Bluerock Homes Trust (NYSEAMERICAN:BHM) Shares Down 0.4% – Here’s What Happened

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM)’s stock price fell 0.4% during mid-day trading on Monday . The company traded as low as $14.44 and last traded at $14.45. 4,094 shares were traded during trading, a decline of 9% from the average session volume of 4,493 shares. The stock had previously closed at $14.51.

Bluerock Homes Trust Price Performance

The firm has a market capitalization of $55.54 million, a PE ratio of -14.59 and a beta of 0.71.

Institutional Investors Weigh In On Bluerock Homes Trust

Hedge funds and other institutional investors have recently made changes to their positions in the business. Sunbelt Securities Inc. raised its position in Bluerock Homes Trust by 210.5% during the third quarter. Sunbelt Securities Inc. now owns 6,029 shares of the company’s stock valued at $90,000 after purchasing an additional 4,087 shares in the last quarter. Geode Capital Management LLC raised its position in Bluerock Homes Trust by 4.5% during the third quarter. Geode Capital Management LLC now owns 38,035 shares of the company’s stock valued at $569,000 after purchasing an additional 1,629 shares in the last quarter. Arkadios Wealth Advisors raised its position in Bluerock Homes Trust by 21.4% during the third quarter. Arkadios Wealth Advisors now owns 53,862 shares of the company’s stock valued at $805,000 after purchasing an additional 9,502 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Bluerock Homes Trust during the third quarter valued at approximately $3,380,000. Finally, Cambridge Investment Research Advisors Inc. raised its position in Bluerock Homes Trust by 77.9% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 95,499 shares of the company’s stock valued at $1,671,000 after purchasing an additional 41,821 shares in the last quarter. 56.06% of the stock is currently owned by institutional investors and hedge funds.

Bluerock Homes Trust Company Profile

Bluerock Homes Trust, Inc (the Company) was incorporated in Maryland on December 16, 2021. The Company owns and operates high-quality single-family properties located in attractive markets with a focus on the knowledge-economy and high-quality of life growth markets of the Sunbelt and Western United States.