Bluerock Homes Trust (NYSEAMERICAN:BHM) CEO Buys $291,250.00 in Stock

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) CEO Ramin Kamfar purchased 25,000 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was acquired at an average cost of $11.65 per share, for a total transaction of $291,250.00. Following the completion of the purchase, the chief executive officer owned 27,719 shares of the company’s stock, valued at approximately $322,926.35. This represents a 919.46% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

Ramin Kamfar also recently made the following trade(s):

• On Friday, December 12th, Ramin Kamfar acquired 700 shares of Bluerock Homes Trust stock. The shares were acquired at an average cost of $8.71 per share, with a total value of $6,097.00.

Bluerock Homes Trust Trading Down 0.8%

Shares of NYSEAMERICAN BHM opened at $10.51 on Friday. The stock has a market cap of $42.67 million, a PE ratio of -3.60 and a beta of 0.58. Bluerock Homes Trust, Inc. has a 12-month low of $8.05 and a 12-month high of $14.81. The company has a 50-day moving average of $9.99 and a 200 day moving average of $10.37.

Bluerock Homes Trust announced that its board has initiated a share repurchase plan on Tuesday, February 17th that authorizes the company to repurchase $10.00 million in shares. This repurchase authorization authorizes the company to purchase up to 27.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Bluerock Homes Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Wednesday, March 25th will be given a $0.125 dividend. The ex-dividend date is Wednesday, March 25th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.8%. Bluerock Homes Trust’s dividend payout ratio is -51.02%.

Hedge Funds Weigh In On Bluerock Homes Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BHM. Quinn Opportunity Partners LLC grew its holdings in Bluerock Homes Trust by 0.5% in the 2nd quarter. Quinn Opportunity Partners LLC now owns 228,282 shares of the company’s stock valued at $2,858,000 after buying an additional 1,211 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in shares of Bluerock Homes Trust by 26.4% during the 3rd quarter. Arkadios Wealth Advisors now owns 113,676 shares of the company’s stock worth $1,362,000 after acquiring an additional 23,772 shares during the period. Geode Capital Management LLC raised its holdings in shares of Bluerock Homes Trust by 4.9% during the 4th quarter. Geode Capital Management LLC now owns 38,768 shares of the company’s stock worth $414,000 after acquiring an additional 1,817 shares during the period. Dearborn Partners LLC acquired a new position in shares of Bluerock Homes Trust during the 4th quarter valued at about $150,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of Bluerock Homes Trust during the 4th quarter valued at about $35,000. Institutional investors and hedge funds own 56.06% of the company’s stock.

About Bluerock Homes Trust

Bluerock Homes Trust is a real estate investment trust (REIT) that specializes in the acquisition, ownership and management of factory-built residential housing. The company’s portfolio primarily consists of single-family and modular homes that are installed on leased land or held for rental and sale. By focusing on factory-built housing, Bluerock aims to deliver an affordable, high-quality alternative to conventional home construction and to generate stable rental income through long-term lease agreements.

The company’s core activities include sourcing newly manufactured homes directly from builders, overseeing their delivery and installation, and managing ongoing property operations.