America First Multifamily Investors LP (NASDAQ:ATAX) – Analysts at Oppenheimer Holdings lowered their Q4 2016 EPS estimates for America First Multifamily Investors in a note issued to investors on Monday. Oppenheimer Holdings analyst B. Chittenden now anticipates that the firm will post earnings per share of $0.06 for the quarter, down from their prior estimate of $0.09. Oppenheimer Holdings currently has a “Buy” rating and a $6.00 target price on the stock. Oppenheimer Holdings also issued estimates for America First Multifamily Investors’ FY2017 earnings at $0.30 EPS.

America First Multifamily Investors (NASDAQ:ATAX) last announced its quarterly earnings data on Monday, November 7th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by $0.02. America First Multifamily Investors had a net margin of 50.35% and a return on equity of 8.45%.

ATAX has been the topic of several other research reports. Zacks Investment Research upgraded America First Multifamily Investors from a “hold” rating to a “buy” rating and set a $6.50 price objective on the stock in a report on Tuesday, October 18th. TheStreet upgraded America First Multifamily Investors from a “hold” rating to a “buy” rating in a report on Thursday, August 11th.

America First Multifamily Investors (NASDAQ:ATAX) opened at 5.75 on Wednesday. The stock has a 50 day moving average of $0.00 and a 200 day moving average of $0.00.

The business also recently declared a quarterly dividend, which was paid on Monday, October 31st. Shareholders of record on Friday, September 30th were issued a dividend of $0.125 per share. The ex-dividend date was Wednesday, September 28th. This represents a $0.50 annualized dividend and a yield of 8.70%. America First Multifamily Investors’s dividend payout ratio (DPR) is 125.00%.

Large investors have recently modified their holdings of the company. Acadian Asset Management LLC bought a new stake in shares of America First Multifamily Investors during the third quarter valued at $918,000. UBS Group AG increased its stake in shares of America First Multifamily Investors by 21.0% in the first quarter. UBS Group AG now owns 435,657 shares of the company’s stock valued at $2,287,000 after buying an additional 75,482 shares during the period. Creative Planning increased its stake in shares of America First Multifamily Investors by 253.2% in the third quarter. Creative Planning now owns 81,114 shares of the company’s stock valued at $479,000 after buying an additional 58,150 shares during the period. JPMorgan Chase & Co. increased its stake in shares of America First Multifamily Investors by 135.9% in the second quarter. JPMorgan Chase & Co. now owns 71,022 shares of the company’s stock valued at $390,000 after buying an additional 40,921 shares during the period. Finally, America First Investment Advisors LLC increased its stake in shares of America First Multifamily Investors by 5.1% in the third quarter. America First Investment Advisors LLC now owns 512,523 shares of the company’s stock valued at $3,024,000 after buying an additional 24,647 shares during the period. Institutional investors own 8.28% of the company’s stock.

About America First Multifamily Investors

America First Multifamily Investors, L.P. is engaged in acquiring, holding, selling and dealing with a portfolio of mortgage revenue bonds, which have been issued to provide construction and/or permanent financing for multifamily and student housing (collectively Residential Properties) and commercial properties.

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