UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $106.53 Million Stock Position in American Homes 4 Rent (NYSE:AMH)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 0.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,846,804 shares of the real estate investment trust's stock after acquiring an additional 19,336 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.77% of American Homes 4 Rent worth $106,527,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Alyeska Investment Group L.P. increased its stake in American Homes 4 Rent by 185.2% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,989,260 shares of the real estate investment trust's stock worth $74,438,000 after purchasing an additional 1,291,865 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in American Homes 4 Rent by 4.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 196,084 shares of the real estate investment trust's stock valued at $7,337,000 after buying an additional 8,370 shares in the last quarter. Clearbridge Investments LLC boosted its holdings in shares of American Homes 4 Rent by 26.3% in the fourth quarter. Clearbridge Investments LLC now owns 2,821,944 shares of the real estate investment trust's stock worth $105,597,000 after buying an additional 588,302 shares during the period. PGGM Investments increased its position in shares of American Homes 4 Rent by 7.3% in the fourth quarter. PGGM Investments now owns 1,062,538 shares of the real estate investment trust's stock worth $39,760,000 after acquiring an additional 71,890 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of American Homes 4 Rent by 2.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,334,035 shares of the real estate investment trust's stock worth $162,180,000 after acquiring an additional 110,022 shares in the last quarter. 91.87% of the stock is currently owned by institutional investors and hedge funds.

American Homes 4 Rent Stock Up 0.3%

Shares of American Homes 4 Rent stock traded up $0.13 during trading on Tuesday, hitting $37.78. 3,236,995 shares of the stock traded hands, compared to its average volume of 2,191,767. 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 stock has a market cap of $13.98 billion, a P/E ratio of 34.98, a PEG ratio of 3.56 and a beta of 0.78. The company has a fifty day moving average price of $37.03 and a two-hundred day moving average price of $36.56. American Homes 4 Rent has a twelve month low of $31.68 and a twelve month high of $41.41.

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

American Homes 4 Rent Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.18%. The ex-dividend date is Friday, June 13th. American Homes 4 Rent's dividend payout ratio is currently 111.11%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Scotiabank upped their price target 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. Raymond James raised their target price on American Homes 4 Rent from $39.00 to $43.00 and gave the stock an "outperform" rating in a research report on Friday, May 9th. Wall Street Zen upgraded American Homes 4 Rent from a "sell" rating to a "hold" rating in a report on Tuesday, May 6th. Keefe, Bruyette & Woods lifted their price target 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. Finally, Barclays raised their price objective on American Homes 4 Rent from $37.00 to $38.00 and gave the stock an "equal weight" rating in a research report on Wednesday, March 12th. Seven analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, American Homes 4 Rent presently has a consensus rating of "Moderate Buy" and an average target price of $40.89.

Insider Transactions at American Homes 4 Rent

In related news, Director Jack E. Corrigan acquired 4,000 shares of the stock in a transaction on Monday, May 5th. The stock was purchased at an average price of $23.42 per share, for a total transaction of $93,680.00. Following the transaction, the director now owns 12,000 shares of the company's stock, valued at $281,040. The trade was a 50.00% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Sara H. Vogt-Lowell sold 42,500 shares of the business's 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 completion of the transaction, the chief accounting officer now owns 99,214 shares of the company's stock, valued at $3,870,338.14. This trade represents a 29.99% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 6.01% of the company's stock.

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.