Girard Partners LTD. purchased a new position in shares of America First Multifamily Investors, L.P. (NASDAQ:ATAX) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 59,062 shares of the financial services provider’s stock, valued at approximately $351,000. Girard Partners LTD. owned 0.10% of America First Multifamily Investors, L.P. at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James Financial Services Advisors Inc. raised its position in shares of America First Multifamily Investors, L.P. by 11.5% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 307,031 shares of the financial services provider’s stock worth $1,719,000 after buying an additional 31,667 shares during the period. Wells Fargo & Company MN raised its position in shares of America First Multifamily Investors, L.P. by 12.3% in the first quarter. Wells Fargo & Company MN now owns 194,230 shares of the financial services provider’s stock worth $1,088,000 after buying an additional 21,199 shares during the period. Creative Planning raised its position in shares of America First Multifamily Investors, L.P. by 7.5% in the second quarter. Creative Planning now owns 121,950 shares of the financial services provider’s stock worth $726,000 after buying an additional 8,471 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in shares of America First Multifamily Investors, L.P. by 0.4% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 66,650 shares of the financial services provider’s stock worth $397,000 after buying an additional 265 shares during the period. Finally, NEXT Financial Group Inc raised its position in shares of 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 during the period. 6.71% of the stock is currently owned by institutional investors.

America First Multifamily Investors, L.P. (NASDAQ:ATAX) opened at 6.10 on Tuesday. America First Multifamily Investors, L.P. has a 12-month low of $5.10 and a 12-month high of $6.25.

America First Multifamily Investors, L.P. (NASDAQ:ATAX) last announced its earnings results on Monday, August 7th. The financial services provider reported $0.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.02. The firm had revenue of $16.23 million for the quarter, compared to the consensus estimate of $16.76 million. America First Multifamily Investors, L.P. had a return on equity of 6.63% and a net margin of 33.34%. Equities analysts anticipate that America First Multifamily Investors, L.P. will post $0.28 EPS for the current fiscal year.

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

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ATAX has been the topic of a number of research analyst reports. Zacks Investment Research raised America First Multifamily Investors, L.P. from a “hold” rating to a “buy” rating and set a $6.75 target price on the stock in a report on Wednesday, August 9th. BidaskClub lowered America First Multifamily Investors, L.P. from a “buy” rating to a “hold” rating in a report on Thursday, July 13th. TheStreet lowered America First Multifamily Investors, L.P. from a “b-” rating to a “c+” rating in a report on Friday. Finally, Oppenheimer Holdings, Inc. set a $6.00 target price on America First Multifamily Investors, L.P. and gave the stock a “buy” rating in a report on Monday, August 7th.

In related news, CEO Chad L. Daffer bought 20,000 shares of the business’s stock in a transaction on Friday, August 18th. The shares were purchased at an average cost of $6.17 per share, with a total value of $123,400.00. Following the acquisition, the chief executive officer now owns 232,168 shares of the company’s stock, valued at $1,432,476.56. The purchase was disclosed in a filing with the SEC, which is available through this link. Insiders have acquired a total of 24,019 shares of company stock worth $148,719 over the last ninety days. Company insiders own 1.30% of the company’s stock.

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.

Institutional Ownership by Quarter for America First Multifamily Investors, L.P. (NASDAQ:ATAX)

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