HGI Capital Management LLC boosted its stake in American Homes 4 Rent (NYSE:AMH – Free Report) by 304.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 291,794 shares of the real estate investment trust’s stock after buying an additional 219,690 shares during the quarter. American Homes 4 Rent makes up about 5.0% of HGI Capital Management LLC’s investment portfolio, making the stock its 7th largest position. HGI Capital Management LLC owned 0.08% of American Homes 4 Rent worth $10,344,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in American Homes 4 Rent by 8.9% in the 1st quarter. Vanguard Group Inc. now owns 43,405,083 shares of the real estate investment trust’s stock valued at $1,737,505,000 after buying an additional 3,533,157 shares in the last quarter. BlackRock Inc. boosted its stake in American Homes 4 Rent by 7.9% in the second quarter. BlackRock Inc. now owns 25,681,421 shares of the real estate investment trust’s stock worth $910,406,000 after purchasing an additional 1,887,553 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in American Homes 4 Rent by 31.4% in the second quarter. JPMorgan Chase & Co. now owns 21,539,167 shares of the real estate investment trust’s stock worth $763,564,000 after purchasing an additional 5,152,089 shares in the last quarter. Norges Bank acquired a new position in American Homes 4 Rent in the fourth quarter worth $619,235,000. Finally, State Street Corp boosted its stake in American Homes 4 Rent by 1.2% in the first quarter. State Street Corp now owns 14,486,807 shares of the real estate investment trust’s stock worth $455,610,000 after purchasing an additional 169,609 shares in the last quarter. Institutional investors and hedge funds own 83.97% of the company’s stock.
American Homes 4 Rent Stock Down 3.5 %
Shares of NYSE:AMH traded down $1.30 during mid-day trading on Monday, reaching $35.68. 1,126,380 shares of the stock were exchanged, compared to its average volume of 2,213,915. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.58. The company has a market cap of $12.92 billion, a P/E ratio of 35.56, a P/E/G ratio of 2.72 and a beta of 0.72. American Homes 4 Rent has a one year low of $28.78 and a one year high of $37.97. The stock’s 50 day simple moving average is $34.53 and its 200-day simple moving average is $35.18.
American Homes 4 Rent Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.47%. American Homes 4 Rent’s payout ratio is presently 84.62%.
Insider Buying and Selling
In related news, Director Douglas N. Benham purchased 2,000 shares of the firm’s stock in a transaction on Tuesday, September 12th. The stock was purchased at an average cost of $23.10 per share, for a total transaction of $46,200.00. Following the completion of the purchase, the director now directly owns 31,997 shares in the company, valued at $739,130.70. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, Director Douglas N. Benham purchased 2,000 shares of the firm’s stock in a transaction on Tuesday, September 12th. The stock was purchased at an average cost of $23.10 per share, for a total transaction of $46,200.00. Following the completion of the purchase, the director now directly owns 31,997 shares in the company, valued at $739,130.70. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director James H. Kropp sold 6,852 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $36.47, for a total value of $249,892.44. Following the completion of the transaction, the director now owns 29,202 shares of the company’s stock, valued at $1,064,996.94. The disclosure for this sale can be found here. Over the last three months, insiders sold 39,959 shares of company stock worth $1,459,825. 6.03% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on AMH. Barclays boosted their target price on American Homes 4 Rent from $41.00 to $43.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 9th. Raymond James boosted their target price on American Homes 4 Rent from $36.00 to $40.00 and gave the stock an “outperform” rating in a research report on Monday, August 28th. StockNews.com downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Tuesday, November 7th. Morgan Stanley boosted their target price on American Homes 4 Rent from $34.50 to $37.00 and gave the stock an “equal weight” rating in a research report on Friday, September 1st. Finally, UBS Group started coverage on American Homes 4 Rent in a report on Friday, September 29th. They issued a “neutral” rating and a $35.00 price objective for the company. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $36.81.
Get Our Latest Stock Analysis on AMH
About American Homes 4 Rent
American Homes 4 Rent (NYSE: AMH), which does business as AMH, is a leading owner, operator and developer of single-family rental homes. We’re an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties.
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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 American Homes 4 Rent, 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 American Homes 4 Rent wasn’t on the list.
While American Homes 4 Rent currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
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American Homes 4 Rent (NYSE:AMH – Get Free Report) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totalling 7,710,000 shares, a drop of 14.3% from the September 15th total of 9,000,000 shares. Approximately 2.3% of the company’s stock are short sold. Based on an average daily volume of 2,060,000 shares, the short-interest ratio is presently 3.7 days.
Insider Buying and Selling
In other American Homes 4 Rent news, COO Bryan Smith sold 8,107 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $36.38, for a total transaction of $294,932.66. Following the sale, the chief operating officer now owns 94,478 shares in the company, valued at $3,437,109.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, COO Bryan Smith sold 8,107 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $36.38, for a total value of $294,932.66. Following the completion of the sale, the chief operating officer now directly owns 94,478 shares in the company, valued at approximately $3,437,109.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Brian Reitz sold 1,800 shares of the firm’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $37.47, for a total value of $67,446.00. Following the transaction, the chief accounting officer now owns 36,210 shares in the company, valued at $1,356,788.70. The disclosure for this sale can be found here. Over the last three months, insiders sold 51,800 shares of company stock worth $1,877,023. Corporate insiders own 6.32% of the company’s stock.
