Freestone Capital Holdings LLC Decreases Holdings in Greystone Housing Impact Investors LP (NYSE:GHI)

Freestone Capital Holdings LLC trimmed its stake in Greystone Housing Impact Investors LP (NYSE:GHI) by 62.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,297 shares of the company’s stock after selling 42,605 shares during the quarter. Freestone Capital Holdings LLC owned approximately 0.11% of Greystone Housing Impact Investors worth $259,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Raymond James Financial Inc. bought a new stake in shares of Greystone Housing Impact Investors in the 4th quarter worth approximately $3,240,000. 9.01% of the stock is currently owned by hedge funds and other institutional investors.

Greystone Housing Impact Investors Price Performance

Shares of NYSE GHI opened at $12.90 on Friday. The company has a current ratio of 10.78, a quick ratio of 10.78 and a debt-to-equity ratio of 3.36. The stock has a fifty day simple moving average of $12.00 and a two-hundred day simple moving average of $12.41. Greystone Housing Impact Investors LP has a 1-year low of $10.12 and a 1-year high of $16.82. The firm has a market cap of $298.91 million, a price-to-earnings ratio of 16.75 and a beta of 0.69.

Greystone Housing Impact Investors (NYSE:GHI) last posted its earnings results on Thursday, February 20th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.06. The firm had revenue of $22.59 million during the quarter, compared to the consensus estimate of $26.02 million. Greystone Housing Impact Investors had a net margin of 22.35% and a return on equity of 5.76%. Analysts anticipate that Greystone Housing Impact Investors LP will post 1.9 earnings per share for the current year.

Greystone Housing Impact Investors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 11.47%. The ex-dividend date of this dividend was Tuesday, December 31st. Greystone Housing Impact Investors’s payout ratio is currently 192.21%.

Greystone Housing Impact Investors Company Profile

Greystone Housing Impact Investors LP acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds (MRBs) that are issued to provide construction and/or permanent financing for multifamily, student, and senior citizen housing; skilled nursing properties; and commercial properties in the United States.