America First Multifamily Investors LP (NASDAQ:ATAX) Shares Purchased by Raymond James & Associates

Raymond James & Associates raised its position in shares of America First Multifamily Investors LP (NASDAQ:ATAX) by 3.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 412,792 shares of the financial services provider’s stock after buying an additional 14,655 shares during the quarter. Raymond James & Associates owned 0.68% of America First Multifamily Investors worth $2,836,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of ATAX. Wedbush Securities Inc. raised its position in shares of America First Multifamily Investors by 39.8% in the fourth quarter. Wedbush Securities Inc. now owns 14,767 shares of the financial services provider’s stock valued at $83,000 after buying an additional 4,207 shares during the last quarter. BB&T Securities LLC acquired a new position in shares of America First Multifamily Investors in the fourth quarter valued at approximately $68,000. LPL Financial LLC raised its position in shares of America First Multifamily Investors by 8.5% in the fourth quarter. LPL Financial LLC now owns 199,622 shares of the financial services provider’s stock valued at $1,122,000 after buying an additional 15,685 shares during the last quarter. Stratos Wealth Partners LTD. raised its position in shares of America First Multifamily Investors by 72.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 11,900 shares of the financial services provider’s stock valued at $67,000 after buying an additional 5,000 shares during the last quarter. Finally, Private Advisor Group LLC raised its position in shares of America First Multifamily Investors by 36.5% in the fourth quarter. Private Advisor Group LLC now owns 33,687 shares of the financial services provider’s stock valued at $189,000 after buying an additional 9,000 shares during the last quarter. 7.30% of the stock is owned by institutional investors and hedge funds.

America First Multifamily Investors stock traded down $0.04 during trading on Monday, reaching $7.08. The company had a trading volume of 86,800 shares, compared to its average volume of 140,911. America First Multifamily Investors LP has a 12-month low of $5.17 and a 12-month high of $7.43. The business’s 50 day moving average price is $7.10. The stock has a market capitalization of $430.21 million, a price-to-earnings ratio of 12.07 and a beta of 0.33. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.84.

America First Multifamily Investors (NASDAQ:ATAX) last released its earnings results on Friday, May 3rd. The financial services provider reported $0.08 earnings per share (EPS) for the quarter. America First Multifamily Investors had a net margin of 49.50% and a return on equity of 13.74%. The firm had revenue of $17.67 million during the quarter.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Friday, June 28th will be paid a dividend of $0.125 per share. The ex-dividend date is Thursday, June 27th. This represents a $0.50 annualized dividend and a yield of 7.06%.

Separately, BidaskClub downgraded shares of America First Multifamily Investors from a “buy” rating to a “hold” rating in a report on Thursday, March 14th. Two analysts have rated the stock with a sell rating and two have issued a hold rating to the company. America First Multifamily Investors presently has a consensus rating of “Hold”.

About America First Multifamily Investors

America First Multifamily Investors, L.P. acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds (MRBs) that are issued to provide construction or permanent financing for multifamily and student housing, and residential and commercial properties. It operates through four segments: Mortgage Revenue Bond Investments, MF Properties, Public housing Capital Fund Trust, and Other Investments.

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Institutional Ownership by Quarter for America First Multifamily Investors (NASDAQ:ATAX)

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