Balyasny Asset Management L.P. Has $36.42 Million Holdings in American Homes 4 Rent (NYSE:AMH)

Balyasny Asset Management L.P. increased its holdings in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 15.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 973,205 shares of the real estate investment trust's stock after acquiring an additional 129,844 shares during the quarter. Balyasny Asset Management L.P. owned about 0.26% of American Homes 4 Rent worth $36,417,000 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. Mountain Hill Investment Partners Corp. acquired a new position in shares of American Homes 4 Rent in the 4th quarter worth approximately $26,000. National Pension Service acquired a new position in American Homes 4 Rent during the fourth quarter worth $30,000. Jones Financial Companies Lllp lifted its position in 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 valued at $41,000 after acquiring an additional 392 shares in the last quarter. UMB Bank n.a. raised its stake in shares of American Homes 4 Rent by 77.2% in the fourth quarter. UMB Bank n.a. now owns 1,393 shares of the real estate investment trust's stock worth $52,000 after purchasing an additional 607 shares during the last quarter. Finally, Assetmark Inc. boosted its position 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 buying an additional 375 shares during the last quarter. 91.87% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at American Homes 4 Rent

In other American Homes 4 Rent news, Director Jack E. Corrigan bought 4,000 shares of American Homes 4 Rent stock in a transaction dated Monday, May 5th. The stock was bought at an average price of $23.42 per share, for a total transaction of $93,680.00. Following the completion of the acquisition, the director now directly owns 12,000 shares of the company's stock, valued at approximately $281,040. This trade represents a 50.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Sara H. Vogt-Lowell sold 42,500 shares of the firm's stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $39.01, for a total value of $1,657,925.00. Following the completion of the transaction, the chief accounting officer now directly owns 99,214 shares in the company, valued at $3,870,338.14. The trade was a 29.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 6.01% of the stock is owned by company insiders.

American Homes 4 Rent Trading Up 0.9 %

Shares of NYSE AMH traded up $0.34 during trading on Friday, reaching $38.70. The stock had a trading volume of 1,184,252 shares, compared to its average volume of 2,174,513. The company has a market cap of $14.32 billion, a P/E ratio of 35.83, a PEG ratio of 3.56 and a beta of 0.78. American Homes 4 Rent has a fifty-two week low of $31.68 and a fifty-two week 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 business's 50-day moving average price is $36.55 and its 200-day moving average price is $36.46.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.01. The firm had revenue of $459.28 million during the quarter, compared to analysts' expectations of $449.00 million. American Homes 4 Rent had a return on equity of 5.33% and a net margin of 23.86%. American Homes 4 Rent's revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.43 earnings per share. On average, equities research analysts predict that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date is Friday, June 13th. American Homes 4 Rent's dividend payout ratio is presently 111.11%.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Barclays upped their price target on shares of 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. Keefe, Bruyette & Woods increased their target price on American Homes 4 Rent from $38.00 to $40.00 and gave the company a "market perform" rating in a report on Tuesday, May 6th. Raymond James boosted their price objective on American Homes 4 Rent from $39.00 to $43.00 and gave the company an "outperform" rating in a research report on Friday. JMP Securities reaffirmed a "market outperform" rating and issued a $41.00 target price on shares of American Homes 4 Rent in a research note on Tuesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft downgraded American Homes 4 Rent from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $40.00 to $37.00 in a report on Tuesday, January 21st. Seven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, American Homes 4 Rent currently has an average rating of "Moderate Buy" and a consensus target price of $40.64.

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.