Cambridge Investment Research Advisors Inc. Sells 21,375 Shares of Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM)

Cambridge Investment Research Advisors Inc. reduced its position in Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM - Free Report) by 17.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 99,444 shares of the company's stock after selling 21,375 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 2.51% of Bluerock Homes Trust worth $1,131,000 as of its most recent SEC filing.

Separately, Northern Trust Corp lifted its holdings in Bluerock Homes Trust by 38.2% during the 4th quarter. Northern Trust Corp now owns 23,185 shares of the company's stock valued at $308,000 after buying an additional 6,414 shares in the last quarter. Institutional investors own 56.06% of the company's stock.

Bluerock Homes Trust Price Performance

Bluerock Homes Trust stock opened at $12.74 on Friday. The stock has a market cap of $51.85 million, a price-to-earnings ratio of -8.49 and a beta of 0.76. The firm has a 50-day moving average of $11.32 and a two-hundred day moving average of $12.01. Bluerock Homes Trust, Inc. has a 1 year low of $9.30 and a 1 year high of $19.01.

Bluerock Homes Trust Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, July 3rd. Investors of record on Thursday, June 26th were issued a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, June 25th. This represents a dividend yield of 3.9%. Bluerock Homes Trust's payout ratio is -51.02%.

Bluerock Homes Trust 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.

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