Bluerock Homes Trust, Inc. Plans Quarterly Dividend of $0.12 (NYSEAMERICAN:BHM)

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) announced a quarterly dividend on Friday, June 12th. Stockholders of record on Thursday, June 25th will be paid a dividend of 0.125 per share on Thursday, July 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend is Thursday, June 25th.

Bluerock Homes Trust Trading Up 4.5%

Shares of NYSEAMERICAN BHM opened at $9.49 on Tuesday. Bluerock Homes Trust has a 12 month low of $8.05 and a 12 month high of $14.81. The firm has a market capitalization of $39.00 million, a price-to-earnings ratio of -3.14 and a beta of 0.19. The business has a 50-day moving average of $10.51 and a 200-day moving average of $10.28.

Bluerock Homes Trust (NYSEAMERICAN:BHM) last announced its earnings results on Thursday, May 7th. The company reported ($0.90) earnings per share for the quarter. Bluerock Homes Trust had a negative net margin of 21.39% and a negative return on equity of 4.96%. The company had revenue of $19.70 million during the quarter.

Institutional Investors Weigh In On Bluerock Homes Trust

A number of large investors have recently added to or reduced their stakes in the company. Millennium Management LLC lifted its stake in Bluerock Homes Trust by 17.3% during the fourth quarter. Millennium Management LLC now owns 78,142 shares of the company’s stock worth $834,000 after purchasing an additional 11,523 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Bluerock Homes Trust by 4.9% during the 4th quarter. Geode Capital Management LLC now owns 38,768 shares of the company’s stock valued at $414,000 after buying an additional 1,817 shares in the last quarter. Dearborn Partners LLC purchased a new position in shares of Bluerock Homes Trust during the 4th quarter valued at about $150,000. Finally, Kestra Advisory Services LLC bought a new stake in Bluerock Homes Trust in the 4th quarter worth approximately $35,000. Hedge funds and other institutional investors own 56.06% of the company’s stock.

About Bluerock Homes Trust

Bluerock Homes Trust is a real estate investment trust (REIT) that specializes in the acquisition, ownership and management of factory-built residential housing. The company’s portfolio primarily consists of single-family and modular homes that are installed on leased land or held for rental and sale. By focusing on factory-built housing, Bluerock aims to deliver an affordable, high-quality alternative to conventional home construction and to generate stable rental income through long-term lease agreements.

The company’s core activities include sourcing newly manufactured homes directly from builders, overseeing their delivery and installation, and managing ongoing property operations.