Institutional Investors Weigh In On American Homes 4 Rent
A number of institutional investors and hedge funds have recently bought and sold shares of AMH. Nemes Rush Group LLC bought a new stake in shares of American Homes 4 Rent in the 2nd quarter worth approximately $31,000. Spotlight Asset Group Inc. bought a new position in shares of American Homes 4 Rent in the second quarter valued at $35,000. Sunbelt Securities Inc. acquired a new stake in shares of American Homes 4 Rent during the 1st quarter valued at $33,000. BI Asset Management Fondsmaeglerselskab A S boosted its stake in shares of American Homes 4 Rent by 101.3% during the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 1,127 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 567 shares in the last quarter. Finally, Quarry LP acquired a new position in shares of American Homes 4 Rent in the 2nd quarter worth $41,000. 83.97% of the stock is owned by institutional investors and hedge funds.
American Homes 4 Rent Stock Performance
Shares of NYSE AMH opened at $34.85 on Friday. American Homes 4 Rent has a 1 year low of $28.78 and a 1 year high of $37.97. The firm has a market cap of $12.62 billion, a P/E ratio of 35.56, a PEG ratio of 2.74 and a beta of 0.69. The stock has a fifty day moving average price of $35.23 and a two-hundred day moving average price of $34.74. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.69 and a current ratio of 0.69.
American Homes 4 Rent Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date was Thursday, September 14th. American Homes 4 Rent’s payout ratio is currently 89.80%.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on AMH shares. Royal Bank of Canada increased their price objective on shares of American Homes 4 Rent from $38.00 to $39.00 and gave the stock an “outperform” rating in a research note on Monday, July 31st. Raymond James boosted their price objective on American Homes 4 Rent from $36.00 to $40.00 and gave the company an “outperform” rating in a research report on Monday, August 28th. Evercore ISI dropped their target price on American Homes 4 Rent from $38.00 to $36.00 in a research report on Monday, October 9th. Barclays boosted their price target on shares of American Homes 4 Rent from $41.00 to $43.00 and gave the company an “overweight” rating in a report on Wednesday, August 9th. Finally, Morgan Stanley increased their price objective on shares of American Homes 4 Rent from $34.50 to $37.00 and gave the stock an “equal weight” rating in a report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $36.88.
Check Out Our Latest Report on American Homes 4 Rent
About American Homes 4 Rent
American Homes 4 Rent (NYSE: AMH), which does business as AMH, is a leading owner, operator and developer of single-family rental homes. We’re an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties.
Read More
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 American Homes 4 Rent, 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 American Homes 4 Rent wasn’t on the list.
While American Homes 4 Rent currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Victory Capital Management Inc. cut its position in American Homes 4 Rent (NYSE:AMH – Free Report) by 17.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,598,385 shares of the real estate investment trust’s stock after selling 1,205,991 shares during the quarter. Victory Capital Management Inc. owned approximately 1.55% of American Homes 4 Rent worth $198,463,000 at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of AMH. Sunbelt Securities Inc. bought a new stake in shares of American Homes 4 Rent in the first quarter valued at approximately $33,000. BI Asset Management Fondsmaeglerselskab A S grew its position in American Homes 4 Rent by 101.3% in the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 1,127 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 567 shares during the last quarter. Signaturefd LLC increased its holdings in shares of American Homes 4 Rent by 50.7% during the 1st quarter. Signaturefd LLC now owns 1,355 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 456 shares during the period. CWM LLC raised its position in shares of American Homes 4 Rent by 25.5% during the first quarter. CWM LLC now owns 1,753 shares of the real estate investment trust’s stock valued at $55,000 after buying an additional 356 shares during the last quarter. Finally, Covestor Ltd lifted its stake in shares of American Homes 4 Rent by 10,152.4% in the first quarter. Covestor Ltd now owns 2,153 shares of the real estate investment trust’s stock valued at $86,000 after buying an additional 2,132 shares during the period. Institutional investors own 83.97% of the company’s stock.
Insider Buying and Selling at American Homes 4 Rent
In other news, COO Bryan Smith sold 28,407 shares of the company’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $36.11, for a total transaction of $1,025,776.77. Following the transaction, the chief operating officer now directly owns 94,478 shares in the company, valued at $3,411,600.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, CAO Brian Reitz sold 1,800 shares of American Homes 4 Rent stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $37.47, for a total value of $67,446.00. Following the completion of the sale, the chief accounting officer now directly owns 36,210 shares in the company, valued at $1,356,788.70. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Bryan Smith sold 28,407 shares of the company’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $36.11, for a total transaction of $1,025,776.77. Following the transaction, the chief operating officer now owns 94,478 shares in the company, valued at $3,411,600.58. The disclosure for this sale can be found here. In the last 90 days, insiders sold 51,800 shares of company stock worth $1,877,023. 6.32% of the stock is currently owned by corporate insiders.
American Homes 4 Rent Price Performance
Shares of AMH stock opened at $34.82 on Friday. American Homes 4 Rent has a 52 week low of $28.78 and a 52 week high of $37.97. The stock has a market capitalization of $12.60 billion, a PE ratio of 35.53, a PEG ratio of 2.74 and a beta of 0.69. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.69 and a current ratio of 0.69. The stock’s fifty day moving average is $35.30 and its 200-day moving average is $34.67.
