Investment analysts at Colliers Securities assumed coverage on shares of Bluerock Homes Trust (NYSEAMERICAN:BHM - Get Free Report) in a report released on Tuesday,Benzinga reports. The firm set a "buy" rating and a $15.00 price target on the stock. Colliers Securities' target price suggests a potential upside of 13.90% from the stock's current price.
Bluerock Homes Trust Trading Up 3.4%
NYSEAMERICAN BHM opened at $13.17 on Tuesday. The firm's fifty day moving average price is $11.38 and its two-hundred day moving average price is $11.98. Bluerock Homes Trust has a 1 year low of $9.30 and a 1 year high of $19.01. The firm has a market capitalization of $53.60 million, a P/E ratio of -8.78 and a beta of 0.76.
Institutional Investors Weigh In On Bluerock Homes Trust
A hedge fund recently raised its stake in Bluerock Homes Trust stock. Northern Trust Corp grew its position in shares of Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM - Free Report) by 38.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 23,185 shares of the company's stock after purchasing an additional 6,414 shares during the quarter. Northern Trust Corp owned about 0.59% of Bluerock Homes Trust worth $308,000 as of its most recent SEC filing. 56.06% of the stock is owned by institutional investors.
About Bluerock Homes Trust
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Bluerock Homes Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bluerock Homes Trust wasn't on the list.
While Bluerock Homes Trust currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
