America First Multifamily Investors, L.P. (NASDAQ:ATAX) has been assigned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating. America First Multifamily Investors, L.P.’s rating score has declined by 200% from 90 days ago as a result of a number of analysts’ upgrades and downgrades.

Zacks has also assigned America First Multifamily Investors, L.P. an industry rank of 54 out of 265 based on the ratings given to its competitors.

Several research firms recently commented on ATAX. Zacks Investment Research upgraded America First Multifamily Investors, L.P. from a “hold” rating to a “buy” rating and set a $6.75 target price for the company in a research report on Wednesday, August 9th. Oppenheimer Holdings, Inc. set a $6.00 target price on America First Multifamily Investors, L.P. and gave the stock a “buy” rating in a research report on Monday, August 7th. TheStreet downgraded America First Multifamily Investors, L.P. from a “b-” rating to a “c+” rating in a research report on Friday, August 25th. Finally, UBS AG downgraded America First Multifamily Investors, L.P. to a “market perform” rating in a research report on Friday, September 1st.

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America First Multifamily Investors, L.P. (NASDAQ:ATAX) traded down $0.03 during trading on Thursday, hitting $6.00. The company had a trading volume of 126,000 shares, compared to its average volume of 104,418. The company has a debt-to-equity ratio of 2.18, a current ratio of 4.65 and a quick ratio of 4.65. The company has a market cap of $361.03, a P/E ratio of 20.08 and a beta of 0.42. America First Multifamily Investors, L.P. has a 1-year low of $5.10 and a 1-year high of $6.25.

America First Multifamily Investors, L.P. (NASDAQ:ATAX) last posted its earnings results on Monday, November 6th. The financial services provider reported $0.05 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.01). The company had revenue of $16.24 million for the quarter, compared to the consensus estimate of $17.04 million. America First Multifamily Investors, L.P. had a return on equity of 6.69% and a net margin of 30.73%. sell-side analysts anticipate that America First Multifamily Investors, L.P. will post 0.28 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Friday, September 29th were given a $0.125 dividend. The ex-dividend date was Thursday, September 28th. This represents a $0.50 annualized dividend and a yield of 8.33%. America First Multifamily Investors, L.P.’s payout ratio is 166.67%.

In other America First Multifamily Investors, L.P. news, CEO Chad L. Daffer acquired 20,000 shares of the business’s stock in a transaction on Friday, August 18th. The stock was purchased at an average price of $6.17 per share, for a total transaction of $123,400.00. Following the transaction, the chief executive officer now owns 232,168 shares in the company, valued at approximately $1,432,476.56. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.30% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the business. Oppenheimer & Co. Inc. raised its position in America First Multifamily Investors, L.P. 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 purchasing an additional 208 shares during the last quarter. Investment Centers of America Inc. acquired a new stake in shares of America First Multifamily Investors, L.P. in the 3rd quarter valued at $103,000. Citadel Advisors LLC acquired a new stake in shares of America First Multifamily Investors, L.P. in the 3rd quarter valued at $113,000. Girard Partners LTD. acquired a new stake in shares of America First Multifamily Investors, L.P. in the 2nd quarter valued at $351,000. Finally, Cambridge Investment Research Advisors Inc. increased its stake in shares of America First Multifamily Investors, L.P. 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 buying an additional 265 shares during the period. Hedge funds and other institutional investors own 6.65% of the company’s stock.

About America First Multifamily Investors, L.P.

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.

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