American Homes 4 Rent Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date of this dividend was Thursday, September 14th. American Homes 4 Rent’s dividend payout ratio is currently 89.80%.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the company. Citigroup boosted their price target on American Homes 4 Rent from $33.00 to $37.00 and gave the company a “neutral” rating in a research note on Friday, July 14th. Barclays upped their target price on American Homes 4 Rent from $41.00 to $43.00 and gave the company an “overweight” rating in a research note on Wednesday, August 9th. B. Riley raised their target price on American Homes 4 Rent from $36.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday, August 2nd. StockNews.com initiated coverage on shares of American Homes 4 Rent in a research note on Thursday, October 5th. They issued a “sell” rating for the company. Finally, Evercore ISI reduced their price objective on shares of American Homes 4 Rent from $38.00 to $36.00 in a report on Monday. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $36.88.
Read Our Latest Analysis on AMH
About American Homes 4 Rent
American Homes 4 Rent (NYSE: AMH), which does business as AMH, is a leading owner, operator and developer of single-family rental homes. We’re an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties.
Read More
Want to see what other hedge funds are holding AMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Homes 4 Rent (NYSE:AMH – Free Report).
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 American Homes 4 Rent, 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 American Homes 4 Rent wasn’t on the list.
While American Homes 4 Rent currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Click the link below and we’ll send you MarketBeat’s list of the 10 best stocks to own in 2023 and why they should be in your portfolio.
Cypress Capital Group purchased a new position in shares of American Homes 4 Rent (NYSE:AMH – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 6,237 shares of the real estate investment trust’s stock, valued at approximately $221,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in shares of American Homes 4 Rent by 8.9% during the first quarter. Vanguard Group Inc. now owns 43,405,083 shares of the real estate investment trust’s stock worth $1,737,505,000 after purchasing an additional 3,533,157 shares in the last quarter. BlackRock Inc. increased its position in American Homes 4 Rent by 1.4% during the first quarter. BlackRock Inc. now owns 23,793,868 shares of the real estate investment trust’s stock worth $748,317,000 after buying an additional 325,059 shares during the period. Norges Bank purchased a new stake in American Homes 4 Rent in the fourth quarter valued at approximately $619,235,000. JPMorgan Chase & Co. boosted its holdings in shares of American Homes 4 Rent by 2.2% in the first quarter. JPMorgan Chase & Co. now owns 16,387,078 shares of the real estate investment trust’s stock valued at $515,374,000 after acquiring an additional 345,290 shares during the period. Finally, State Street Corp grew its position in shares of American Homes 4 Rent by 1.2% during the first quarter. State Street Corp now owns 14,486,807 shares of the real estate investment trust’s stock worth $455,610,000 after acquiring an additional 169,609 shares during the last quarter. 83.97% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at American Homes 4 Rent
In other news, Director Douglas N. Benham bought 2,000 shares of the firm’s stock in a transaction on Thursday, August 10th. The shares were bought at an average cost of $22.82 per share, for a total transaction of $45,640.00. Following the completion of the transaction, the director now owns 8,000 shares in the company, valued at $182,560. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Douglas N. Benham purchased 2,000 shares of the business’s stock in a transaction dated Thursday, August 10th. The stock was acquired at an average price of $22.82 per share, with a total value of $45,640.00. Following the purchase, the director now directly owns 8,000 shares of the company’s stock, valued at approximately $182,560. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Brian Reitz sold 1,800 shares of the business’s stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $37.47, for a total transaction of $67,446.00. Following the completion of the sale, the chief accounting officer now owns 36,210 shares in the company, valued at $1,356,788.70. The disclosure for this sale can be found here. Insiders sold 51,800 shares of company stock valued at $1,877,023 in the last ninety days. Corporate insiders own 6.03% of the company’s stock.
American Homes 4 Rent Stock Up 1.1 %
AMH stock opened at $34.33 on Tuesday. American Homes 4 Rent has a 52 week low of $28.78 and a 52 week high of $37.97. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.58. The company has a market cap of $12.43 billion, a P/E ratio of 35.03, a P/E/G ratio of 2.71 and a beta of 0.69. The company’s 50-day moving average price is $35.40 and its 200 day moving average price is $34.64.
American Homes 4 Rent Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date of this dividend was Thursday, September 14th. American Homes 4 Rent’s dividend payout ratio is currently 89.80%.
Analyst Upgrades and Downgrades
AMH has been the subject of a number of recent research reports. StockNews.com began coverage on shares of American Homes 4 Rent in a research note on Thursday, October 5th. They set a “sell” rating for the company. Raymond James increased their target price on shares of American Homes 4 Rent from $36.00 to $40.00 and gave the stock an “outperform” rating in a research note on Monday, August 28th. UBS Group initiated coverage on American Homes 4 Rent in a research report on Friday, September 29th. They issued a “neutral” rating and a $35.00 price target on the stock. Royal Bank of Canada upped their price objective on American Homes 4 Rent from $38.00 to $39.00 and gave the company an “outperform” rating in a research note on Monday, July 31st. Finally, Evercore ISI dropped their target price on American Homes 4 Rent from $38.00 to $36.00 in a report on Monday. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $36.88.
