Greystone Housing Impact Investors (NYSE:GHI) CEO Kenneth Rogozinski Buys 3,500 Shares of Stock

Greystone Housing Impact Investors LP (NYSE:GHI) CEO Kenneth Rogozinski acquired 3,500 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The stock was bought at an average price of $6.24 per share, for a total transaction of $21,840.00. Following the acquisition, the chief executive officer owned 170,233 shares of the company’s stock, valued at approximately $1,062,253.92. This trade represents a 2.10% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

Greystone Housing Impact Investors Trading Up 0.4%

NYSE GHI opened at $6.24 on Thursday. The firm has a market cap of $146.94 million, a PE ratio of -25.99 and a beta of 0.68. Greystone Housing Impact Investors LP has a 1-year low of $4.71 and a 1-year high of $10.95. The stock has a 50-day moving average of $5.80 and a 200-day moving average of $5.82. The company has a current ratio of 6.19, a quick ratio of 6.19 and a debt-to-equity ratio of 3.80.

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

Greystone Housing Impact Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were paid a $0.14 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.56 annualized dividend and a dividend yield of 9.0%. Greystone Housing Impact Investors’s dividend payout ratio (DPR) is presently -233.33%.

Hedge Funds Weigh In On Greystone Housing Impact Investors

A number of institutional investors have recently bought and sold shares of the stock. Abel Hall LLC bought a new stake in Greystone Housing Impact Investors during the 1st quarter valued at approximately $49,000. Advisory Services Network LLC bought a new position in shares of Greystone Housing Impact Investors in the 3rd quarter worth approximately $69,000. Corient Private Wealth LLC purchased a new position in shares of Greystone Housing Impact Investors in the 4th quarter valued at approximately $71,000. LPL Financial LLC purchased a new position in shares of Greystone Housing Impact Investors in the 4th quarter valued at approximately $76,000. Finally, ING Groep NV bought a new stake in shares of Greystone Housing Impact Investors during the fourth quarter valued at approximately $78,000. 9.01% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

Greystone Housing Impact Investors Company Profile

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.