Rockefeller Capital Management L.P. Decreases Stock Holdings in Greystone Housing Impact Investors LP (NYSE:GHI)

Rockefeller Capital Management L.P. trimmed its position in shares of Greystone Housing Impact Investors LP (NYSE:GHI) by 4.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 23,720 shares of the company’s stock after selling 1,079 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Greystone Housing Impact Investors were worth $243,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of GHI. Raymond James Financial Inc. purchased a new position in Greystone Housing Impact Investors during the 4th quarter valued at about $3,240,000. Bullseye Investment Management LLC purchased a new position in shares of Greystone Housing Impact Investors during the fourth quarter valued at approximately $628,000. Samalin Investment Counsel LLC raised its holdings in shares of 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 acquiring an additional 17,881 shares in the last quarter. Virtu Financial LLC purchased a new stake in Greystone Housing Impact Investors in the fourth quarter worth $164,000. Finally, Commonwealth Equity Services LLC boosted its holdings in Greystone Housing Impact Investors by 12.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 13,389 shares of the company’s stock valued at $137,000 after acquiring an additional 1,527 shares in the last quarter. 9.01% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. JMP Securities dropped their target price on shares of 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. Raymond James restated an “outperform” rating and issued a $17.00 price objective (down from $17.50) on shares of Greystone Housing Impact Investors in a report on Tuesday, March 18th.

Greystone Housing Impact Investors Stock Performance

Shares of GHI stock opened at $11.61 on Friday. The company’s fifty day moving average price is $12.20 and its 200-day moving average price is $12.00. The stock has a market cap of $269.02 million, a PE ratio of 15.08 and a beta of 0.52. The company has a current ratio of 10.78, a quick ratio of 10.78 and a debt-to-equity ratio of 3.36. Greystone Housing Impact Investors LP has a 12 month low of $10.12 and a 12 month high of $15.90.

Greystone Housing Impact Investors (NYSE:GHI) last posted 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 net margin of 22.35% and a return on equity of 5.76%. The business had revenue of $22.59 million for the quarter, compared to analyst estimates of $26.02 million. On average, equities analysts expect that Greystone Housing Impact Investors LP will post 1.9 EPS for the current fiscal year.

Greystone Housing Impact Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be paid a $0.37 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.48 annualized dividend and a dividend yield of 12.75%. Greystone Housing Impact Investors’s payout ratio is currently 192.21%.

Greystone Housing Impact Investors Profile

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.