Read Our Latest Stock Report on American Homes 4 Rent
American Homes 4 Rent Company Profile
American Homes 4 Rent (NYSE: AMH), which does business as AMH, is a leading owner, operator and developer of single-family rental homes. We’re an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties.
See Also
Want to see what other hedge funds are holding AMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Homes 4 Rent (NYSE:AMH – Free Report).
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 American Homes 4 Rent, 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 American Homes 4 Rent wasn’t on the list.
While American Homes 4 Rent currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Do you expect the global demand for energy to shrink?! If not, it’s time to take a look at how energy stocks can play a part in your portfolio.
American Homes 4 Rent (NYSE:AMH – Get Free Report) had its price objective cut by investment analysts at Evercore ISI from $38.00 to $36.00 in a research note issued to investors on Monday, FlyOnTheWall reports. Evercore ISI’s price target points to a potential upside of 6.01% from the stock’s current price.
A number of other brokerages have also weighed in on AMH. Citigroup upped their target price on American Homes 4 Rent from $33.00 to $37.00 and gave the stock a “neutral” rating in a research report on Friday, July 14th. Royal Bank of Canada raised their price objective on shares of American Homes 4 Rent from $38.00 to $39.00 and gave the company an “outperform” rating in a research note on Monday, July 31st. UBS Group assumed coverage on shares of American Homes 4 Rent in a research report on Friday, September 29th. They set a “neutral” rating and a $35.00 target price for the company. Barclays raised their price target on shares of American Homes 4 Rent from $41.00 to $43.00 and gave the company an “overweight” rating in a research report on Wednesday, August 9th. Finally, Raymond James boosted their price objective on American Homes 4 Rent from $36.00 to $40.00 and gave the stock an “outperform” rating in a report on Monday, August 28th. One analyst has rated the stock with a sell rating, nine have given a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, American Homes 4 Rent presently has an average rating of “Hold” and a consensus target price of $36.88.
View Our Latest Analysis on AMH
American Homes 4 Rent Stock Performance
Shares of American Homes 4 Rent stock opened at $33.96 on Monday. The business has a 50-day simple moving average of $35.46 and a 200 day simple moving average of $34.60. American Homes 4 Rent has a one year low of $28.78 and a one year high of $37.97. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.69 and a quick ratio of 0.69. The firm has a market capitalization of $12.29 billion, a price-to-earnings ratio of 34.65, a PEG ratio of 2.71 and a beta of 0.69.
Insiders Place Their Bets
In other news, COO Bryan Smith sold 8,107 shares of the stock in a transaction on Thursday, September 14th. The stock was sold at an average price of $36.38, for a total transaction of $294,932.66. Following the completion of the transaction, the chief operating officer now owns 94,478 shares in the company, valued at approximately $3,437,109.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Douglas N. Benham bought 2,000 shares of the company’s stock in a transaction on Tuesday, September 12th. The shares were purchased at an average price of $23.10 per share, for a total transaction of $46,200.00. Following the completion of the transaction, the director now directly owns 31,997 shares in the company, valued at approximately $739,130.70. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, COO Bryan Smith sold 8,107 shares of the business’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $36.38, for a total value of $294,932.66. Following the sale, the chief operating officer now owns 94,478 shares in the company, valued at $3,437,109.64. The disclosure for this sale can be found here. Insiders sold 51,800 shares of company stock valued at $1,877,023 over the last ninety days. 6.03% of the stock is currently owned by insiders.
Institutional Investors Weigh In On American Homes 4 Rent
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Nemes Rush Group LLC bought a new stake in American Homes 4 Rent during the 2nd quarter worth approximately $31,000. Sunbelt Securities Inc. bought a new stake in American Homes 4 Rent during the first quarter valued at $33,000. BI Asset Management Fondsmaeglerselskab A S grew its position in American Homes 4 Rent by 101.3% during the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 1,127 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 567 shares in the last quarter. Spotlight Asset Group Inc. bought a new position in American Homes 4 Rent in the 2nd quarter worth about $35,000. Finally, Quarry LP purchased a new stake in shares of American Homes 4 Rent in the 2nd quarter valued at about $41,000. 83.97% of the stock is currently owned by institutional investors.
About American Homes 4 Rent
American Homes 4 Rent (NYSE: AMH), which does business as AMH, is a leading owner, operator and developer of single-family rental homes. We’re an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties.
Further Reading
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 American Homes 4 Rent, 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 American Homes 4 Rent wasn’t on the list.
While American Homes 4 Rent currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Click the link below and we’ll send you MarketBeat’s list of seven best retirement stocks and why they should be in your portfolio.
