BNP Paribas Financial Markets Has $7.76 Million Position in American Homes 4 Rent (NYSE:AMH)

BNP Paribas Financial Markets reduced its holdings in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 54.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 207,384 shares of the real estate investment trust's stock after selling 250,129 shares during the quarter. BNP Paribas Financial Markets owned 0.06% of American Homes 4 Rent worth $7,760,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of AMH. Vanguard Group Inc. raised its holdings in American Homes 4 Rent by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 44,948,804 shares of the real estate investment trust's stock valued at $1,681,984,000 after acquiring an additional 240,583 shares in the last quarter. Norges Bank acquired a new stake in shares of American Homes 4 Rent during the fourth quarter worth $822,019,000. Principal Financial Group Inc. raised its holdings in shares of American Homes 4 Rent by 6.8% during the fourth quarter. Principal Financial Group Inc. now owns 15,987,142 shares of the real estate investment trust's stock worth $598,232,000 after purchasing an additional 1,015,351 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of American Homes 4 Rent by 5.3% during the fourth quarter. JPMorgan Chase & Co. now owns 13,805,224 shares of the real estate investment trust's stock worth $516,591,000 after purchasing an additional 689,741 shares during the period. Finally, FMR LLC grew its position in shares of American Homes 4 Rent by 9.2% during the fourth quarter. FMR LLC now owns 8,983,364 shares of the real estate investment trust's stock worth $336,157,000 after acquiring an additional 757,772 shares during the last quarter. 91.87% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on AMH. Morgan Stanley upgraded shares of American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and upped their price target for the stock from $39.00 to $40.00 in a research report on Friday, January 24th. StockNews.com upgraded shares of American Homes 4 Rent from a "sell" rating to a "hold" rating in a research report on Tuesday, May 6th. Scotiabank raised their price objective on shares of American Homes 4 Rent from $38.00 to $41.00 and gave the company a "sector perform" rating in a research report on Monday, May 12th. Royal Bank of Canada raised their price objective on shares of American Homes 4 Rent from $39.00 to $41.00 and gave the company an "outperform" rating in a research report on Monday, May 5th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of American Homes 4 Rent from a "buy" rating to a "hold" rating and reduced their price objective for the company from $40.00 to $37.00 in a research report on Tuesday, January 21st. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $40.86.

American Homes 4 Rent Stock Up 1.2%

AMH traded up $0.44 during midday trading on Friday, hitting $38.73. 1,620,523 shares of the company's stock traded hands, compared to its average volume of 2,185,875. The company has a market cap of $14.34 billion, a PE ratio of 35.86, a price-to-earnings-growth ratio of 3.56 and a beta of 0.78. The stock's fifty day simple moving average is $36.74 and its 200-day simple moving average is $36.47. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.76 and a quick ratio of 0.58. American Homes 4 Rent has a one year low of $31.68 and a one year high of $41.41.

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 for the quarter, beating the consensus estimate of $0.45 by $0.01. The firm had revenue of $459.28 million for the quarter, compared to analyst estimates of $449.00 million. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. The company's revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.43 earnings per share. As a group, equities analysts anticipate that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.20 annualized dividend and a yield of 3.10%. American Homes 4 Rent's dividend payout ratio (DPR) is presently 111.11%.

Insider Buying and Selling at American Homes 4 Rent

In other American Homes 4 Rent news, CAO Sara H. Vogt-Lowell sold 42,500 shares of the stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $39.01, for a total transaction of $1,657,925.00. Following the transaction, the chief accounting officer now owns 99,214 shares in the company, valued at $3,870,338.14. This trade represents a 29.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jack E. Corrigan purchased 4,000 shares of the stock in a transaction on Monday, May 5th. The shares were bought at an average price of $23.42 per share, for a total transaction of $93,680.00. Following the acquisition, the director now owns 12,000 shares of the company's stock, valued at approximately $281,040. The trade was a 50.00% increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 6.32% of the company's stock.

American Homes 4 Rent Profile

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.