Samalin Investment Counsel LLC Has $634,000 Stock Position in Greystone Housing Impact Investors LP (NYSE:GHI)

Samalin Investment Counsel LLC grew its stake in Greystone Housing Impact Investors LP (NYSE:GHI) by 40.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 61,826 shares of the company’s stock after purchasing an additional 17,881 shares during the quarter. Samalin Investment Counsel LLC’s holdings in Greystone Housing Impact Investors were worth $634,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its stake in shares of Greystone Housing Impact Investors by 15.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 7,477 shares of the company’s stock valued at $77,000 after purchasing an additional 1,000 shares during the period. Commonwealth Equity Services LLC raised its stake in Greystone Housing Impact Investors by 12.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 13,389 shares of the company’s stock worth $137,000 after buying an additional 1,527 shares during the period. Virtu Financial LLC acquired a new stake in Greystone Housing Impact Investors during the 4th quarter worth $164,000. Finally, Raymond James Financial Inc. acquired a new stake in Greystone Housing Impact Investors during the 4th quarter worth $3,240,000. Institutional investors and hedge funds own 9.01% of the company’s stock.

Analyst Ratings Changes

Separately, Raymond James reaffirmed an “outperform” rating and set a $17.00 price objective (down previously from $17.50) on shares of Greystone Housing Impact Investors in a research note on Tuesday.

Greystone Housing Impact Investors Stock Performance

Shares of Greystone Housing Impact Investors stock opened at $12.93 on Friday. The company has a market capitalization of $299.49 million, a PE ratio of 16.79 and a beta of 0.69. Greystone Housing Impact Investors LP has a 12 month low of $10.12 and a 12 month high of $16.82. The company has a current ratio of 10.78, a quick ratio of 10.78 and a debt-to-equity ratio of 3.36. The stock’s fifty day simple moving average is $12.42 and its 200 day simple moving average is $12.31.

Greystone Housing Impact Investors (NYSE:GHI) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.06. Greystone Housing Impact Investors had a return on equity of 5.76% and a net margin of 22.35%. The firm had revenue of $22.59 million for the quarter, compared to the consensus estimate of $26.02 million. On average, research analysts predict that Greystone Housing Impact Investors LP will post 1.9 EPS for the current year.

Greystone Housing Impact Investors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 11.45%. The ex-dividend date is Monday, March 31st. Greystone Housing Impact Investors’s dividend payout ratio is 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.