State of Alaska Department of Revenue trimmed its holdings in shares of American Homes 4 Rent (NYSE:AMH – Free Report) by 2.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 157,226 shares of the real estate investment trust’s stock after selling 3,135 shares during the period. State of Alaska Department of Revenue’s holdings in American Homes 4 Rent were worth $5,572,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Robeco Institutional Asset Management B.V. lifted its holdings in shares of American Homes 4 Rent by 2.2% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 294,333 shares of the real estate investment trust’s stock worth $10,434,000 after acquiring an additional 6,333 shares during the period. Creative Planning lifted its holdings in American Homes 4 Rent by 22.7% during the 2nd quarter. Creative Planning now owns 15,272 shares of the real estate investment trust’s stock valued at $541,000 after purchasing an additional 2,821 shares during the last quarter. Naviter Wealth LLC lifted its holdings in American Homes 4 Rent by 13.9% during the 2nd quarter. Naviter Wealth LLC now owns 14,930 shares of the real estate investment trust’s stock valued at $529,000 after purchasing an additional 1,826 shares during the last quarter. Teacher Retirement System of Texas lifted its holdings in American Homes 4 Rent by 4.3% during the 2nd quarter. Teacher Retirement System of Texas now owns 140,805 shares of the real estate investment trust’s stock valued at $4,992,000 after purchasing an additional 5,844 shares during the last quarter. Finally, Diversified Trust Co bought a new position in American Homes 4 Rent during the 2nd quarter valued at about $231,000. 83.97% of the stock is owned by institutional investors.
American Homes 4 Rent Trading Up 1.1 %
AMH opened at $33.96 on Monday. The company’s 50 day moving average is $35.46 and its 200-day moving average is $34.60. American Homes 4 Rent has a 1-year low of $28.78 and a 1-year high of $37.97. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.58. The company has a market cap of $12.29 billion, a P/E ratio of 34.65, a PEG ratio of 2.71 and a beta of 0.69.
American Homes 4 Rent Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $0.88 annualized dividend and a yield of 2.59%. American Homes 4 Rent’s payout ratio is 89.80%.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the stock. Barclays lifted their price target on shares of American Homes 4 Rent from $41.00 to $43.00 and gave the company an “overweight” rating in a report on Wednesday, August 9th. Royal Bank of Canada lifted their price target on shares of American Homes 4 Rent from $38.00 to $39.00 and gave the company an “outperform” rating in a report on Monday, July 31st. Raymond James lifted their price target on shares of American Homes 4 Rent from $36.00 to $40.00 and gave the company an “outperform” rating in a report on Monday, August 28th. B. Riley raised their price objective on shares of American Homes 4 Rent from $36.00 to $42.00 and gave the company a “buy” rating in a research report on Wednesday, August 2nd. Finally, Citigroup raised their price objective on shares of American Homes 4 Rent from $33.00 to $37.00 and gave the company a “neutral” rating in a research report on Friday, July 14th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, American Homes 4 Rent presently has an average rating of “Hold” and a consensus price target of $37.06.
View Our Latest Stock Analysis on AMH
Insiders Place Their Bets
In other American Homes 4 Rent news, COO Bryan Smith sold 8,107 shares of the business’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $36.38, for a total transaction of $294,932.66. Following the completion of the sale, the chief operating officer now owns 94,478 shares in the company, valued at approximately $3,437,109.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CAO Brian Reitz sold 1,800 shares of the company’s stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $37.47, for a total transaction of $67,446.00. Following the sale, the chief accounting officer now directly owns 36,210 shares in the company, valued at $1,356,788.70. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, COO Bryan Smith sold 8,107 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $36.38, for a total transaction of $294,932.66. Following the completion of the transaction, the chief operating officer now owns 94,478 shares in the company, valued at $3,437,109.64. The disclosure for this sale can be found here. In the last 90 days, insiders sold 51,800 shares of company stock worth $1,877,023. 6.32% of the stock is currently owned by insiders.
About American Homes 4 Rent
American Homes 4 Rent (NYSE: AMH), which does business as AMH, is a leading owner, operator and developer of single-family rental homes. We’re an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties.
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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 American Homes 4 Rent, 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 American Homes 4 Rent wasn’t on the list.
While American Homes 4 Rent currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Which stocks are likely to thrive in today’s challenging market? Click the link below and we’ll send you MarketBeat’s list of ten stocks that will drive in any economic environment.
Cambridge Investment Research Advisors Inc. increased its stake in American Homes 4 Rent (NYSE:AMH – Free Report) by 26.6% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,826 shares of the real estate investment trust’s stock after acquiring an additional 4,162 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in American Homes 4 Rent were worth $703,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Charles Schwab Investment Management Inc. increased its stake in shares of American Homes 4 Rent by 2.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,578,435 shares of the real estate investment trust’s stock valued at $112,542,000 after acquiring an additional 98,146 shares in the last quarter. Elo Mutual Pension Insurance Co increased its stake in shares of American Homes 4 Rent by 5.2% in the 1st quarter. Elo Mutual Pension Insurance Co now owns 25,471 shares of the real estate investment trust’s stock valued at $801,000 after acquiring an additional 1,255 shares in the last quarter. AXA S.A. increased its stake in shares of American Homes 4 Rent by 15.3% in the 1st quarter. AXA S.A. now owns 1,277,051 shares of the real estate investment trust’s stock valued at $40,163,000 after acquiring an additional 169,620 shares in the last quarter. ExodusPoint Capital Management LP bought a new stake in shares of American Homes 4 Rent in the 1st quarter valued at $745,000. Finally, Daiwa Securities Group Inc. increased its stake in shares of American Homes 4 Rent by 16.0% in the 1st quarter. Daiwa Securities Group Inc. now owns 114,727 shares of the real estate investment trust’s stock valued at $3,608,000 after acquiring an additional 15,867 shares in the last quarter. Institutional investors own 83.97% of the company’s stock.
