America First Multifamily Investors, L.P. (NASDAQ:ATAX) Director George H. Krauss acquired 3,719 shares of the company’s stock in a transaction dated Friday, August 25th. The shares were acquired at an average price of $6.32 per share, for a total transaction of $23,504.08. Following the completion of the purchase, the director now owns 112,750 shares of the company’s stock, valued at approximately $712,580. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

America First Multifamily Investors, L.P. (NASDAQ:ATAX) opened at 6.10 on Tuesday. America First Multifamily Investors, L.P. has a 1-year low of $5.10 and a 1-year high of $6.25.

America First Multifamily Investors, L.P. (NASDAQ:ATAX) last released its quarterly earnings data on Monday, August 7th. The financial services provider reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.02. America First Multifamily Investors, L.P. had a net margin of 33.34% and a return on equity of 6.63%. The company had revenue of $16.23 million during the quarter, compared to analysts’ expectations of $16.76 million. On average, equities analysts predict that America First Multifamily Investors, L.P. will post $0.28 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Friday, June 30th were issued a $0.125 dividend. The ex-dividend date was Wednesday, June 28th. This represents a $0.50 dividend on an annualized basis and a yield of 8.20%. America First Multifamily Investors, L.P.’s payout ratio is 156.25%.

WARNING: This news story was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this news story on another publication, it was illegally copied and republished in violation of U.S. & international copyright and trademark law. The original version of this news story can be read at https://www.thecerbatgem.com/2017/08/29/america-first-multifamily-investors-l-p-atax-director-george-h-krauss-buys-3719-shares.html.

A number of research firms have recently issued reports on ATAX. Oppenheimer Holdings, Inc. set a $6.00 price objective on shares of America First Multifamily Investors, L.P. and gave the company a “buy” rating in a research note on Monday, August 7th. Zacks Investment Research upgraded shares of America First Multifamily Investors, L.P. from a “hold” rating to a “buy” rating and set a $6.75 price objective on the stock in a research note on Wednesday, August 9th. Finally, BidaskClub downgraded shares of America First Multifamily Investors, L.P. from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. boosted its position in America First Multifamily Investors, L.P. by 1.2% in the second quarter. Oppenheimer & Co. Inc. now owns 17,319 shares of the financial services provider’s stock worth $103,000 after buying an additional 208 shares during the last quarter. Private Advisor Group LLC bought a new stake in America First Multifamily Investors, L.P. during the first quarter worth approximately $115,000. NEXT Financial Group Inc boosted its stake in America First Multifamily Investors, L.P. by 618.7% in the second quarter. NEXT Financial Group Inc now owns 45,193 shares of the financial services provider’s stock worth $269,000 after buying an additional 38,905 shares in the last quarter. Girard Partners LTD. bought a new stake in America First Multifamily Investors, L.P. during the second quarter worth approximately $351,000. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in America First Multifamily Investors, L.P. by 21.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 66,385 shares of the financial services provider’s stock worth $372,000 after buying an additional 11,909 shares in the last quarter. 6.71% of the stock is owned by institutional investors.

America First Multifamily Investors, L.P. Company Profile

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.

Receive News & Stock Ratings for America First Multifamily Investors L.P. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for America First Multifamily Investors L.P. and related stocks with our FREE daily email newsletter.