

Hedge Funds Weigh In On Greystone Housing Impact Investors

Several institutional investors have recently modified their holdings of the company. Royal Bank of Canada increased its holdings in shares of Greystone Housing Impact Investors by 9.3% in the 1st quarter. Royal Bank of Canada now owns 166,134 shares of the company’s stock worth $2,048,000 after acquiring an additional 14,163 shares during the period. Jones Financial Companies Lllp boosted its stake in Greystone Housing Impact Investors by 14,338.9% during the 1st quarter. Jones Financial Companies Lllp now owns 32,632 shares of the company’s stock valued at $402,000 after purchasing an additional 32,406 shares during the period. EverSource Wealth Advisors LLC boosted its stake in Greystone Housing Impact Investors by 16.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 8,727 shares of the company’s stock valued at $99,000 after purchasing an additional 1,250 shares during the period. Equitable Holdings Inc. grew its position in Greystone Housing Impact Investors by 13.6% in the 3rd quarter. Equitable Holdings Inc. now owns 237,506 shares of the company’s stock worth $2,446,000 after purchasing an additional 28,411 shares during the last quarter. Finally, Advisory Services Network LLC bought a new position in Greystone Housing Impact Investors in the 3rd quarter worth about $69,000. Institutional investors own 9.01% of the company’s stock.

Analyst Ratings Changes

GHI has been the topic of a number of recent research reports. Weiss Ratings reissued a “sell (d)” rating on shares of Greystone Housing Impact Investors in a report on Tuesday, June 16th. Wall Street Zen raised Greystone Housing Impact Investors from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $9.50.

About Greystone Housing Impact Investors

Greystone Housing Impact Investors (NYSE:GHI) is a publicly traded real estate investment trust focused on financing and preserving affordable and sustainable rental housing in the United States. As the country’s first social‐impact REIT dedicated to housing, GHI aims to deliver stable, long‐term cash flows to its shareholders while supporting underserved communities through strategic capital deployment.

The company originates, underwrites and manages a diversified portfolio of first‐mortgage loans secured by multifamily residential properties, with an emphasis on workforce, affordable and mixed‐income developments.