Insider Buying and Selling at American Homes 4 Rent
In other American Homes 4 Rent news, COO Bryan Smith sold 28,407 shares of the company’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $36.11, for a total transaction of $1,025,776.77. Following the sale, the chief operating officer now directly owns 94,478 shares of the company’s stock, valued at $3,411,600.58. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other American Homes 4 Rent news, COO Bryan Smith sold 28,407 shares of the company’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $36.11, for a total transaction of $1,025,776.77. Following the sale, the chief operating officer now directly owns 94,478 shares of the company’s stock, valued at $3,411,600.58. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Douglas N. Benham acquired 2,000 shares of the company’s stock in a transaction on Thursday, August 10th. The shares were acquired at an average cost of $22.82 per share, for a total transaction of $45,640.00. Following the completion of the acquisition, the director now owns 8,000 shares of the company’s stock, valued at $182,560. The disclosure for this purchase can be found here. Insiders have sold a total of 51,800 shares of company stock valued at $1,877,023 over the last three months. 6.32% of the stock is currently owned by insiders.
Analyst Ratings Changes
A number of brokerages have commented on AMH. Morgan Stanley boosted their price target on shares of American Homes 4 Rent from $34.50 to $37.00 and gave the company an “equal weight” rating in a research note on Friday, September 1st. B. Riley boosted their price target on shares of American Homes 4 Rent from $36.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, August 2nd. Citigroup boosted their price target on shares of American Homes 4 Rent from $33.00 to $37.00 and gave the company a “neutral” rating in a research note on Friday, July 14th. Barclays boosted their price target on shares of American Homes 4 Rent from $41.00 to $43.00 and gave the company an “overweight” rating in a research note on Wednesday, August 9th. Finally, Raymond James boosted their price target on shares of American Homes 4 Rent from $36.00 to $40.00 and gave the company an “outperform” rating in a research note on Monday, August 28th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, American Homes 4 Rent has an average rating of “Hold” and an average target price of $37.06.
Check Out Our Latest Research Report on AMH
American Homes 4 Rent Price Performance
Shares of NYSE:AMH opened at $33.96 on Friday. The company’s 50-day moving average is $35.46 and its 200 day moving average is $34.56. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.69 and a current ratio of 0.69. The company has a market capitalization of $12.29 billion, a P/E ratio of 34.65, a price-to-earnings-growth ratio of 2.68 and a beta of 0.69. American Homes 4 Rent has a fifty-two week low of $28.78 and a fifty-two week high of $37.97.
American Homes 4 Rent Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.59%. The ex-dividend date was Thursday, September 14th. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 89.80%.
American Homes 4 Rent Company Profile
American Homes 4 Rent (NYSE: AMH), which does business as AMH, is a leading owner, operator and developer of single-family rental homes. We’re an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties.
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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 American Homes 4 Rent, 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 American Homes 4 Rent wasn’t on the list.
While American Homes 4 Rent currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Ceredex Value Advisors LLC lowered its holdings in shares of American Homes 4 Rent (NYSE:AMH – Free Report) by 20.5% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 3,157,820 shares of the real estate investment trust’s stock after selling 811,919 shares during the period. American Homes 4 Rent accounts for approximately 1.8% of Ceredex Value Advisors LLC’s holdings, making the stock its 9th largest position. Ceredex Value Advisors LLC owned about 0.87% of American Homes 4 Rent worth $111,945,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. grew its holdings in American Homes 4 Rent by 8.9% during the first quarter. Vanguard Group Inc. now owns 43,405,083 shares of the real estate investment trust’s stock worth $1,737,505,000 after purchasing an additional 3,533,157 shares during the period. BlackRock Inc. grew its holdings in American Homes 4 Rent by 1.4% during the first quarter. BlackRock Inc. now owns 23,793,868 shares of the real estate investment trust’s stock worth $748,317,000 after purchasing an additional 325,059 shares during the period. Norges Bank bought a new position in American Homes 4 Rent during the fourth quarter worth about $619,235,000. JPMorgan Chase & Co. grew its holdings in American Homes 4 Rent by 2.2% during the first quarter. JPMorgan Chase & Co. now owns 16,387,078 shares of the real estate investment trust’s stock worth $515,374,000 after purchasing an additional 345,290 shares during the period. Finally, State Street Corp grew its holdings in American Homes 4 Rent by 1.2% during the first quarter. State Street Corp now owns 14,486,807 shares of the real estate investment trust’s stock worth $455,610,000 after purchasing an additional 169,609 shares during the period. Institutional investors own 83.97% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have issued reports on the stock. Barclays raised their price objective on shares of American Homes 4 Rent from $41.00 to $43.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 9th. StockNews.com assumed coverage on shares of American Homes 4 Rent in a research report on Thursday. They set a “sell” rating for the company. Morgan Stanley raised their price objective on shares of American Homes 4 Rent from $34.50 to $37.00 and gave the stock an “equal weight” rating in a research report on Friday, September 1st. Raymond James raised their price objective on shares of American Homes 4 Rent from $36.00 to $40.00 and gave the stock an “outperform” rating in a research report on Monday, August 28th. Finally, Royal Bank of Canada raised their price objective on shares of American Homes 4 Rent from $38.00 to $39.00 and gave the stock an “outperform” rating in a research report on Monday, July 31st. One research analyst has rated the stock with a sell rating, nine have given a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, American Homes 4 Rent has an average rating of “Hold” and an average price target of $37.06.
