America First Multifamily Investors, L.P. (NASDAQ:ATAX) Director George H. Krauss bought 3,719 shares of the company’s stock in a transaction on Friday, August 25th. The stock was purchased at an average cost of $6.32 per share, with a total value of $23,504.08. Following the completion of the transaction, the director now owns 112,750 shares in the company, valued at $712,580. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

America First Multifamily Investors, L.P. (ATAX) opened at 6.15 on Wednesday. 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 released its quarterly earnings results on Monday, August 7th. The financial services provider reported $0.06 EPS for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.02. The business had revenue of $16.23 million for the quarter, compared to analyst estimates 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%. Analysts predict that America First Multifamily Investors, L.P. will post $0.28 EPS for the current fiscal 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 dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 8.13%. The ex-dividend date of this dividend was Wednesday, June 28th. America First Multifamily Investors, L.P.’s dividend payout ratio is 156.25%.

COPYRIGHT VIOLATION WARNING: “George H. Krauss Purchases 3,719 Shares of America First Multifamily Investors, L.P. (ATAX) Stock” was posted by Watch List News and is the property of of Watch List News. If you are accessing this story on another site, it was illegally copied and republished in violation of international copyright law. The correct version of this story can be accessed at https://www.watchlistnews.com/george-h-krauss-purchases-3719-shares-of-america-first-multifamily-investors-l-p-atax-stock/1531128.html.

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Oppenheimer & Co. Inc. increased 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 valued at $103,000 after buying an additional 208 shares in the last quarter. Private Advisor Group LLC purchased a new position in America First Multifamily Investors, L.P. during the first quarter valued at about $115,000. NEXT Financial Group Inc increased its position 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 valued at $269,000 after buying an additional 38,905 shares in the last quarter. Girard Partners LTD. purchased a new position in America First Multifamily Investors, L.P. during the second quarter valued at about $351,000. Finally, Cambridge Investment Research Advisors Inc. increased its position 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 valued at $372,000 after buying an additional 11,909 shares in the last quarter. 6.71% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have weighed in on ATAX shares. Zacks Investment Research downgraded America First Multifamily Investors, L.P. from a “hold” rating to a “sell” rating in a research report on Tuesday, May 2nd. Oppenheimer Holdings, Inc. set a $6.00 target price on America First Multifamily Investors, L.P. and gave the company a “buy” rating in a research report on Monday, May 8th. BidaskClub downgraded America First Multifamily Investors, L.P. from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. Finally, TheStreet downgraded America First Multifamily Investors, L.P. from a “b-” rating to a “c+” rating in a research report on Friday, August 25th.

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 & 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 companies with Analyst Ratings Network's FREE daily email newsletter.