American Homes 4 Rent (NYSE:AMH) Shares Acquired by Alyeska Investment Group L.P.

Alyeska Investment Group L.P. increased its stake in American Homes 4 Rent (NYSE:AMH - Free Report) by 185.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,989,260 shares of the real estate investment trust's stock after buying an additional 1,291,865 shares during the quarter. Alyeska Investment Group L.P. owned about 0.54% of American Homes 4 Rent worth $74,438,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of AMH. Atria Investments Inc grew its position in shares of American Homes 4 Rent by 0.4% during the 4th quarter. Atria Investments Inc now owns 84,843 shares of the real estate investment trust's stock valued at $3,175,000 after buying an additional 316 shares during the last quarter. Assetmark Inc. grew its holdings in shares of American Homes 4 Rent by 37.1% during the fourth quarter. Assetmark Inc. now owns 1,385 shares of the real estate investment trust's stock valued at $52,000 after purchasing an additional 375 shares during the last quarter. Quadrant Capital Group LLC raised its position in shares of American Homes 4 Rent by 11.9% during the 4th quarter. Quadrant Capital Group LLC now owns 3,532 shares of the real estate investment trust's stock worth $132,000 after purchasing an additional 376 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of American Homes 4 Rent by 56.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,084 shares of the real estate investment trust's stock worth $41,000 after purchasing an additional 392 shares during the last quarter. Finally, State of Michigan Retirement System boosted its position in American Homes 4 Rent by 0.5% during the 4th quarter. State of Michigan Retirement System now owns 75,100 shares of the real estate investment trust's stock valued at $2,810,000 after purchasing an additional 400 shares during the period. 91.87% of the stock is currently owned by hedge funds and other institutional investors.

American Homes 4 Rent Price Performance

Shares of AMH stock traded down $0.43 during mid-day trading on Monday, hitting $38.88. 2,325,348 shares of the stock traded hands, compared to its average volume of 2,183,988. American Homes 4 Rent has a twelve month low of $31.68 and a twelve month high of $41.41. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.58 and a current ratio of 0.76. The company's 50-day simple moving average is $36.40 and its 200-day simple moving average is $36.43. The firm has a market cap of $14.39 billion, a price-to-earnings ratio of 36.00, a price-to-earnings-growth ratio of 3.56 and a beta of 0.78.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last released its earnings results on Thursday, May 1st. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.01. American Homes 4 Rent had a return on equity of 5.33% and a net margin of 23.86%. The firm had revenue of $459.28 million for the quarter, compared to analyst estimates of $449.00 million. During the same period in the previous year, the company earned $0.43 earnings per share. American Homes 4 Rent's revenue was up 8.4% compared to the same quarter last year. As a group, equities research analysts expect that American Homes 4 Rent will post 1.85 earnings per share for the current year.

American Homes 4 Rent Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a $0.30 dividend. This is an increase from American Homes 4 Rent's previous quarterly dividend of $0.26. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.09%. The ex-dividend date was Friday, March 14th. American Homes 4 Rent's payout ratio is presently 111.11%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on AMH shares. Barclays raised their target price on American Homes 4 Rent from $37.00 to $38.00 and gave the company an "equal weight" rating in a research note on Wednesday, March 12th. Evercore ISI boosted their target price on shares of American Homes 4 Rent from $40.00 to $41.00 and gave the company an "outperform" rating in a research note on Friday. Morgan Stanley upgraded shares of American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $39.00 to $40.00 in a research note on Friday, January 24th. Scotiabank downgraded American Homes 4 Rent from a "sector outperform" rating to a "sector perform" rating and set a $38.00 price objective for the company. in a research report on Thursday, January 23rd. Finally, Mizuho decreased their price objective on American Homes 4 Rent from $41.00 to $37.00 and set an "outperform" rating for the company in a report on Thursday, March 13th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $40.21.

About American Homes 4 Rent

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.