Get Our Latest Stock Analysis on American Homes 4 Rent
American Homes 4 Rent Price Performance
NYSE:AMH traded down $0.22 during mid-day trading on Friday, reaching $33.38. The stock had a trading volume of 121,887 shares, compared to its average volume of 2,178,116. The stock has a 50-day simple moving average of $35.52 and a two-hundred day simple moving average of $34.50. The stock has a market capitalization of $12.08 billion, a PE ratio of 34.28, a P/E/G ratio of 2.67 and a beta of 0.69. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.69 and a quick ratio of 0.69. American Homes 4 Rent has a 12 month low of $28.78 and a 12 month high of $37.97.
American Homes 4 Rent Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.64%. American Homes 4 Rent’s payout ratio is presently 89.80%.
Insiders Place Their Bets
In related news, COO Bryan Smith sold 8,107 shares of the business’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $36.38, for a total value of $294,932.66. Following the sale, the chief operating officer now owns 94,478 shares of the company’s stock, valued at $3,437,109.64. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, Director Douglas N. Benham bought 2,000 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The shares were acquired at an average price of $22.82 per share, for a total transaction of $45,640.00. Following the completion of the acquisition, the director now directly owns 8,000 shares in the company, valued at $182,560. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Bryan Smith sold 8,107 shares of the business’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $36.38, for a total transaction of $294,932.66. Following the completion of the transaction, the chief operating officer now owns 94,478 shares in the company, valued at approximately $3,437,109.64. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 51,800 shares of company stock valued at $1,877,023. 6.32% of the stock is currently owned by insiders.
About American Homes 4 Rent
American Homes 4 Rent (NYSE: AMH), which does business as AMH, is a leading owner, operator and developer of single-family rental homes. We’re an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties.
Further Reading
Want to see what other hedge funds are holding AMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Homes 4 Rent (NYSE:AMH – Free Report).
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 American Homes 4 Rent, 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 American Homes 4 Rent wasn’t on the list.
While American Homes 4 Rent currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
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Diversified Trust Co acquired a new stake in American Homes 4 Rent (NYSE:AMH – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,523 shares of the real estate investment trust’s stock, valued at approximately $231,000.
Other large investors also recently modified their holdings of the company. Norges Bank acquired a new position in shares of American Homes 4 Rent in the fourth quarter valued at approximately $619,235,000. Price T Rowe Associates Inc. MD boosted its position in shares of American Homes 4 Rent by 5,494.4% in the second quarter. Price T Rowe Associates Inc. MD now owns 4,876,063 shares of the real estate investment trust’s stock valued at $172,808,000 after acquiring an additional 4,788,904 shares during the period. Centersquare Investment Management LLC raised its position in shares of American Homes 4 Rent by 725.9% in the first quarter. Centersquare Investment Management LLC now owns 4,816,638 shares of the real estate investment trust’s stock valued at $192,810,000 after buying an additional 4,233,435 shares in the last quarter. Vanguard Group Inc. raised its position in shares of American Homes 4 Rent by 8.9% in the first quarter. Vanguard Group Inc. now owns 43,405,083 shares of the real estate investment trust’s stock valued at $1,737,505,000 after buying an additional 3,533,157 shares in the last quarter. Finally, Balyasny Asset Management L.P. raised its position in shares of American Homes 4 Rent by 250.4% in the first quarter. Balyasny Asset Management L.P. now owns 3,890,443 shares of the real estate investment trust’s stock valued at $122,354,000 after buying an additional 2,780,113 shares in the last quarter. 83.97% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on AMH shares. Citigroup raised their price target on American Homes 4 Rent from $33.00 to $37.00 and gave the stock a “neutral” rating in a research report on Friday, July 14th. B. Riley raised their price target on American Homes 4 Rent from $36.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday, August 2nd. Raymond James increased their price target on shares of American Homes 4 Rent from $36.00 to $40.00 and gave the stock an “outperform” rating in a research report on Monday, August 28th. Morgan Stanley upped their price objective on American Homes 4 Rent from $34.50 to $37.00 and gave the stock an “equal weight” rating in a research report on Friday, September 1st. Finally, Barclays upped their price objective on American Homes 4 Rent from $41.00 to $43.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $37.06.
View Our Latest Stock Report on American Homes 4 Rent
American Homes 4 Rent Trading Down 1.8 %
AMH opened at $33.10 on Tuesday. American Homes 4 Rent has a fifty-two week low of $28.78 and a fifty-two week high of $37.97. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.69 and a quick ratio of 0.69. The firm has a market capitalization of $11.98 billion, a price-to-earnings ratio of 33.78, a PEG ratio of 2.69 and a beta of 0.68. The company’s 50 day moving average price is $35.71 and its two-hundred day moving average price is $34.50.
American Homes 4 Rent Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.66%. The ex-dividend date was Thursday, September 14th. American Homes 4 Rent’s payout ratio is presently 89.80%.
