Quad Cities Investment Group LLC Buys 3,902 Shares of America First Multifamily Investors LP (NASDAQ:ATAX)

Quad Cities Investment Group LLC grew its stake in shares of America First Multifamily Investors LP (NASDAQ:ATAX) by 17.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,352 shares of the financial services provider’s stock after acquiring an additional 3,902 shares during the period. Quad Cities Investment Group LLC’s holdings in America First Multifamily Investors were worth $186,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. increased its holdings in America First Multifamily Investors by 37.9% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 389,925 shares of the financial services provider’s stock valued at $2,679,000 after buying an additional 107,097 shares during the period. Acadian Asset Management LLC purchased a new position in America First Multifamily Investors in the first quarter worth $501,000. Geode Capital Management LLC grew its holdings in America First Multifamily Investors by 77.4% in the fourth quarter. Geode Capital Management LLC now owns 69,438 shares of the financial services provider’s stock worth $389,000 after purchasing an additional 30,297 shares during the last quarter. Sigma Planning Corp purchased a new position in America First Multifamily Investors in the first quarter worth $153,000. Finally, Raymond James & Associates grew its holdings in America First Multifamily Investors by 3.7% in the first quarter. Raymond James & Associates now owns 412,792 shares of the financial services provider’s stock worth $2,836,000 after purchasing an additional 14,655 shares during the last quarter. 7.34% of the stock is owned by hedge funds and other institutional investors.

Separately, BidaskClub lowered shares of Zebra Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, July 16th. Two research analysts have rated the stock with a sell rating and two have issued a hold rating to the company. The stock presently has a consensus rating of “Hold”.

Shares of America First Multifamily Investors stock traded up $0.01 during mid-day trading on Friday, hitting $7.02. The stock had a trading volume of 2,944 shares, compared to its average volume of 91,769. The firm’s 50-day simple moving average is $7.08. America First Multifamily Investors LP has a 12-month low of $5.17 and a 12-month high of $7.43. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.84. The company has a market cap of $424.80 million, a price-to-earnings ratio of 11.91 and a beta of 0.33.

America First Multifamily Investors (NASDAQ:ATAX) last released its earnings results on Friday, May 3rd. The financial services provider reported $0.08 earnings per share (EPS) for the quarter. The company had revenue of $17.67 million for the quarter. America First Multifamily Investors had a net margin of 49.50% and a return on equity of 13.74%.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Friday, June 28th will be issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Thursday, June 27th. This represents a $0.50 dividend on an annualized basis and a yield of 7.12%.

America First Multifamily Investors Company Profile

America First Multifamily Investors, L.P. acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds (MRBs) that are issued to provide construction or permanent financing for multifamily and student housing, and residential and commercial properties. It operates through four segments: Mortgage Revenue Bond Investments, MF Properties, Public housing Capital Fund Trust, and Other Investments.

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

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