Girard Partners LTD. reduced its stake in shares of America First Multifamily Investors, L.P. (NASDAQ:ATAX) by 41.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 34,462 shares of the financial services provider’s stock after selling 24,600 shares during the period. Girard Partners LTD. owned approximately 0.06% of America First Multifamily Investors, L.P. worth $208,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in ATAX. Creative Planning raised its holdings 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 valued at $726,000 after purchasing an additional 8,471 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of America First Multifamily Investors, L.P. by 4.2% in the second quarter. Wells Fargo & Company MN now owns 202,431 shares of the financial services provider’s stock valued at $1,205,000 after purchasing an additional 8,201 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of America First Multifamily Investors, L.P. by 1.6% in the second quarter. Royal Bank of Canada now owns 319,303 shares of the financial services provider’s stock valued at $1,900,000 after purchasing an additional 5,000 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings 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 valued at $397,000 after purchasing an additional 265 shares during the last quarter. Finally, Oppenheimer & Co. Inc. raised its holdings in shares of 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 valued at $103,000 after purchasing an additional 208 shares during the last quarter. Hedge funds and other institutional investors own 6.39% of the company’s stock.

A number of analysts have recently issued reports on ATAX shares. 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 report on Wednesday, August 9th. TheStreet downgraded shares of America First Multifamily Investors, L.P. from a “b-” rating to a “c+” rating in a report on Friday, August 25th. 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 report on Monday, August 7th. Finally, UBS AG cut shares of America First Multifamily Investors, L.P. to a “market perform” rating in a research note on Friday, September 1st. One analyst has rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $6.38.

America First Multifamily Investors, L.P. (NASDAQ ATAX) traded up $0.05 during trading hours on Tuesday, hitting $6.05. 105,000 shares of the company traded hands, compared to its average volume of 104,000. America First Multifamily Investors, L.P. has a twelve month low of $5.10 and a twelve month high of $6.25. The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 2.18. The company has a market capitalization of $363.93, a PE ratio of 20.00 and a beta of 0.42.

America First Multifamily Investors, L.P. (NASDAQ:ATAX) last released its earnings results on Monday, November 6th. The financial services provider reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.01). America First Multifamily Investors, L.P. had a net margin of 30.73% and a return on equity of 6.69%. The firm had revenue of $16.24 million during the quarter, compared to the consensus estimate of $17.04 million. research analysts predict that America First Multifamily Investors, L.P. will post 0.28 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Investors of record on Friday, September 29th were paid a $0.125 dividend. The ex-dividend date was Thursday, September 28th. This represents a $0.50 annualized dividend and a dividend yield of 8.26%. America First Multifamily Investors, L.P.’s dividend payout ratio is presently 172.41%.

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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.

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

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