Bluerock Homes Trust (NYSEAMERICAN:BHM) Trading Down 0.4% – What’s Next?

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) dropped 0.4% during trading on Monday . The company traded as low as $14.44 and last traded at $14.45. Approximately 4,094 shares were traded during trading, a decline of 9% from the average daily volume of 4,493 shares. The stock had previously closed at $14.51.

Bluerock Homes Trust Stock Down 0.4 %

The company has a market capitalization of $57.22 million, a P/E ratio of -14.74 and a beta of 0.71.

Institutional Investors Weigh In On Bluerock Homes Trust

Several institutional investors have recently bought and sold shares of BHM. Sunbelt Securities Inc. increased its stake in Bluerock Homes Trust by 210.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 6,029 shares of the company’s stock worth $90,000 after purchasing an additional 4,087 shares in the last quarter. Geode Capital Management LLC boosted its stake in Bluerock Homes Trust by 4.5% in the 3rd quarter. Geode Capital Management LLC now owns 38,035 shares of the company’s stock worth $569,000 after purchasing an additional 1,629 shares during the period. Arkadios Wealth Advisors grew its position in Bluerock Homes Trust by 6.2% during the 2nd quarter. Arkadios Wealth Advisors now owns 44,360 shares of the company’s stock worth $776,000 after purchasing an additional 2,576 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Bluerock Homes Trust by 77.9% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 95,499 shares of the company’s stock valued at $1,671,000 after purchasing an additional 41,821 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of Bluerock Homes Trust in the third quarter worth $3,380,000. Institutional investors and hedge funds own 56.06% of the company’s stock.

Bluerock Homes Trust Company 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.