Citadel Advisors LLC acquired a new stake in America First Multifamily Investors, L.P. (NASDAQ:ATAX) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 18,671 shares of the financial services provider’s stock, valued at approximately $113,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ATAX. Cambridge Investment Research Advisors Inc. raised its holdings in America First Multifamily Investors by 0.4% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 66,650 shares of the financial services provider’s stock valued at $397,000 after acquiring an additional 265 shares in the last quarter. Girard Partners LTD. acquired a new position in America First Multifamily Investors in the 2nd quarter valued at $351,000. Oppenheimer & Co. Inc. raised its holdings in America First Multifamily Investors by 1.2% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 17,319 shares of the financial services provider’s stock valued at $103,000 after acquiring an additional 208 shares in the last quarter. Wells Fargo & Company MN raised its holdings in America First Multifamily Investors by 4.2% in the 2nd quarter. Wells Fargo & Company MN now owns 202,431 shares of the financial services provider’s stock valued at $1,205,000 after acquiring an additional 8,201 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in America First Multifamily Investors by 1.6% in the 2nd quarter. Royal Bank of Canada now owns 319,303 shares of the financial services provider’s stock valued at $1,900,000 after acquiring an additional 5,000 shares in the last quarter. 6.65% of the stock is owned by hedge funds and other institutional investors.

America First Multifamily Investors, L.P. (NASDAQ:ATAX) opened at $6.05 on Monday. The company has a current ratio of 4.65, a quick ratio of 4.65 and a debt-to-equity ratio of 2.18. America First Multifamily Investors, L.P. has a fifty-two week low of $5.10 and a fifty-two week high of $6.25. The company has a market capitalization of $361.86, a price-to-earnings ratio of 20.17 and a beta of 0.43.

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

Several brokerages have weighed in on ATAX. Zacks Investment Research cut America First Multifamily Investors from a “hold” rating to a “sell” rating in a report on Friday, November 10th. Oppenheimer cut America First Multifamily Investors from an “outperform” rating to a “market perform” rating in a report on Friday, September 1st. UBS cut America First Multifamily Investors to a “market perform” rating in a report on Friday, September 1st. Finally, TheStreet cut America First Multifamily Investors from a “b-” rating to a “c+” rating in a report on Friday, August 25th. One investment analyst has rated the stock with a sell rating and three have issued a hold rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $6.38.

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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.

Institutional Ownership by Quarter for America First Multifamily Investors (NASDAQ:ATAX)

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