Jump Financial LLC Takes Position in Greystone Housing Impact Investors LP (NYSE:GHI)

Jump Financial LLC purchased a new position in Greystone Housing Impact Investors LP (NYSE:GHI) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 14,792 shares of the company’s stock, valued at approximately $152,000. Jump Financial LLC owned 0.06% of Greystone Housing Impact Investors as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GHI. EverSource Wealth Advisors LLC lifted its position in Greystone Housing Impact Investors by 15.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 7,477 shares of the company’s stock valued at $77,000 after buying an additional 1,000 shares during the period. Commonwealth Equity Services LLC lifted its position in Greystone Housing Impact Investors by 12.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 13,389 shares of the company’s stock valued at $137,000 after buying an additional 1,527 shares during the period. Virtu Financial LLC purchased a new position in Greystone Housing Impact Investors during the fourth quarter valued at $164,000. Bullseye Investment Management LLC purchased a new position in Greystone Housing Impact Investors during the fourth quarter valued at $628,000. Finally, Samalin Investment Counsel LLC lifted its position in Greystone Housing Impact Investors by 40.7% during the fourth 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 during the period. Hedge funds and other institutional investors own 9.01% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on GHI shares. JMP Securities lowered their price objective on Greystone Housing Impact Investors from $17.50 to $16.00 and set a “market outperform” rating for the company in a research report on Tuesday, April 22nd. Raymond James restated an “outperform” rating and set a $17.00 price target (down from $17.50) on shares of Greystone Housing Impact Investors in a report on Tuesday, March 18th.

Greystone Housing Impact Investors Price Performance

NYSE GHI opened at $11.42 on Tuesday. Greystone Housing Impact Investors LP has a one year low of $10.12 and a one year high of $15.90. The stock has a 50-day moving average of $12.14 and a 200 day moving average of $11.94. The company has a market capitalization of $264.59 million, a price-to-earnings ratio of 14.83 and a beta of 0.52. The company has a debt-to-equity ratio of 3.36, a quick ratio of 10.78 and a current ratio of 10.78.

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

Greystone Housing Impact Investors Dividend Announcement

The company 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 $0.37 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.48 annualized dividend and a yield of 12.96%. Greystone Housing Impact Investors’s payout ratio is 192.21%.

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.