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

Greystone Housing Impact Investors LP (NYSE:GHI) CEO Kenneth Rogozinski acquired 3,500 shares of Greystone Housing Impact Investors stock in a transaction on Tuesday, September 1st. The shares were bought at an average cost of $6.24 per share, with a total value of $21,840.00. Following the completion of the transaction, 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 ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Greystone Housing Impact Investors Stock Performance

Shares of NYSE:GHI traded up $0.03 on Wednesday, hitting $6.24. The company had a trading volume of 10,260 shares, compared to its average volume of 91,712. The stock has a market cap of $146.94 million, a price-to-earnings ratio of -25.99 and a beta of 0.68. The stock has a 50 day moving average price of $5.79 and a 200 day moving average price of $5.83. Greystone Housing Impact Investors LP has a 1-year low of $4.71 and a 1-year high of $10.95. 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 earnings results on Monday, August 10th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01). The company had revenue of $21.19 million for the quarter, compared to analyst estimates 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 Announces Dividend

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

Analysts Set New Price Targets

GHI has been the topic of several research 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 raised Greystone Housing Impact Investors from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Greystone Housing Impact Investors presently has a consensus rating of “Hold” and a consensus target price of $9.50.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC acquired a new stake in shares of Greystone Housing Impact Investors in the third quarter valued at approximately $69,000. EverSource Wealth Advisors LLC grew its position in Greystone Housing Impact Investors by 16.7% during the second quarter. EverSource Wealth Advisors LLC now owns 8,727 shares of the company’s stock worth $99,000 after buying an additional 1,250 shares in the last quarter. Abel Hall LLC bought a new position in Greystone Housing Impact Investors during the 1st quarter worth $49,000. Corient Private Wealth LLC bought a new position in Greystone Housing Impact Investors during the 4th quarter worth $71,000. Finally, LPL Financial LLC acquired a new position in Greystone Housing Impact Investors in the 4th quarter valued at $76,000. 9.01% of the stock is owned by institutional investors.

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.