Insiders Place Their Bets
In related news, Director Douglas N. Benham bought 2,000 shares of the business’s stock in a transaction on Thursday, August 10th. The shares were purchased at an average cost of $22.82 per share, with a total value of $45,640.00. Following the acquisition, the director now owns 8,000 shares of the company’s stock, valued at $182,560. The purchase was disclosed in a filing with the SEC, which is available through this link. In other news, Director Douglas N. Benham purchased 2,000 shares of the stock in a transaction on Thursday, August 10th. The stock was purchased at an average price of $22.82 per share, for a total transaction of $45,640.00. Following the acquisition, the director now owns 8,000 shares in the company, valued at $182,560. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Bryan Smith sold 28,407 shares of the firm’s stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $36.11, for a total transaction of $1,025,776.77. Following the transaction, the chief operating officer now owns 94,478 shares of the company’s stock, valued at approximately $3,411,600.58. The disclosure for this sale can be found here. In the last three months, insiders have sold 51,800 shares of company stock valued at $1,877,023. 6.32% of the stock is currently owned by company insiders.
American Homes 4 Rent Company Profile
American Homes 4 Rent (NYSE: AMH), which does business as AMH, is a leading owner, operator and developer of single-family rental homes. We’re an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties.
Featured Articles
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 American Homes 4 Rent, 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 American Homes 4 Rent wasn’t on the list.
While American Homes 4 Rent currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Click the link below and we’ll send you MarketBeat’s guide to investing in 5G and which 5G stocks show the most promise.
Teacher Retirement System of Texas boosted its holdings in American Homes 4 Rent (NYSE:AMH – Free Report) by 4.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 140,805 shares of the real estate investment trust’s stock after buying an additional 5,844 shares during the quarter. Teacher Retirement System of Texas’ holdings in American Homes 4 Rent were worth $4,992,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Sunbelt Securities Inc. purchased a new position in American Homes 4 Rent during the 1st quarter worth approximately $33,000. BI Asset Management Fondsmaeglerselskab A S raised its position in American Homes 4 Rent by 101.3% during the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 1,127 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 567 shares during the period. Signaturefd LLC lifted its stake in American Homes 4 Rent by 50.7% in the 1st quarter. Signaturefd LLC now owns 1,355 shares of the real estate investment trust’s stock worth $43,000 after acquiring an additional 456 shares in the last quarter. CWM LLC boosted its position in American Homes 4 Rent by 25.5% during the 1st quarter. CWM LLC now owns 1,753 shares of the real estate investment trust’s stock worth $55,000 after acquiring an additional 356 shares during the period. Finally, Quadrant Capital Group LLC grew its stake in American Homes 4 Rent by 47.0% during the 4th quarter. Quadrant Capital Group LLC now owns 2,109 shares of the real estate investment trust’s stock valued at $64,000 after acquiring an additional 674 shares in the last quarter. Institutional investors own 83.97% of the company’s stock.
Insider Transactions at American Homes 4 Rent
In related news, CAO Brian Reitz sold 1,800 shares of the company’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $37.47, for a total value of $67,446.00. Following the completion of the transaction, the chief accounting officer now directly owns 36,210 shares in the company, valued at $1,356,788.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CAO Brian Reitz sold 1,800 shares of American Homes 4 Rent stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $37.47, for a total transaction of $67,446.00. Following the sale, the chief accounting officer now directly owns 36,210 shares in the company, valued at approximately $1,356,788.70. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Douglas N. Benham bought 2,000 shares of the stock in a transaction that occurred on Thursday, August 10th. The stock was acquired at an average cost of $22.82 per share, for a total transaction of $45,640.00. Following the purchase, the director now owns 8,000 shares of the company’s stock, valued at $182,560. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 51,800 shares of company stock valued at $1,877,023. 6.32% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Several analysts recently commented on AMH shares. Morgan Stanley raised their price target on shares of American Homes 4 Rent from $34.50 to $37.00 and gave the stock an “equal weight” rating in a report on Friday, September 1st. Citigroup boosted their price target on shares of American Homes 4 Rent from $33.00 to $37.00 and gave the company a “neutral” rating in a report on Friday, July 14th. UBS Group initiated coverage on American Homes 4 Rent in a research report on Friday. They set a “neutral” rating and a $35.00 price objective for the company. B. Riley upped their target price on American Homes 4 Rent from $36.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday, August 2nd. Finally, Raymond James boosted their price target on American Homes 4 Rent from $36.00 to $40.00 and gave the company an “outperform” rating in a research note on Monday, August 28th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $37.06.
Get Our Latest Stock Report on American Homes 4 Rent
American Homes 4 Rent Stock Performance
Shares of NYSE AMH opened at $33.69 on Monday. American Homes 4 Rent has a 12 month low of $28.78 and a 12 month high of $37.97. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.58. The company has a market cap of $12.20 billion, a P/E ratio of 34.38, a P/E/G ratio of 2.69 and a beta of 0.68. The business’s 50 day moving average is $35.80 and its two-hundred day moving average is $34.48.
American Homes 4 Rent Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were given a $0.22 dividend. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.61%. American Homes 4 Rent’s dividend payout ratio is currently 89.80%.
American Homes 4 Rent Profile
American Homes 4 Rent (NYSE: AMH), which does business as AMH, is a leading owner, operator and developer of single-family rental homes. We’re an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties.
See Also
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